SNB Capital launches “Idikhari Program” digital robo advisory

SNB Capital launches “Idikhari Program” digital robo advisory

- Supports the Kingdom’s Vision 2030, Financial Sector Development Program’s (FSDP)

- Investment-driven savings digital program expanding robo-advisory services

Riyadh, KSA: SNB Capital today announced the launch of “Idikhari” during the Saudi Capital Market Forum. “Idikhari” is an innovative investment porgram that aims to promote financial planning across the Kingdom by enabling the public in achieving personal saving and investment targets.

The technologically enabled and passively managed program will serve as an extension to SNB Capital’s growing digital offering focused on driving financial inclusion and access to investing in Saudi Arabia. Idikhari is part of SNB Capital’s commitment to support Saudi Arabia’s Vision 2030, Financial Sector Development Program’s (FSDP) goals of increasing the national household savings rate from 6% to 10% by 2030.

Mohammed Al Saggaf, Head of Wealth Management at SNB Capital, said: “As a leading financial institution across Saudi Arabia, we are committed to driving innovation and contributing through our products and services to creating sustainable wealth.”

“Furthermore, this program will offer our clients a unique opportunity to access a best-in-class product that supports financial planning and inclusion. With financial services at the fore front, SNB Capital looks forward to leading the growth of fintech and the digital economy across the country.”

The robo-advisory