Page 179 - AAE PR REPORT - June 2024

5/30/24, 9:40 AM National Bonds marks an impressive 153% surge in savings and investments by Al Ain customers during the first 5 months of 2024
Dubai, UAE - National Bonds, a leading Sharia-compliant savings and investment
company in the UAE, proudly announces the opening of its newest branch in Al Ain Mall.

This strategic expansion comes in response to the increasing demand from customers in

Al Ain, where National Bonds experienced a significant growth of 153% in savings and
investments from Al Ain customers during the first 5 months of 2024 compared to the

same period last year.

The inauguration of the new branch marks a significant milestone in National Bonds'
commitment to enhancing customer experience and extending its services beyond its

current geographic scope. Notably, the company also welcomed a 53% increase in new
customers in the same period, indicative of the growing trust and interest in National

Bonds' savings programs.

“National Bonds' expansion into Al Ain is a strategic move that underscores our
commitment to supporting the UAE's vision for financial literacy and inclusive economic

growth.” Rehab Lootah, Deputy Group Chief Executive Officer, stated, “By expanding the
scope of our services to reach Al Ain, the fourth largest area in terms of population in the

UAE[i], we are aligning with government initiatives aimed at empowering communities

with accessible and rewarding financial solutions. This expansion reflects the success of
National Bonds and our dedication to directly serving the diverse needs of UAE nationals

and residents, fostering their financial security and prosperity.”

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