Annual Report 2022 - The Beginning of a Journey of Transformation slide image

Annual Report 2022 - The Beginning of a Journey of Transformation

TREASURY AND INVESTMENTS Treasury & Investment The Group's Treasury manages the Group's assets and liabilities and liquidity requirements under the supervision of the Asset and Liabilities Committee (ALCO) Manages the money market books and money market funding positions for the Group's own account to fund its domestic and international foreign-currency assets Undertakes a range of foreign exchange business, across both spot and forward markets, largely on behalf of the Group's customer base, and conducts a limited amount of proprietary foreign exchange trading within the constraints of what the Group considers to be prudent risk guidelines Maintains a portfolio of government treasury bills and bonds to meet relevant regulatory requirements and to manage surplus domestic currency liquidity The Group's investment unit is responsible for managing the Group's fixed income portfolio with the objective of realizing income while minimizing the risk of default 1,425 Segment Assets (KD million) 1,904 1,876 1,889 1,702 2020 2021 2022 I YTD 2022 YTD 2023 الله 23
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