3.54% profit rate distributed by National Bonds for 2009

16.64% Cumulative profit rate over 3 years

National Bonds Corporation PJSC has announced its 2009 annual profit rate of 3.54 % for its bondholders. The Profit Bonds for 2009 will be issued effective 1st January 2010. Over the last three years, NBC’s cumulative profit rate has been 16.64% which is among the highest payout in comparison to any other similar savings schemes in the UAE.

In a reflection of its solid showing in 2009, National Bonds Corporation PJSC registered a 48 % growth in new savings deposits and saw its customer base increase by 8 % to 560,000 bondholders from over 91 different nationalities. The Mudaraba Fund grew to AED 3.7 billion while new business sales of AED 2.5 billion were achieved. Statistics also show repeat purchases rose by 63 % underlining the loyalty, trust and confidence reposed by customers in National Bonds.