Bank Albilad launches the second phase of the initiative (the approach to financial awareness and a culture of savings) after the great success that was achieved in the first phase in cooperation with the Saudi Center for Social Responsibility and the support of the relevant authorities, the Ministry of Education, the Ministry of Finance and the Saudi Arabian Monetary Agency. This initiative which aims to spread the culture of savings to improve the quality of living among groups of society, including male and female students and employees to serve one of the most important goals of the Kingdom’s Vision 2030 in financial awareness and savings and raising the level of savings from 6-10%.

Mr. Abdulaziz Al-Anizan, CEO of Bank Albilad, said: “Thanks to God, great success has been achieved in the first phase of the savings initiative, which is the first of its kind in the Kingdom of Saudi Arabia. As a result of that success, the second phase of Bank Albilad was adopted to complete the community’s pioneering role and efforts through which Bank Albilad seeks to implant the concept of saving in our children in various categories and provide them with skills that contribute to improving their financial and economic practices through rehabilitation and training.”

"Bank Albilad has started the second phase of the savings program, which aims to spread the culture of savings among employees in a number of ministries and government agencies participating in the program, which took place through several workshops and training to support and motivate them improve their financial management. This is reflected in the the prosperity of economic growth, increasing productivity and investment, and improving the quality of life. We will continue to strengthen our role in our nation’s vision 2030 in various fields and adopt many initiatives in the savings aspect and introduce many new savings products and services that will contribute to providing more savings opportunities for various customers to help in creating a diversified and stimulating national economic environment,” Al-Anizan added.

It is noteworthy that Bank Albilad pays attention to community service under the umbrella of social responsibility programs #Albilad_Initiative, which exceeds more than 54 programs and initiatives to serve the community, the most prominent of which is the Comprehensive Access Branch (Al Takhassusi Branch in Riyadh) with all the capabilities necessary to serve people with disabilities. This in addition to the launch of the banking sign dictionary to enable people with hearing disabilities to perform their transactions with confidence and ease. Also, the bank’s ATMs around the Kingdom have been adopted for the use of the blind and people with disabilities, through the development of special software and ground guiding paths. Moreover, Bank Albilad provides “Fazkironi” application for smart devices, which has more than two million and five hundred thousand users. The application includes prayer times, Qibla directions, supplications and adhkaar. Bank Albilad also provides many innovative community initiatives that have a sustainable impact on environmental development. Bank Albilad recently launched a qualitative initiative in the field of environment protection by establishing a Solar System in Albilad Tower, distributed over an area of 1743 square meters. This initiative is regarded as one of the largest initiatives to use renewable and sustainable energy to preserve the environment, which significantly assist in supplying Albilad Tower with clean energy that would reduce environmentally harmful carbon emissions and reduce consumption costs.

You can view all CSR programs and initiatives offered by Bank Albilad by visiting #Albilad_Initiative page on Bank Albilad's website www.bankalbilad.comBank.