Treasury Group

The Group’s responsibilities is to actively manage Treasury proprietary Investments, Assets & Liabilities, liquidity and interest rate risk as well as funding and concentration risks. All functions are governed by policies and investment guidelines. Treasury proprietary investments include investments in funds, fixed income portfolios and capital guaranteed products. This year, we have introduced a new line of business establishing mutual funds that is offered to our clients. This will absorb market liquidity and enhance CIB fee income and ratios.

Treasury is also in charge of the Asset and Liability management mainly through controlling and managing interest rate risk, gapping as well as liquidity risk. Using transfer pricing, Treasury has tight control over pricing of both Assets & Liabilities while controlling cost and complying with all the mandatory requirements of the authorities.

Responsibility for policies that govern Asset & Liability Management lies with the Assets & liabilities committee where members are CIB executives that represent different groups and is chaired by the Managing Director with General Manager Treasury Group as a Vice Chairperson. The Committee oversees the mobilization and pricing of alternative short and medium term funding sources, lending rates to clients, management of the capital, market risk and liquidity. Treasury and the Committee continuously monitor control over the risks.

In addition to the above, Treasury Group constantly reviews Treasury Policies and risk limits to ensure control of trading and market risk, with ongoing monitoring of current positions to ensure compliance with established limits.