46 thousand beneficiaries of the Social Development Bank’s courses in financial culture.

The Social Development Bank revealed statistics on the number of beneficiaries of the training courses, workshops and lectures it provided during the year 2018 AD in raising awareness and spreading financial culture and savings

The Social Development Bank revealed statistics on the number of beneficiaries of the training courses, workshops and lectures it provided during the year 2018 AD in raising awareness and spreading financial culture and saving, as they benefited from those courses. The workshops included 46,000 beneficiaries, both male and female, through savings ambassadors from the employees of the bank branches spread around the Kingdom.

In more detail about these courses and workshops, the Bank’s Assistant General Manager for the Savings Sector, Engineer Badr Al-Jared, confirmed that the sector has provided (800) training courses and workshops. A lecture was presented to male and female university students and employees of government agencies and the private sector, in addition to the active presence in exhibitions and forums held in the cities and regions of the Kingdom and the provision of courses to visitors of those events, indicating that the sector focused on instilling a number of concepts in awareness and spreading financial culture and savings, including skills. Personal saving, financial planning and budget management, smart investing and money development, loans and credit cards, and how to benefit from saving in investing.

Al Jared stated that the bank seeks to achieve one of its most important priorities in accordance with its bylaws " Working to encourage thrift and savings for individuals and institutions in the Kingdom, and finding tools and programs that achieve this goal. Through awareness, spreading financial culture and saving, providing incentives that encourage saving, developing appropriate savings products in addition to protecting savers, changing a number of wrong consumption patterns, instilling the concepts of saving, and achieving a balance between income and spending, noting that the sector presented a number of initiatives in 2018. And programs that contribute to encouraging a culture of saving, whether at the individual or family level.