PETALING JAYA: The Malayan Commercial Banks Association (MCBA) and the Association of Bank Officers Malaysia (Abom) have signed a new collective agreement (CA) which will, among others, see Abom members enjoy a 9% salary adjustment.
The CA, for the period 2024 to 2026, will benefit some 3,500 bank officers serving in 10 commercial banks across Peninsular Malaysia.
The agreement was signed in Kuala Lumpur where MCBA was represented by its president Datuk Dr Nora Abd Manaf, and executive director Looi Heong Meng, and Abom by its president Suhairun Mohd Nawir, and its general secretary Ng Choo Seong.
Nora said the signing was a significant occasion and the beginning of a new chapter in the shared journey of the two parties.