National Bonds: 64% of Employees under 30 Maintain Emergency Fund ofalmost 40K AED

Dubai, United Arab Emirates, 23November, 2023: National Bonds, the savings and investment company,has said today that 64% of employees under 30 years of age maintain an emergency fund ofaround 40K AED, with the majority being Emiratis living in Dubai.

National Bonds has also added that the reliance on sole source of income is still a concern for many people, particularly among women in their 40s.

This insight strongly aligns with National Bonds’ strategic objective of introducing new saving solutions that cater to different segments of the population. In line with the growing demand for such solutions, Second Salary plan has been thoughtfully crafted to offer people a tool to generate a supplementary income while securing people’s financial stability for the years ahead.

The Second Salary plan is positioned as a reliable strategy for safeguarding future income, particularly in the face of challenging market conditions. The plan offers customers to choose their preferred tenor ranging between three to ten years. It also offers competitive expected profit that is reinvested, on a monthly basis, throughout the entire tenor and individuals can begin saving with a minimum monthly contribution of just AED 1,000.

These findings, derived from theresultsof the 12th edition of National Bonds Savings Index, an annual survey on the saving behaviour in the UAE, are published with an aim of promoting and strengthening a savings-oriented mindset.This approach is intended to bettertailor National Bonds’ programs and schemes to align with people’s aspirations, ultimately enhancing their financial security. 

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About National Bonds Corporation Sole Proprietorship PSC

National Bonds Corporation is a Sharia-compliant savings and investment company owned by the Investment Corporation of Dubai, established in 2006. It is licensed and supervised by the Securities and Commodities Authority and is audited by the Dubai Government Audit Department, Sharia Supervisory Board as well as reputable International external auditors. The company provides UAE nationals, UAE residents, and non-residents with an opportunity to build and fortify their savings safety net, as well as invest in programs that offer competitive returns with lower risk. Its goal is to encourage disciplined savings habits for people across the 7 Emirates, in line with the UAE Government’s Vision for a financially secure and sustainable future. National Bonds offers an exciting AED 35 Million Rewards Program to all savers, with monthly and quarterly prizes ranging from AED 1 million to various luxury cars. www.nationalbonds.ae .