Together Gibraltar urges Govt to protect Jyske Bank’s staff and clients

Together Gibraltar has called on the Gibraltar Government to honour its commitment to find a solution for both the employees and clients of Jyske Bank (Gibraltar), which is being sold by Denmark’s Jyske Bank Group.

The party said Jyske Bank (Gibraltar) had served Gibraltar for over 30 years, providing local businesses and personnel a safe, reliable place to bank.

“While the Government was proud to announce that the departure of Jyske Bank was of no surprise to them, the news was met with shock and disappointment from the bank’s employees and clients,” Together Gibraltar said.

“The Government should prioritise regulatory approval for the successful prospective buyer should it be required; ensuring necessary due diligence is applied, but concurrently collaborating with both Jyske Bank and the buyer to ease the process.”

Jyske Bank employs about 100 people in Gibraltar and Together Gibraltar said everything possible should be done to ensure the safe transition of the bank’s workforce to the future owner.

“Together Gibraltar calls on Government to ensure the employees are adequately represented during negotiations, and that their livelihoods and service are considered before a deal is reached,” the party said.

“Jyske Bank’s loss is indeed sad for Gibraltar, but we look forward to the future.”

The party said that if in government, it would work hard to both attract and retain global businesses, as well as nurture local private enterprise.