Author Archives: Al Salam Bank

​Al Salam Bank has successfully concluded the 18th edition of its annual summer internship program. The two-month program welcomed 28 graduates from prestigious local and international universities, with the aim of equipping them with valuable experiences and mentorship opportunities to support their future careers.

​Al Salam Bank recently welcomed a group of participants from the Ithra program, an initiative launched by AlMabarrah AlKhalifia Foundation (MKF). The educational visit aimed to familiarize the young trainees with the latest industry practices and the Bank’s day-to-day operations.

​Al Salam Bank has announced the launch of its new Youth debit card with the latest innovative features. Cardholders will enjoy exceptional benefits including a trendy design and a number of exclusive discounts and offers across several sectors such as, restaurants, cafés, fitness, and more. This step reflects the Bank’s efforts to encourage financial independence amongst youth and solidify its leading position in the Kingdom’s banking industry.

Al Salam Bank (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) announced today net profit attributable to shareholders of BD 14.3 million (US$ 37.9 million) for the second quarter of 2024, recording a substantial increase of 39.0% compared to BD 10.3 million (US$ 27.3 million) in the corresponding period in 2023.

Al Salam Bank has announced its participation in Youth City 2030 with a training session catering to young participants between the ages of 9 to 14. This initiative underscores the Bank’s commitment to empowering youth and enhancing their financial literacy, as well as its resilient strides to becoming the preferred bank to meet their banking needs.

In collaboration with Solidarity Bahrain, Al Salam Bank has recently launched a new and exclusive multi-year motor Takaful insurance product for the first time in the Kingdom of Bahrain as part of Al Salam Takaful. The new offering falls under the Bank’s ongoing partnership with Solidarity Bahrain, showcasing

Al Salam Bank has launched a campaign for clients looking to apply for a new digital personal finance through the mobile application. From 1 July to 31 August 2024, applicants will receive cash back worth BD 100 once their application is approved and implemented.

Al Salam Bank has launched the biggest summer card campaign for its Visa Credit and Multi-Currency Prepaid cardholders, giving 80 clients the chance to win cashback on all types of purchases from 1 July to 31 August 2024. The campaign follows the Bank’s latest exclusive offer aimed at rewarding clients for their transactions.

Following the completion of the acquisition of Kuwait Finance House – Bahrain (KFH – Bahrain), Al Salam Bank, announced the amalgamation of the Danat and Libshara schemes to form a combined savings scheme to provide the largest and biggest prizes in Bahrain, effective from 1 July 2024. This step aims to reinforce the Bank’s industry position by offering the largest and highest number of prizes in the Kingdom.