The Investment Studies Center (ISC) at Union of Investment Companies (UIC), in collaboration with Euromoney held a training program titled “Asset Liability Management" during the period (Monday - Wednesday) 01st – 03rd April 2019 at Courtyard Marriott Hotel Kuwait. Mr. Thierry Fuller delivered the course to the delegates.
In this regard, Ms. Fadwa Darwish, ISC Acting Director & Director of Technical Support at UIC reported that the program focused on how financial institutions manage asset liability management issues. The program discussed the market and liquidity risk of a financial institution in investment fund. Then, it reviewed the best practices of financial institutions in identifying, quantifying, managing and monitoring market and liquidity risk. The program also discusses how BASEL III affect asset liability management issues of these institutions, and the difference in management between banks and investment companies.
The overall objectives of the course were to help financial institutions to develop strategies to best manage its assets and liabilities to minimize risk and maximize returns, and how to how to convert the majority of these assets to securitization to be traded in the financial markets, in order to avoid liquidity problems.
By the end of the program, the participants received their certificates, who were from: KFH Capital Investment company (KFH Capital), National Bank of Kuwait (NBK), Boubyan Bank, Kuwait International Bank (KIB), Al Ahli Bank of Kuwait (ABK), as well as entities outside of Kuwait including Qatar Development Bank (QDB).