The Minister of Labour and Social Development chaired the President of the Board of Directors of the Bank for Social Development, Engineer Ahmed Ben Suleiman Al-Rajjay yesterday (one) at the Development Bank headquarters in Riyadh City, the second meeting of the Board of Directors of the Bank for the current year (2018)
The Bank for Social Development has held a ceremony to prepare for the patronage of the blessed mushroom at the headquarters of the public administration in Riyadh 10, 1439H in the midst of a climate of joy and pleasure.
The Bank for Social Development signed a convention to implement its first savings programme with the Development Bank on Wednesday, 15, 1439H, 30 May 2018 M. The Convention was signed by the Director-General of the Bank for Social Development, Professor Ibrahim Bin Hamad Al-Rashid, the delegated member and the Executive Chairman of the Bank of Development, Professor Abdalm Hassan Bin Abdulaziz Al-Farez, and by the leadership of the Bank and the Executive Bank. The launch of this product is part of the savings programme series, which aims to develop financial instruments consistent with Islamic sharia provisions that allow bank customers to benefit from the features of the programme and assist and encourage them to save and financial planning by providing attractive financial and other incentives to customers The Assistant Director-General for Savings, Mr. Bader Ben Suleiman Al-Jard, stated that the Social Development Bank, through the signing of these conventions, was seeking to contribute to the vision of 2030 through one of the most visible visions and the financial sector development programme, which deals with savings within other targets and aims to raise the proportion of family savings from its total income from 6% to 10% through an ambitious home and responsible citizen. For his part, the Deputy Executive Chairman of the Bank of Development, H.E. Professor Ibrahim Ben Suleiman, stated that the Development Bank was fundamentally and vitally contributing to the promotion and development of a culture of savings and financial resource development by spreading an integrated culture of sound banking awareness, acting in accordance with the Kingdom ' s 2030 vision targets for the banking sector in general and the savings in particular, and supporting one of the pillars of the Financial Sector Development Programme 2020, namely, " Strengthening and Empowerment of Financial Planning " . It should be noted that the Social Development Bank is a member of the National Savings Committee chaired by the Saudi Arabian Monetary Foundation, which promotes savings, develops savings for individuals, including those with low incomes, promotes savings initiatives tailored to all segments of society and disseminates a culture of savings and financial planning among individuals
The Bank for Social Development signed a joint cooperation agreement with the adoption of a financial portfolio with the associations of King Abdulaziz Batbuk, and the Charitable Bar Association, with Wednesday 15 Ramadan 1439H, 30 May 2018m, at the headquarters of the effective yield tent at the International Sports Centre for Conferences and Exhibits.
On Tuesday, 14 Ramadan 1439, the Bank for Social Development signed the Convention on Trade Excellence with Meade Food Retail and Frose for the Sale of ice cream and ice cream.
Among the conventions signed in the effectiveness of Azrat, and in order to promote and build strategic partnerships with the vital sectors of the Kingdom
Last Modified Date 06/05/2026 - 2:04 AM Saudi Time
