Al Salam Bank has introduced Samsung Wallet to its clients, a new and secure payment method enabling users to engage in contactless payments using their Samsung devices on any POS or payment system. Clients will be able to authenticate each transaction using facial or fingerprint recognition, a PIN code, or One-Time Password.
Author Archives: Al Salam Bank
Uncategorized
Al Salam Bank Joins Bahrain Trade Broadening Reach of its Digital Trading Platform "Al Salam Invest" to Retail Clients
11
Apr
Apr
Al Salam Bank has expanded its digital investment platform, Al Salam Invest, by launching Bahrain Trade as part of its trading services, enabling retail clients to digitally trade in Bahrain Bourse securities online. The launch was marked with a bell ringing ceremony held at Bahrain Bourse, with the attendance of
Al Salam Bank recently welcomed a delegation of 20 high school students from Ibn Khuldoon National School (IKNS) at the Bank’s headquarters. The visit aimed to provide the students with an in-depth look
Al Salam Bank has launched a bundle of offers as part of its new Ramadan campaign. Throughout the Holy Month, Visa credit and prepaid cardholders
Following the success of last year’s campaigmon, Al Salam Bank announced the launch of its new multi-currency prepaid Visa card campaign. The revamped initiative will enable one winner to receive a cash prize of BD 1,000 from monthly draws held throughout the campaign period from the 5th of February to the 31st of December 2023.
Al Salam Bank announced the launch of its latest app feature, Advanced Salary”, enabling clients who receive their salaries through the Bank 15 days in advance. New clients can also take advantage of this service when transferring their salaries to Al Salam Bank.
Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) reported a net profit attributable to shareholders of BD 11.3 million (US$ 30.0 million) in the fourth quarter of 2022, compared to BD 5.1 million (US$ 13.6 million) in the fourth quarter of 2021, reflecting an increase of 120%.
Al Salam Bank has recently launched two intensive programs that aim to instill a spirit of collaboration and foster improved communication across its teams to enhance cultural integration. Developed in collaboration with Investment for Knowledge Management and
Al Salam Bank has achieved a significant milestone with it’s recent award of ‘Best Retail Bank in Bahrain’ at the MEA Finance Awards – 2022. The Bank was recognized amongst the region’s leading financing institutions, for its digital transformation achievements, particularly within its Retail Banking division.
Al Salam Bank announced the launch of its new Danat Savings scheme offering valuable cash prizes hailed among one of the the largest in the Kingdom. This year, the revamped scheme offers lucrative rewards marking the Bank’s growth and the merger of Danat and Thimaar saving schemes.
Danat Savings Scheme stands out in 2023 for its impressive,