NCB sponsors the Riyadh Economic Forum

Chairman of Board of the National Commercial Bank Abdullah Bahamdan stated that the bank's sponsorship of the Fourth Riyadh Economic Forum reflects the importance of the event and the record of success it had achieved since its inception and during the previous three sessions which realized a privileged position in the economic scene in the kingdom that attracted high caliber visionaries in the areas of strategic planning and development.

Bahamdan pointed out that the patronage of The Custodian of the Two Holy Mosques, the Chairman of the Supreme Economic Council, King Abdullah bin Abdul Aziz comes in line with the strategic direction of the Kingdom and coheres with the efforts of structural reforms which require continuity in developing and upgrading mechanisms that support economic performance and efficiency, which in turn contribute to achieving sustainable development.

Bahamdan added that the bank's sponsorship aims to continue to encourage important economic activities that lay the ground for constructive economic discussions and stimulate economic growth in the various components of the Saudi economy including industrial, commercial, investment and banking services.

On his part, Abdulkareem Abu Alnasr, NCB's Chief Executive Officer, emphasized the bank's role in the Saudi economy and its keenness to support economic events such as the Riyadh Economic Forum which addresses key economic issues facing the economy of Saudi Arabia and approach them with scientific methodologies and strongly entrenched principles aiming at supporting total development of the kingdom's economy.

Abu Alnasr explained that among the key objectives that the bank sees in supporting such economic events is to promote economic awareness in the community and facilitate synergy and constructive dialogues between the different sectors and in the society and thus inspire a refreshed vision and arrive at creative solutions to current and future economic challenges.