Al Salam Bank, the Kingdom’s largest Islamic Bank, has recently been recognized as the “Strongest Islamic Bank in Bahrain” by The Asian Banker. This prestigious ranking underscores the Bank’s record-breaking achievements as the fastest growing bank in the Kingdom, driven by its commitment to client-centricity and ongoing strategic development.
Over the years, Al Salam Bank has achieved significant growth through strategic mergers and acquisitions (M&A), including the merger with Bahraini Saudi Bank (BSB) in 2011, the acquisition of BMI Bank in 2014, and the acquisition of Ithmaar Bank’s Consumer Banking Business and selected assets from Ithmaar Holding B.S.C. in 2022. These remarkable endeavors have served as key drivers for the Bank’s continuous path for growth, while also cementing its position in the local and regional industry.
Through its digitally-native approach, Al Salam Bank ensures its clients are provided with an unparalleled banking experience through cutting-edge technology and data-driven insights. This approach is reflected in the seamless delivery of innovative Shari’a-compliant financial products and services across the Bank’s extensive network of branches, ATMs, Self-Service Kiosks, and a top-rated mobile banking application.
Al Salam Bank is honored to be named this year’s ‘Strongest Islamic Bank in Bahrain’ by The Asian Banker. This prestigious recognition reaffirms the Bank’s commitment to investing in growth opportunities, which remains a core element of its brand identity and strategy. Through pioneering initiatives and strategic prowess, Al Salam Bank has solidified its position as the largest and fastest-growing Islamic bank in Bahrain, exemplifying its resilient development journey.
Al Salam Bank has embedded client-centricity as a key focus in achieving its brand promise to nurture relationships by enriching experiences. As such, the Bank delivers personalized, exceptional services to its client base, emphasizing an unwavering dedication to continuous innovation and client satisfaction.
