Sunday, June 15, 2025

Maybank Philippines inks two-year labor agreement in record time

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Maybank Philippines, Inc. (MPI) signed its 2025-2026 Collective Bargaining Agreement in less than a day, marking a historic achievement in labor relations.

MPI Officer-in-Charge President and CEO Patrick Dennis L. Solosa and Employees Union President Diosdado “Dong” Maslog led the signing ceremony. Deputy Executive Director Tess Audea of the National Conciliation and Mediation Board, Department of Labor and Employment (DOLE), attended on behalf of Executive Director Mari Teresita D. Lacsamana-Cancio.

Reaching a CBA  in less than a day is truly one for the books,” said Solosa. “Let us continue to uphold the principles of cooperation and respect that have guided us throughout this process. Together, we will build a stronger, more resilient organization—one that remains committed to the welfare of our employees and the continued success of our business.

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Maslog praised the agreement: “The Union is very thankful to the MPI Management for their sincerity and goodwill toward our members. This agreement is a testament to what can be achieved when Management and the Union maintain a strong and collaborative relationship. We remain in continuous and full support of Management’s goals and targets.”

The swift negotiations underscore the bank’s commitment to maintaining a humanizing workplace built on open dialogue and mutual trust.

About Maybank Philippines

Maybank Philippines, Inc., a member of the Maybank Group, operates 60 branches, 15 lending centers, 9 Premier Wealth Centers, 9 branch lites, and an Islamic Banking Window nationwide. The bank provides comprehensive financial services including lending, deposits, electronic banking, credit cards, cash management, wealth management, remittances, trust services, and treasury products.

Maybank ranks as Southeast Asia’s fourth-largest bank by assets, with operations in 18 countries through 2,610 retail and 38 investment banking branches. Its Philippine house brands include Maybank Capital, Maybank Securities, and eTIqa Life and General Assurance Philippines.

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