Employees Strike at Rural Bank

Employees of the Rural Bank went on strike on Thursday.

According to Libya Herald, they are demanding a pay rise and an Extraordinary General Meeting (EGM) of shareholders as quickly as possible to appoint a board of directors to run the bank in place of the current steering committee.

They also demanded further investment in the bank which is supposed to focus on microcredit.

The protestors are reported to be angry about accusations that they have have been giving loans to friends and family rather than the general public.

The strike is scheduled to continue until 22nd June.

(Source: Libya Herald)

No comments yet.

Leave a Reply