CAC Bank Concludes Financial Assets and Liabilities Management (ALCO) Workshop

sadaalhakika

Today, Thursday, the Cooperative and Agricultural Credit Bank “CAC Bank” concluded the “Financial Assets and Liabilities Management (ALCO)” workshop with the participation of 40 of its banking leaders and staff, which lasted for 5 days and was trained by the international expert Dr. Salah Shehata, General Director of the Banking Supervision Sector in  The Central Bank of Egypt, and one of the most prominent Arab experts in the field of banking training.

Ahmed Al-Zamki, member of the Bank’s Board of Directors and Chairman of the Supervisory Board, expressed his happiness at his presence at the conclusion of the workshop, which is of great importance.
He said: “We are happy to be with you as members of the Board of Directors on behalf of the Acting Chairman of the Board of Directors and CEO of the Bank, Mr. Hashid Al-Hamdani, and we extend our thanks to Dr. Salah Shehata, for everything he presented during this workshop, and we hope that you have benefited from everything presented, and we are in constant need of such  workshops and courses increase the capabilities of the bank’s leadership.”

Dr. Salah Shehata thanked the management of CAC Bank, led by the Acting Chairman of the Board of Directors and CEO of the bank, Mr. Hashid Al-Hamdani, for his keenness to qualify and develop the capabilities of employees.
 He said: “This man does not skimp on training and raising the efficiency of the bank’s employees.”
He added: “I would like to say that CAC Bank has good raw materials, and raw materials that need more training, and I thank Dr. Maria Al-Sharmani, head of the training and qualification sector at the bank, for being the unknown soldier in making this workshop a success. There will be upcoming courses in Yemen and Cairo, and I thank you for your support and good listening"

It is noteworthy that the Financial Assets and Liabilities Management (ALCO) workshop discussed a number of important topics related to the development of banking work in the bank, the most prominent of which were: macroeconomic conditions, the bank’s strategy, the size of acceptable risks (Risk Appetite), market conditions, and political and security stability.
It targeted 40 bank employees in a number of relevant departments, and continued for 5 days, with an average of 5 hours of training per day.