YEREVAN, May 17. / ARKA /. Areximbank-Gazpormbak Group said in a press release it has introduced an expanded system of social benefits for its staff. ‘to raise the level of their social protection, to encourage leading specialists and make the staff feel more confident about tomorrow.’

The system of benefits envisages additional paid leaves, material benefits to employees wishing to marry, benefits are envisaged also for employees who have three and more children, one-time pecuniary assistance will be provided to those who have new born child. Monetary assistance is also envisaged for employees whose family members die, and to employees raising disabled children. The bank offers also a unique benefit to employees who take a leave to look after newborn children. For three years they will receive a monthly benefit.

According to the press release, the higher the grade of the employee the smaller the amount of benefits. The bank has also designed a preferential lending package for its employees. On May 2 Areximbank-Gazprombank’s assets stood at 48 billion Drams. It has 15 branches and 360 employees. ($1 – 386. 34 Drams.. -0-