{"id":92995,"date":"2015-02-19T16:47:53","date_gmt":"2015-02-19T16:47:53","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=92995"},"modified":"2015-02-19T17:00:22","modified_gmt":"2015-02-19T17:00:22","slug":"tension-mounts-in-arb-apex-bank-over-workers-cash","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=92995","title":{"rendered":"[Photos] Tension mounts in ARB Apex Bank over workers cash"},"content":{"rendered":"<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/02\/apex-staff-picketing-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-93009\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/02\/apex-staff-picketing-2.jpg\" alt=\"????????????????????????????\" width=\"600\" height=\"630\" \/><\/a>There is currently heightened tension in ARB Apex Bank following a breakdown in salary negotiations between workers and management of the bank.<\/p>\n<p>Workers of the bank today wore red armbands and hanged red banners around the premises, warning management of a possible strike in the future if their concerns are not addressed.<\/p>\n<p>[contextly_sidebar id=&#8221;hmn4y1rrPnadgzwMHNBshDK82mpN2ThD&#8221;]The Apex workers union is demanding for a more than 20% increment in salaries while management is proposing a 10% increment.<\/p>\n<p>According to the workers the worsening economic conditions including high inflation, high utility cost and last year&#8217;s more than 31.2% cedis depreciation against major trading currencies have affected their purchasing power.<\/p>\n<p>The Board chairman of ARB Apex bank Nathaniel Arthur today February, 19th, 2015 called for a crisis meeting with management and leadership of Apex workers union to resolve the standoff.<\/p>\n<p>An emergency board meeting has also been scheduled for Friday February 27,2015 to address the concerns of the workers after an inconclusive meeting today.<\/p>\n<p>Nathaniel Arthur speaking to Citi FM&#8217;s Rabiu Alhassan after the meeting said the board would investigate the concerns of the workers.<\/p>\n<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/02\/apex-staff-picketing.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-93011\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/02\/apex-staff-picketing.jpg\" alt=\"????????????????????????????\" width=\"600\" height=\"693\" \/><\/a>Workers of the bank have resolved to suspend the wearing of the red armed bands after an appeal from the board and management.<\/p>\n<p>But the workers are warning of a possible strike after February 27, if the board and management do not resolve the issues.<\/p>\n<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/02\/apex-staff-picketing-42.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-93012\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2015\/02\/apex-staff-picketing-42.jpg\" alt=\"????????????????????????????\" width=\"600\" height=\"767\" \/><\/a>Operations of more than 130 rural banks across the country would grind to a halt if the situation degenerates into a strike.<\/p>\n<p>ARB Apex bank is a &#8220;mini&#8221; central bank for the Rural and Community Banks under the supervision of the Bank of Ghana.<\/p>\n<p>Being a dedicated controlling bank, it ensures effective supervision of rural and community banks.<\/p>\n<p>&#8211;<\/p>\n<p>By: Rabiu Alhassan\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is currently heightened tension in ARB Apex Bank following a breakdown in salary negotiations between workers and management of the bank. Workers of the bank today wore red armbands and hanged red banners around the premises, warning management of a possible strike in the future if their concerns are not addressed. [contextly_sidebar id=&#8221;hmn4y1rrPnadgzwMHNBshDK82mpN2ThD&#8221;]The Apex [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[19],"tags":[4],"class_list":["post-92995","post","type-post","status-publish","format-standard","hentry","category-health","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/92995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92995"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/92995\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}