Jun 20 2012
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National Bonds Holds its First Financial Education Seminar in Abu Dhabi
Over 300 participants attend the session in the Capital
Abu Dhabi, UAE June 20th 2012: Following on the success of the first phase of the Financial Education Roadshow which targeted the emirates of Dubai and Sharjah last month, National Bonds held its first ever seminar in Abu Dhabi recently.
The session, which was held at the Intercontinental Abu Dhabi, attracted over 300 National Bonds bondholders and guests who attended with their partners. The unique savings scheme said that initial feedback from participants was positive and guests had commended the effectiveness of the session which covered a range of topics such as financial planning, techniques on how to manage debts, prioritize expenses and an overview of successful saving habits.
Mr. Mohammed Qasim Al Ali, CEO of National Bonds Corporation PJSC said: "We are delighted to see such huge interest and enthusiasm amongst Abu Dhabi residents - the strong turnout for the first session highlights the awakened sense of financial responsibility towards savings among people in the capital and gives us a platform to build on for the future."
National Bonds revealed that there will be further sessions during the month of June in Abu Dhabi and Al Ain before the roadshow moves on to the northern emirates in the coming months. National Bonds Corporation PJSC has launched its nationwide financial education roadshow earlier in the year with the aim of educating different segments of the community on how to manage their finances to boost their savings following on from its pledge to create a culture of savings and responsible spending in the country.
About National Bonds Corporation PJSC:
National Bonds , which is licensed and regulated by the UAE Central Bank, is a Sharia'a compliant saving scheme that provides UAE nationals, UAE residents and non-residents - with a credible and safe savings opportunity. Minors can also own National Bonds , provided the bonds are purchased by the parent/guardian. Each bond costs AED 10, with a minimum purchase of AED 100 National Bonds Corporation PJSC announced an annual profit up to 2 % for 2011. NBC's cumulative profit rate of 30.33 % over the last six years is among the highest payout in comparison to any other similar savings schemes in the UAE.
National Bonds is a unique savings scheme with a huge and diversified client base with over than 650,000 customers, offering:
- Customers will have the opportunity to win 41,750 prizes every month. AED 1 million on the first Sunday of every month and 9,635 prizes on every Sunday in different prize categories - 5 prizes of AED10,000, 10 prizes of AED 5,000, 20 prizes of AED 1,000, 100 prizes of AED 500, 500 prizes of AED 100 and 9,000 prizes of AED 50. Savings with National Bonds can be redeemed easily after an initial 30-day holding period by calling 600522279 or for instant cash redemptions up to AED 10,000 per day through visiting selective branches of Al Ansari exchange house across the UAE.
- All National Bonds customers holding AED 5,000 or more and are of the age of 12 month to 70 years are automatically entitled to Takaful Life coverage up to a maximum value of AED 125,000 at no extra charge
does not charge any transaction fee from its customers. One can open an account for free and also close the account at any time without paying a penalty
- The National Bonds Employee Saving Scheme offers government and private sector employees an opportunity to save a portion of their salary on a monthly basis and also be entitled to all benefits and rewards offered by National Bonds
- National Bonds can be purchased from nearly 620 outlets across the UAE, including Emirates Post offices, exchange houses and banks.
- National Bonds can also be purchased online at www.nationalbonds.ae or call 600 522 27
For more information, please contact:
Rawan El - Saleh
DABO & CO
04 - 3444901
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