National Bonds, Lulu International Exchange announce partnership

DUBAI — National Bonds Corporation (NBC) PJSC, on Monday announced its partnership with Lulu International Exchange as the latest expansion of its existing vast network of distributors across the UAE.

By (Staff Report)

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Published: Tue 19 Apr 2011, 11:37 PM

Last updated: Tue 7 Apr 2015, 3:33 AM

The deal expands National Bonds’ presence in the country to over 580 branches, and furthers its commitment to boost its distribution network in all emirates of the UAE.

“The deal will provide customers with additional and closer touch points, which increases the convenience, easiness and quality of NBC services, while diminishing customers’ travel time, queuing for bonds’ purchasing and overall taking out any hassle from the saving experience,” National Bonds said in a statement on Monday.

The company’s current distribution network includes a long list of well know financial affiliates including — Emirates Post Offices, leading Exchange Houses, and various banks, in addition to National bonds head office in Dubai and the company’s website.

“We are delighted to begin 2011 with further growth this time in our highly valued distribution network. Lulu International Exchange is a reputable company with a strong portfolio of branches across the UAE and many value-added services that our customers can benefit from,” Mohammed Qasim Al Ali, CEO of National Bonds, said.

On the signing ceremony, Yusuff ali M.A, Chairman, Lulu International Exchange Chairman, said: “We are delighted to partner with National Bonds to reach out to a larger segment of society through our growing branch network in the UAE.”

Adeeb Ahamed, CEO of Lulu Intl Exchange, and Omer Subhi Abdel Razeq, CFO of National bonds Corporation PJSC, were also present on the occasion. —

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