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Argentina Bank Workers Set May 13 Strike at Central Bank and Banco Hipotecario

Union leaders say planned cutbacks will cost jobs, reducing cash services in the provinces.

Overview

  • La Bancaria, which announced the action Wednesday, will halt work at both institutions during the last three hours of customer service.
  • The union targets a Central Bank plan to close 12 of 21 regional treasuries, a step it says puts about 32 jobs at risk and drains key local functions.
  • Shuttering those treasuries would push cash handling and logistics toward Buenos Aires, which could slow deliveries of banknotes and support to provincial offices.
  • La Bancaria also accuses Banco Hipotecario of closing branches and carrying out unjustified dismissals in several cities, and the bank has not commented publicly.
  • Tensions grew after an April 27 action and dead‑end filings at the Labor Secretariat, against a wider backdrop of branch cuts tied to digital banking, including Santander’s February plan to drop more than 40 locations that unions say could affect over 500 workers.