The Social Development Bank actively participates in World Savings Day.

The Social Development Bank participates in the activities of celebrating World Savings Day, within the framework of the bank’s strategy to increase financial awareness and spread the culture of saving, and in line with the Kingdom’s Vision 2030, which states at its core “an ambitious nation and responsible citizenship.”

The Social Development Bank participates in the activities of celebrating World Savings Day, within the framework of the bank’s strategy to increase financial awareness and spread the culture of saving, and in line with the Kingdom’s Vision 2030, which stipulates at its axis “An ambitious nation and responsible citizenship” to “raise the percentage of household savings out of their total income from 6 % to 10%”, as the world celebrates this day annually on the thirty-first of October since 1924 AD with the aim of spreading awareness among society of the importance of saving.

On this day, the bank activates its participation in cooperation with many social responsibility partners (governmental, private, and some universities and schools) in a number of regions of the Kingdom, by holding many training courses, and distributing many educational publications and videos about the importance of saving and financial planning via electronic platforms. To those entities and to all their employees and clients, in addition to various social media channels.

It is worth noting that the bank has begun launching several initiatives aimed at raising its customers’ financial awareness and enhancing their savings culture, in addition to launching a campaign focusing on spreading the concept of saving and financial planning for individuals, so that a person can follow simple methods that lead to maximizing the benefit from daily financial spending, through Awareness of the returns resulting from expenses and expenses, leading to achieving returns related to well-being and happiness for the person.