Main significant functions:
- Maintain and develop relations with global international institutions.
- Management of current correspondent banking services and develop relations with local and foreign financial and banking institutions and negotiation of terms and conditions with them.
- Management of NOSTRO and VOSTRO interest free accounts to achieve mutual benefit to participating banks and facilitate inter-settlement transactions.
- Discuss the exchange of business with correspondent banks (cash, commercial and Reverse Murabahah transactions).
- Maintain very close ties and relations and communications with several major international banks and institutions to achieve efficient services and strengthen business relations.
- Coordinate with all internal departments to overcome any business problems related to correspondent banking services.
- Prepare financial reports of financial institutions and banks to allocate credit limits.
- Management of Agency Functions related to Islamic finance transactions where KFH is mandated as an agent.
Contact:
Tel. : (+965) 22964763
Fax : (+965) 22964756