Private sector lender, Catholic Syrian Bank is coming up with innovative ideas to make its coupe a strong one and thus achieve its ambitions. Inline with this motive, the lender last month floated the idea to senior employees that they can willingly decide to opt out of job with their kins getting hired in their place.

Employees in the age group of 49 to 59 years have been given this offer. The idea behind this offer is to bring new and young workforce in CSB's team without the traditional superannuation and new recruitment cycle as followed by other banks.

The offer in its inital phase did not receive a warm response but by the time of its closure that is on February 28, 2011 quite a number of applications came in support of the idea. Out of all applications received, 100 have been shortlisted for the process.

Out of these 100 people shortlisted, only 2 come in the cadre of assistant general managers while remaining are sub staff or clerks.