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Warba Bank announced holding a training course for its Al Safwa and Al Safwa Plus clients titled "How to start investing in gold" to spread the culture of investing in gold, in cooperation with the Bank's strategic partner, Dar Al Sabeek.
The course, presented by distinguished experts in the field of gold, focused on the political fluctuations that require investing in gold and the movement of its prices up and down, especially the 24-karat gold bars provided by Warba Bank, whether the Emirati or Swiss, which are considered the best of their kind in the field of investment in gold. The course also focused on the digitally flexible way to buy, sell and store physical gold through the Warba Bank application.
Dar Al-Sabaek presented symbolic gifts to Warba Bank clients, which consisted of a gram of gold for each client, in addition to other valuable gifts. Warba Bank invited its Al Safwa and Al Safwa Plus clients to dinner after the course at the Grand Hyatt 360 Hotel.
In his comment, Abdullah Nasser Al-Shuail - Senior Director of the Branches and Private Banking Services said that the course was very useful to all clients, and it was of full benefit to them, this confirms that Warba Bank is keen to spread the culture of awareness, means of comfort and safety, and to provide and keep abreast of all that is new locally and internationally for all its clients, especially Al Safwa and Al Safwa Plus clients.
Al-Shuail explained that the “gold account” of Warba Bank is an investment account that allows the client to buy and sell the finest types of gold provided by Swiss and Emirati companies (24 karat with a purity of 999.9). Opening an account and controlling it is easier than ever before through the Warba Bank application in partnership with Dar Al Sabaek Group in Warba Bank. The account is distinguished by its investment nature, and clients can buy and sell gold bars directly through the Warba application online, and the prices are announced daily and with an immediate update, noting that Warba Bank has recently concluded a promotional campaign directed to all Warba Bank clients, which included providing discounts for the Bank’s commission on all gold buying and selling operations to be 100 Fils for every gram of gold.
Al-Shuail stressed that the "Gold Account" is very popular among clients due to its advantages and the easy dealing. He encouraged many segments to deal with gold with a new vision as an important source for preserving value and investing at the same time, as many tend to keep gold as an investment or to preserve value and protect against fluctuations in prices and markets, It is also a quick source of liquidity when needed.
Al-Shuail stated that gold always remains the best and safest investment, which value increases with time and it is the best gift that everyone is keen to acquire and give to their beloved once.
He concluded his statement saying that Warba Bank launched the Gold account years ago to enhance its role in creating new products and diversifying investment opportunities for clients, while expanding its market share in the retail market and individual services.
Warba Bank is one of the banks that achieved great successes during a short period, as it occupied a leading position in the field of Islamic digital banking services for individuals, and it is one of the largest local banks in the number of shareholders, and these are among the most important elements that make the Bank close to all members of society, in addition, Warba Bank is among the 50 largest banks in the Middle East in terms of market value for the year 2023- Forbes Middle East classification.
