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PERSONNEL MANAGEMENT
Personnel Management Department implemented the following set of actions in 2005 in accordance with the Finance and Credit Bank Strategic Development Plan:
training of the Bank's personnel focused on achieving higher financial results
actions aimed at reducing staff turnover, increasing staff stability and reliability
ensuring Bank restructuring in accordance with the objectives set by the Bank Strategic Development Plan
ensuring further professional development and advancement of personnel
involvement in drafting of regulations, orders, job descriptions in compliance with the objectives as determined for the new organizational structure
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Further improvement of personnel motivation based on the performance of structural units and individual employees is an important factor facilitating achievement of objectives, mentioned.
In comparison with 2004, the salaries of the Head Bank employees rose by about 25%, those of the branch bank employees grew by 10%-15%.
The expanded branch network of 64 branch banks, enlarged customer base, higher loads and volume of operations, extended range of bank products on offer necessitated a growth in the number of employees.
In 2005, the number of employees grew as compared to 2004 by 877 persons or by 30% of the total number of the Bank staff.
As of 1 January 2006, the Finance and Credit Bank employed 2905 persons.
In 2005 the growth of the Bank staff number corresponded to the Bank's development dynamics.
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