Muscat, February 26: BankMuscat, the leading financial institution in the Sultanate, recently organised a 5-day training programme on ‘Real Estate Development, Financing and Modeling’ attended by 17 staff members drawn from various departments of the Bank.

The programme facilitated by Terrapinn Financial Training covered a wide range of real estate financing issues such as understanding and investing in residential, office, retail and leisure development, creating detailed valuation models, conducting sensitivity analysis, the impact of different financing structures on investment, modelling Mezzanine debt and valuing real estate assets and property.

Salim Al Kaabi, Assistant General Manager, Human Resources Management, BankMuscat, said: “The training programme reflects the Bank’s commitment to continuously allocate significant resources to support learning and development of the Bank staff to enable them benchmark with the best in class internationally. It also exemplifies partnership between the human resources department and business functions with the objective of offering innovative solutions to valued customers. The programme helped the participants to understand advanced concepts used in real estate modeling and undertake quantitative and qualitative approaches to evaluate real estate development opportunities using scenario planning and sensitivity analysis. It helped them also to make investment presentations targeted at different audiences. The programme will help the Bank to maintain its lead position in the market.”