Human Resources Department Manager at Kuwait Finance House (KFH) Mohammed Al-Jallal stated that the bank has organized in October several high level training courses for its employees, in order to allow them to be able to handle most pressing financial and economic developments. This comes as part of KFH’s 2011 training program.
Moreover, Al-Jallal explained that the training course includes merging, progressive acquisition, debts structuring, and the management of investment portfolios. He noted that those operations are highly demanded by small and large corporations, where corporations with high liquidity seek to take advantage of acquisition opportunities created by the global financial crisis. He noted that other corporations seek to form entities that can face current and future challenges.
Furthermore, he mentioned that the first course includes the definition of merging, acquisition, determining level of risk, factors of success, expected costs and returns, cash flow, retrieving of paid money, financing and selling of assets, management and the requirements of investment, forming consultancy team, analyzing debts and cash flow, structuring of debts, and the terms and conditions that govern those operations. He went on to say that the structuring of debts discusses many important issues that include the operations management and procedures, warning signals, contracts and agreements, sharing losses, multiple currencies, negotiation process, banking solutions versus business solutions, risks, and Basel I and II criteria.
In addition, Al-Jallal stated that KFH continues to use advanced technology and training methods, which allows it to constantly develop and improve the performance of its employees.