NBK Cap­i­tal holds Smart Wealth Fo­rum

Kuwait Times - - Business -

KUWAIT: NBK Cap­i­tal re­cently or­ga­nized a Smart Wealth Fo­rum for Smart Wealth Man­age­ment in co­op­er­a­tion with Kuwait Eco­nomic So­ci­ety. Key speak­ers in the field of fi­nan­cial in­vest­ment pre­sented best prac­tices on fi­nan­cial ser­vices, sus­tain­abil­ity, per­sonal plan­ning and in­no­va­tion in fi­nan­cial tech­nol­ogy and in­vest­ment solutions for mid­dle-in­come in­di­vid­u­als.

The fo­rum was held with the par­tic­i­pa­tion of NBK Group Deputy CEO and Chair­man of NBK Cap­i­tal Sheikha Al-Ba­har, NBK Cap­i­tal CEO Faisal Al-Ha­mad, NBK Cap­i­tal’s Fi­nan­cial Tech­nol­ogy Sec­tor Vice Pres­i­dent Fahd Al-Rasheed Al-Bader, head of the ac­cred­ited fi­nan­cial an­a­lysts so­ci­ety Mu­jibal Al-Qat­tan, Sec­re­tary of the Kuwait Eco­nomic So­ci­ety Muhan­nad Al-Sane, Ad­min­is­tra­tive Part­ner of Sirdab Lab Mona Al-Mukhaizeem, Pres­i­dent of the Global Re­search In­sti­tute at Deutsche As­set Man­age­ment Stu­art Kirk.

“The ob­jec­tive of this fo­rum is to pro­vide all the per­spec­tives for sound plan­ning in fi­nan­cial in­vest­ment and cre­ate so­phis­ti­cated in­vest­ment ser­vices and plans that will meet the needs of our clients,” said Ba­har. “We are com­mit­ted to con­tin­u­ing to im­prove fi­nan­cial ser­vices for our cus­tomers and to make progress in pro­vid­ing prod­ucts and ser­vices that meet the needs and needs of our cus­tomers,” she added.

Ha­mad called for ed­u­cat­ing in­vestors, es­pe­cially in the cur­rent cir­cum­stances, tak­ing into con­sid­er­a­tion that fi­nan­cial mar­kets are not based on chance, con­fu­sion and ran­dom es­ti­mates, but on study, knowl­edge and eco­nomic tools that en­able in­vestors to make suc­cess­ful in­vest­ment de­ci­sions with pos­i­tive re­sults.

Qat­tan stressed the need to de­velop in­vest­ment tools of­fered in the mar­ket to suit the needs of the mid­dle-in­come seg­ment of the so­ci­ety in or­der to in­crease their par­tic­i­pa­tion in the mar­ket, tak­ing into ac­count the im­por­tance of ed­u­cat­ing in­vestors on how to choose in­vest­ment prod­ucts suit­able for their ob­jec­tives, liq­uid­ity and abil­ity to take risks.

Mean­while, Sane said the chal­lenges fac­ing the Kuwaiti econ­omy cur­rently re­quire that peo­ple with mid­dle in­come re­view their in­vest­ment meth­ods and ways of sav­ing money through iden­ti­fy­ing their main needs in life and be­ing ed­u­cated on how to choose in­vest­ment prod­ucts suit­able to their needs and not re­ly­ing on tra­di­tional in­vest­ment and sav­ings al­ter­na­tives.

Mukhaizeem said tech­nol­ogy has be­come a ma­jor part of our daily lives. There­fore, there is a need for more at­ten­tion by in­vest­ment com­pa­nies in chang­ing cur­rent meth­ods by de­vel­op­ing the way they deal with their cus­tomers to meet their needs.

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