Al Duwaisan: “NBK holds weekly workshops in select branches to introduce to its customers the services provided through SmartWealth.”

National Bank of Kuwait continues to bring innovative solutions to its customers, most recently introducing the SmartWealth service which was developed by the investment arm of NBK Group, NBK Capital. The service provides investors with the ability to obtain customized investment advice and execution services aimed for long-term investing.

The service enables investors to gain exposure to equities, fixed income, real estate and commodities securities as part of a multi-asset investment allocation. Investors will gain exposure throughout the world to regions such as the US, Europe, Asia and emerging markets. The service targets long-term investors who are planning for financial life goals such as home ownership, education funds, or general retirement.

SmartWealth provides trusted solutions for long-term investing. SmartWealth is a digital investment service based on a state of the art technology that customizes the model portfolio based on the customer’s risk appetite, financial goals and aspirations.

Speaking of the service, Hosam El Hourani, CFA from NBK Capital – Asset Management, said, “NBK Capital SmartWealth facilitates for investors to achieve their financial goals by availing to them best of breed solutions for long-term investing. The service enables them to obtain exposure to investments that are geographically diversified, in addition to exposure to multiple asset classes”. El Hourani added that SmartWealth has already received great response, proving that investors want solutions that support their goals and are in line with their lifestyle.

On another hand, Amal Al Duwaisan, Senior Manager, Consumer Banking Group, National Bank of Kuwait, said, “NBK and NBK Capital have partnered to launch investment workshops that are being run weekly in select branches across Kuwait. During these workshops, investment specialists from NBK Capital provide an overview of investment best practices and key principles of investment methodology. For investors interested in understanding SmartWealth further, this venue offers them an ability to discuss and work with specialists for their custom investment plan.”

SmartWealth provides investors with advice, recommendations, and execution services. In addition, investors have the ability to review, analyze, and administrate their investment portfolio through the use of SmartWealth service available on the website or mobile application.

Customers can open an account with SmartWealth by visiting nbkcapitalsmartwealth.com, download the application NBK Capital SmartWealth, or contact their relationship manager at an NBK branch.

NBK brings to the attention of customers that investing in securities involves risks. NBK Capital has made available further information about the SmartWealth’s features and risks on its website www.nbkcapitalsmartwealth.com. NBK also confirms that the content of this press release is provided for promotional purposes and that no necessary information about the service has been omitted.

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