National Bonds Corporation Launches ‘Financial Wellbeing' Initiative for Professional Workforce

Scheme Part of Continuing Efforts to Enable Secure Financial Future for Employees and Families

Dubai-UAE: October 30, 2013 - National Bonds Corporation PJSC, a unique UAE leader in sharia-compliant savings and investment schemes, has launched a ‘financial wellbeing' initiative to invite all companies which seek to educate employees on the benefits of financial planning as a way of securing their future, to coordinate with National Bonds Corporation to provide these workshops.

As part of this project, National Bonds conducted 30 workshops across government and private sector entities to highlight the initiative's core objective to both individuals and organisations.

The workshops elaborated on the route to achieving financial independence through regular planning and a sustained savings habit. The conventional wisdom of managing income effectively, particularly among high net-worth individuals, as well as the issue of tactical investment allocation in terms of risk versus reward was also reiterated. The positive impact of establishing an employee savings scheme on the work environment and the importance of initiating the culture of ‘paying yourself first' towards achieving short and long term financial stability were also addressed.

The workshops provided participants with an open forum for discussing investment and savings related inquiries with financial experts at National Bonds.

Loay Ragheb, Head - Wealth Management and Group Benefits at National Bonds Corporation, said: “We invite all public and private organizations which seek to educate employees on the benefits of financial planning as a way of securing their future to contact National Bonds Corporation, as hosting financial-planning related workshops articulates our vision at National Bonds to educate and empower different segments of the society on the benefits of methodical planning and regular savings for long term financially security.

“National Bonds' Employee Savings Program was conceptualised to inculcate a culture of savings and investment among the professional workforce. This is the reason why we grant five times more chances of winning the weekly and daily prizes to subscribers of this scheme. We are confident that our strategy will positively impact the winnings of our bondholders and enhance their competitive annual profit accrued.”

Dubai Women's Association, Dubai's Public Prosecution Office, the Ruler's Court – Government of Dubai, Hatta Annual Forum, Murdoch University – Dubai, Al Ain University, Emirates Glass Company, and Dubai Investments were some of the beneficiaries of the National Bond-led workshops.

National Bonds, which is licensed and regulated by the UAE Central Bank, provides UAE nationals, as well as residents and non-residents with a credible and safe savings option. Minors can also own National Bonds certificates, provided the bonds are purchased by the parent/guardian. Each bond costs AED10, with a minimum purchase limited to AED100.