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Comprehensive savings products offer<br />
In 2011, the Bank offered two new savings products, thus completing its range of savings products.<br />
The existing forms of saving were supplemented in the beginning of the year with a new five-year<br />
gradual savings scheme, which enables clients wishing to enhance their financial safety to make<br />
some provisions without major forgoing. The savings scheme involves paying in of regular monthly<br />
instalments, which the Bank encourages by awarding its clients with a higher interest rate at each<br />
completed year of saving. Gradual saving, which the market accepted very well, has thus already<br />
during the phase of introduction contributed to the realisation of objectives the Bank has set for the<br />
field of obtaining retail funds.<br />
In the last third of 2011, the Bank also introduced the product called "My monthly annuity", a new<br />
form of deposit that enables paying out of a regular monthly annuity from funds already saved. As<br />
compared to the standard deposit, the terms of interest bearing are more favourable and stimulative,<br />
the care for regular monthly payments is assumed by the Bank and the saved amount bears interest<br />
throughout the period of payments. The Bank offered "My monthly annuity" in particular to those<br />
wishing to improve their standard of living with saved funds beside their pension, and also to those<br />
wishing to enable their children a regular monthly allowance.<br />
Organisational changes<br />
In order to enhance its operational efficiency, <strong>Gorenjska</strong> <strong>banka</strong> also had to partially rearrange the<br />
existing internal organisation in 2011.<br />
Major organisational changes were thus carried out in the business network of <strong>Gorenjska</strong> <strong>banka</strong>,<br />
which as of 1 January 2012 no longer operates through six regional business units. The Bank<br />
abolished its business units and centralised their management function; a part of the responsibilities,<br />
competencies and tasks of former managers of business units were assumed by the relevant staff<br />
functions.<br />
Due to the increased complexity of operations involving corporates, in 2011 <strong>Gorenjska</strong> <strong>banka</strong><br />
introduced the department for risky receivables, which is actively solving dilemmas related to the<br />
poor situation of companies and management of bad investments.<br />
41<br />
<strong>Gorenjska</strong> <strong>banka</strong>, d. d., Kranj<br />
<strong>Annual</strong> <strong>Report</strong> 2011<br />
Management <strong>Report</strong>
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