Work Relations

After signing the Collective Agreement of Savings Banks and Financial Institutions for 2015-2018 on 30 June 2016, CECA took over the ACARL (Savings Bank' Association for Labour Relations), which is why CECA is currently overseeing all the companies linked to the Collective Agreement for savings banks and financial institutions. On 28 February 2018, a collective agreement was signed, compiling all previous collective agreements into a single document and keeping them in force.

The above-mentioned collective agreement will be valid until 31 December 2018.

Areas of activity

The aim of CECA, as the employers' association for savings banks and institutions, is to represent the associated institutions that are bound by the Savings Banks and Financial Institutions Collective Agreement, with its main objectives being:

  • To represent the institutions in state collective agreements for the savings banks and financial institutions sector. At the end of 2016 it had more than 70,000 employees.
  • To carry out economic, social and labour studies on all matters regarding working relationships associated with the companies that are linked by Collective agreement with their employees.
  • To maintain relationships with other business organisations and to participate in institutions, organisations and associations, as well as to collaborate with Public Administrations on labour matters.

CECA adopts as a fundamental principle and standard of conduct the preservation of the character and independence of its members.

Labour Relations Committee

The Labour Relations Committee is the representative body for its members. This Committee has the following functions:

  • To determine the position of CECA and companies associated with it in collective negotiations with union representations.
  • To develop and direct collective negotiations and to agree the signing off of the final positions reached in these negotiations.
  • To manage and carry out the follow-up of the Collective agreement's application for savings banks and financial institutions.
  • To decide the adherence to settlements and planned agreements for articles 83.2 and 3 of the Workers' statute.
  • Any other role that the Board of Directors gives it.
  • Companies can take part in the aforementioned Committee.

Associated Companies

The financial institutions linked to the Collective agreement of savings banks and financial institutions are part of the Committee of Labour Relations.

List of companies


It is very important to us to be at the disposal of our companies, as well as of the general public. Below are our contact details:

Calle Caballero de Gracia no. 28-30, 4th Floor, Madrid (28013).
Telephone: 91 596 79 63 or 91 596 79 68

Financial institutions associated with the Collective agreement of savings banks and financial institutions.