On World Savings Day, National Bonds Reveals over 100% Surge in Regular Savers Compared to 2022

• National Bonds generated compounded annual growth worth 12% in the last 5 years.

Dubai, United Arab Emirates, 30 October, 2023: National Bonds, the UAE’s savings and investment company, reported a substantial surge in its customer base in 2023 with over 40,000 new customers, a remarkable increase of more than double, compared to the previous year.

At the same time, over the past five years, National Bonds has achieved a compounded annual growth of 12%. This announcement coincides with the celebrations of World Savings Day and underscores the increasing trust that customers have in the company and its products. These results align with the findings of the National Bonds Savings Index, which revealed that 68% of those who have not saved yet plan to start saving within the next six months to a year.

National Bonds: The New End-Of-Service Gratuities System Aims to Enhance The UAE’s Ability to Attract Talent and Enable Individuals to Invest in Their Future

Mohammed Qasim Al Ali, Group Chief Executive Officer of National Bonds, commented: “We are confident that the recently approved optional system for end-of-service gratuities by the UAE Government will increase the attractiveness in the UAE’s labor market and will strengthen job security. Furthermore, it will empower individuals and corporations to invest in their future and support corporates with employee retention strategies.”