National Bonds Announces Partnership with Al Hilal

DUBAI - National Bonds Corporation PJSC on Saturday announced a strategic partnership with Al Hilal Bank aimed at further enhancing the distribution network of National Bonds in the UAE.

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Published: Mon 16 Feb 2009, 12:39 AM

Last updated: Sun 5 Apr 2015, 10:22 PM

The Memorandum of Understanding was signed by Mohammed Qasim Al Ali, CEO of National Bonds Corporation, and Mohamed Jamil Berro, CEO of Al Hilal Bank, at a ceremony held in Abu Dhabi.

Al Ali said, “Our strategic partnership with Al Hilal Bank, another leading Shariah-compliant entity will not only significantly enhance our distribution network but also offer a seamless service for our bondholders in line with our vision of being everyone’s favourite place to save. By establishing several customer contact points in Abu Dhabi, as part of our expansion plans this year, National Bonds will be able to offer convenient services to individual bondholders in the capital, as well as various existing and potential corporate customers.”

On the other hand, Berro said, “We are pleased to work together with a pioneering financial institution like National Bonds Corporation, whose unique saving scheme has helped boost customer confidence in the current global situation.”

business@khaleejtimes.com


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