• Risk Management and Internal Control Systems

    Internal control environment at Salbookh Trading Company (STC) consists of several tools to deal with the main risks the Company is exposed thereto. In this regard, has established various committees to supervise its operations, roles and responsibilities, in addition to establishing an approved organizational structure and a departments' structure that outlines their powers and segregates their functions, roles and responsibilities, subject to review from time to time. STC's management ensures that the powers assigned to the employees conform to their responsibilities, along with an acceptable level of delegation and separation of duties.

    Employees' powers and responsibilities are subject to periodic review in accordance with business requirements and any changes that may occur in the organizational structure.

    Further, STC utilizes information technology whenever possible to introduce and process data in different departments, as well as to reduce potential errors. The majority of the core business processes; such as general ledgers, clients, accounts and management information system, are being implemented through automatic applications.

Address

Office #6, 4th Floor, Symphony Building
Opp. American University of Kuwait, Salem Al Mubarak Street,
Salmiyah , Kuwait
P.o Box. 1974, Safat 13020 Kuwait
Telephone No : 25770441
Fax No. : 25770448
Email : info@salbookh-group.com
Website : www.salbookh-group.com

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