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46 thousand beneficiaries of the courses of the Saudi Social Development Bank in financial culture

Media In / Riyadh 10 February 2019
The statistics of the beneficiaries of the courses, workshops and training lectures provided by the Saudi Social Development Bank during 2018 were published in awareness raising and dissemination of financial culture and savings. The workshops benefited 46 thousand beneficiaries and beneficiaries through the savings ambassadors of the bank’s branches scattered around the Kingdom.
The sector provided 800 training courses, workshops and lectures for university students, government officials and the private sector, as well as active presence in exhibitions and forums held in the cities and regions of the Kingdom and providing courses for visitors to these events.
The sector focused on instilling a number of concepts in awareness raising and dissemination of financial culture and savings, including personal saving skills, financial planning and budget management, smart investment and development of money, loans and credit cards, and how to benefit from savings in investment.

It is worth noting that the Bank contributes to realizing 2030 Vision to raise the percentage of household savings from total income from 6% to 10%. In addition, one of the most important priorities of the Social Development Bank is to promote savings and savings for individuals and institutions in the Kingdom, Programs to achieve this goal “, through awareness and dissemination of financial culture and savings, providing incentives that encourage saving, develop appropriate savings products and protect savers, and is keen to contribute to changing a number of wrong consumption patterns and instilling concepts of savings and balance between income and expenditure, M Lina that the sector was introduced in 2018 a number of initiatives and programs that contribute to the promotion of a culture of saving both at the level of the individual or family.

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