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Nayifat Finance Company announces the launch of its new strategic plan (2025-2030)
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| Announcement Detail | Nayifat Finance Co. is pleased to announce the launch of its new five-year strategy (Till 2030), which aims to strengthen its leading position in the financing sector and actively contribute to the realization of Saudi Vision 2030. This will be achieved by enabling individuals and small and medium enterprises (SMEs) to access innovative financial solutions easily and efficiently. The new strategy focuses on enhancing sustainability and driving growth through six key strategic objectives: 1- Achieve Sustainable Portfolio Growth: Expand financing products targeting individuals and SMEs to deliver stable and sustainable returns for shareholders. 2- Strengthen Market Share and Competitiveness: Broaden the company's customer base by reaching new market segments and developing innovative financial products and services that meet evolving market needs, enhancing competitiveness and market positioning now and in the future. 3- Accelerate Digital Transformation and Adapt to Technological Trends: Drive investment in digital transformation and adopt cutting-edge fintech solutions to deliver advanced digital products and improve customer experience. 4- Enhance and Elevate Operational Efficiency: Improve internal efficiency and streamline operational processes across business sectors to support sustainable future growth. 5- Achieve Sustainable Financial Performance: Stimulate sustainable profit margins by enhancing risk-based financing and improving credit quality, while maintaining competitiveness and supporting future growth. 6- Empower and Develop Human Capital: Foster a high-performance corporate culture and provide an attractive work environment that empowers national talent to innovate and excel, making Nayifat a “great place to work.”. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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