National Bonds Corporation

National Bonds Corporation
National Bonds Corporation
Type: Company
Name: National Bonds Corporation
First reported May 16 2013 - Updated May 16 2013 - 3 reports

Dubai Public Prosecution First To Adopt “My Savings” Initiative

– ‘My Savings’, a new initiative announced by the Government of Dubai in collaboration with National Bonds Corporation, the unique UAE leader in Sharia compliant savings and investment schemes, drew an all-embracing response from the Dubai Public Prosecution ... [Published Dubai City Info - May 16 2013]
First reported May 14 2013 - Updated May 14 2013 - 2 reports

UAE firms not keen on helping staff save

Only few companies have employee savings plan Dubai: Some companies are slowly warming up to the idea of establishing an employee savings plan as an alternative to a pension scheme, but it?s not widely popular with private sector employers right now.The ... [Published Gulf News - May 14 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Dubai's Amlak said to eye $2bn loan extension

Dubai-based Islamic mortgage provider Amlak Finance has proposed to extend the maturity of more than $2bn of debt by 15 years and reduce the amount by 30 percent, it has been reported.Two sources familiar with the matter told Bloomberg that the company, ... [Published Arabian Business - May 13 2013]
First reported May 12 2013 - Updated May 12 2013 - 1 reports

Amlak Said to Propose 15-Year Loan Extension, 30% Debt Reduction

Amlak Finance PJSC, the Islamic mortgage provider restructuring more than $2 billion of loans, proposed to extend the maturity of the debt by 15 years and reduce the amount by 30 percent, two people familiar with the matter said.The Dubai-based company ... [Published BusinessWeek - May 12 2013]
First reported May 12 2013 - Updated May 12 2013 - 1 reports

Common cents: The importance of saving should not be underestimated.

In This ArticleFirst Gulf Bank, Union National Bank Related Qatar's international reserves surge to USD38bn Market cap surges to SAR1.45trn Saturday, May 11, 2013The importance of saving should not be underestimated. Savings give people a sense of security ... [Published Zawya.com - May 12 2013]
First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

UAE: National Bonds Corporation offers flexible pension schemes for expatriate employers

UAE: National Bonds Corporation, a Shariah compliant company has come up with a scheme similar to a provident fund for the benefit of expatriate workers in the UAE... ... [Published Islamic Finance News - Apr 30 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 2 reports

Provident Fund scheme floated for UAE expats

A Shariah-compliant company, promoting savings culture in the country, has mooted the idea of setting up a scheme similar to provident fund for the benefit millions of expatriate workers in the UAE, Emirates 24|7 can reveal.Under its Employee Savings ... [Published Emirates247 - Apr 29 2013]
First reported Apr 22 2013 - Updated Apr 23 2013 - 4 reports

UAE- National Bonds in new rewards plan

(MENAFN - Khaleej Times) Dubai-based savings company National Bonds Corporation, or NBC, on Monday announced a revamped rewards structure that ... [Published MENAFN - Apr 23 2013]
First reported Apr 23 2013 - Updated Apr 23 2013 - 1 reports

Savings, investment scheme register growth

DUBAI: The National Bonds Corporation (NBC) Sharia compliant savings and investment scheme has registered a 16 per cent growth in Issued bonds and achieved six per cent growth in its customer base for 2013 indicating an increased demand for savings witnessed ... [Published The Gulf Today - Apr 23 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

National Bonds eyes blue collar savings

National Bonds Corporation has lowered its threshold for entry to the savings scheme and revamped its prize structure in a bid to attract more blue collar workers.It has lowered its minimum purchase of bonds from Dh3,000 (US$816) to Dh100.The shake-up ... [Published Abu Dhabi National - Apr 22 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

National Bonds amends prize structure

More focus to be given on women, kids, employees Dubai:The National Bonds Corporation yesterday announced it is restructuring its prize allocation and reducing the minimum subscription requirement to enter the draw from Dh3,000 to Dh100.The new rewards ... [Published Gulf News - Apr 22 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

National Bonds launches new rewards programme

new structure doubles prizes to include special attention to females, minors and regular savers ... [Published CPI Financial - Apr 22 2013]

Quotes

Mohammed Qasim Al Ali, CEO of National Bonds Corporation, said: "The government and private institutions today play a key role in managing the lives of individuals and encouraging them to follow financially viable lifestyles. Human resources departments are no longer just involved with basic functions such as hiring staff or payroll management. Responsibilities are now expanding in scope to include more involvement in all aspects of employee life. We are happy to partner with Dubai Public Prosecution as they go the extra mile in helping their employees organize their financial affairs. This initiative and through direct salary deduction, will help spreading the saving culture which will certainly reflect positively on the economic health of the emirate."
Confirming his support, His Excellency Chancellor Yousef Hassan Al Mutawa, Dubai Public Prosecution,said: "As an organization that takes employee welfare very seriously, we believe 'My Savings' is an excellent vehicle that complements our efforts to promote the wellbeing of our staff. The scheme will reinforce the savings culture among our employees and enable them to keep a close watch over their expenditure patterns. Such a habit would stand anyone in good stead in the long term." Dubai Public Prosecution employees who opt to participate in the Shari'a compliant 'My Savings' programme will specify a fixed amount to be set aside...
Abdallah Kubursi, CEO of TAKAUD commented: "There is clearly a critical need for MENA-specific long-term savings and pensions solutions. Public pensions will continue to play a significant role in the MENA region, especially in the GCC countries, but for many of the population, there could be funding gaps for meeting certain financial or retirement goals. For MENA nationals, TAKAUD's solutions could help supplement public pensions in order to counter the effects of inflation and meet short-falls in their financial planning. Expatriates can also benefit as these solutions could top-up their end-of-service benefits and add to their retirement savings. With our unique solutions, TAKAUD aims to bring about a paradigm shift to the region in terms of how people take control of their financial future and long term needs."
When asked about the low proft rate at the press conference, Al Ali had said: "We have to compare an apple to an apple. Our profit rate is higher than what the banks give on saving accounts."

More Content

All (28) | News (27) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Dubai Public Prosecution First To Adopt “My Sav... [Published Dubai City Info - May 16 2013]
Dubai Public Prosecution to adopt My Savings in... [Published AME Info - May 16 2013]
Dubai Public Prosecution to adopt “My Savings” ... [Published GulfBase - May 16 2013]
Dubai Public Prosecution to adopt “My Savings” ... [Published CPI Financial - May 15 2013]
Takaud aims to diversify savings with new plan [Published Trade Arabia - May 15 2013]
TAKAUD aims to diversify personal savings and w... [Published AME Info - May 15 2013]
UAE firms not keen on helping staff save [Published Gulf News - May 14 2013]
Savings scheme contributions up 142% [Published Gulf News - May 14 2013]
Dubai's Amlak said to eye $2bn loan extension [Published Arabian Business - May 13 2013]
Amlak Said to Propose 15-Year Loan Extension, 3... [Published BusinessWeek - May 12 2013]
Common cents: The importance of saving should n... [Published Zawya.com - May 12 2013]
Emiratis Consider The Private Sector As Opportu... [Published Gulf Business - May 06 2013]
UAE: National Bonds Corporation offers flexible... [Published Islamic Finance News - Apr 30 2013]
Every dirham counts: what to do with small savings [Published Zawya.com - Apr 30 2013]
Provident Fund scheme floated for UAE expats [Published Emirates247 - Apr 29 2013]
Provident Fund scheme floated for expatriates i... [Published Emirates247 - Apr 29 2013]
Where are National Bond millionaires investing? [Published Emirates247 - Apr 25 2013]
UAE- National Bonds in new rewards plan [Published MENAFN - Apr 23 2013]
Expat money: Honey, I shrunk our pension pot [Published The Phuket News - Apr 23 2013]
Savings, investment scheme register growth [Published The Gulf Today - Apr 23 2013]
National Bonds in new rewards plan [Published Khaleej Times - Apr 22 2013]
National Bonds eyes blue collar savings [Published Abu Dhabi National - Apr 22 2013]
National Bonds amends prize structure [Published Gulf News - Apr 22 2013]
National Bonds launches new rewards programme [Published CPI Financial - Apr 22 2013]
National Bonds launches new rewards programme [Published GulfBase - Apr 22 2013]
Prize bonanza: National Bonds offers prize ever... [Published Emirates247 - Apr 22 2013]
Number of women bondholders on rise [Published Gulf News - Apr 08 2013]
Fact Sheet for National Bonds Corporation [Published Able2Act - Aug 31 2008]
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2013 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.