Posted inBanking & FinanceLatest NewsUAE

National Bonds, Lulu Exchange in partnership to promote savings habits, products

The partnership will lead to Lulu Exchange branches across the UAE providing services to nationals and expats to join National Bonds’ diversified saving products or top up their National Bonds accounts

National Bonds, the Investment Corporation of Dubai-owned Shari’a-compliant savings and investment company, partnered with Lulu Exchange to provide a savings-related awareness programme to customers and employees.

The partnership will lead to Lulu Exchange branches across the UAE providing services to nationals and expats to join National Bonds’ diversified saving products or top up their National Bonds accounts.

Lulu Exchange has 91 branches spread across the country.

National Bonds Group CEO, Mohammed Qasim Al Ali, said the partnership is intended to provide various services to help customers to have easy access so that they can make swift and confident decisions on time.

Adeeb Ahamed, Managing Director of LuLu Financial Group, said through the exchange’s wide network of branches, it hoped to drive greater awareness around the various schemes of National Bonds and inculcate a culture of savings among our customers.

National Bonds’ savings schemes have historically yielded highly competitive profit rates for savers yearly.

Customers signing up through Lulu Exchange will automatically be enrolled into the rewards programme administered by National Bonds, aside from National Bonds’ ongoing AED35 million annual rewards programme – which give away over 400,000 prizes yearly.

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