From 4 October to 31 December 2020, three Al Salam Bank credit and prepaid card customers will each win cash prizes of US $10,000. A grand prize of half a kilogram of gold is also up for grabs. The three cash prizes will be awarded to the customers who use their cards the most during each
Category Archives: Uncategorized
09
Sep
Sep
Financial development across the Middle East has moved at an impressive pace. This is particularly true for the Gulf Cooperation Council (GCC) countries, all of which are undergoing ambitious economic diversification as part of various Vision 2030 initiatives. However, a recent policy paper from
08
Sep
Sep
This pandemic has forced us to re-think our priorities. From an operational perspective, we have found ourselves focusing on availability, zero-latency and efficiency, while ensuring the offerings that are so important to our clients – value creation, wealth preservation, liquidity and growth – are still available to them.
Uncategorized
Al Salam Bank’s Wakala Account customers enjoy special preferential rates for limited period alongside chance to triple their expected profits
07
Sep
Sep
As part of a special campaign, Al Salam Bank Wakala account customers will enjoy highly preferential profit rates for a limited period Three lucky winners will see their expected profit rates tripled For eligibility, customers must have a minimum of BD 5,000 invested in an Al
19
Aug
Aug
Al Salam Bank (the “Bank”) last week marked the beginning of an exciting new chapter in its ongoing journey towards digitization with the launch of its new mobile banking app. The state-of-the-art app offers customers a full suite of digital banking services including
Uncategorized
Al Salam Bank Reports a Net Profit Attributable to Shareholders of BD 7.1 Million in the First Half of 2020
12
Aug
Aug
Al Salam Bank (“ASBB”) (Bahrain Bourse Trading Code “SALAM”; Dubai Financial Market Trading Code “SALAM_BAH”) reported a net profit attributable to shareholders of BD 7.1 million in the six months ending 30 June 2020 (“H1 2020”), representing a 42% decrease from the BD 12.3 million net
New flagship app combines digital onboarding with full suite of mobile banking features Customers enjoy an elegant, intuitive and fully customizable user experience A range of exciting new features include enhanced, state-of-the-art security and new ‘Family Account’ offering, catering to
Uncategorized
Bahraini student wins a year’s salary of BD 5,000 per month in Al Salam Bank’s Danat Saving Scheme
29
Jul
Jul
Al Salam Bank (Al Salam Bank), a leading Shari’a-compliant Bank in the Kingdom, has named 22 year-old Bahraini student Hussain Ali Al Qarooni as the winner of a year’s salary of BD 5,000 per month. The prize is part of the bank’s Danat Saving Scheme which has been running for 12 years and offers customers the chance to win attractive prizes.
Al Salam Bank (Al Salam Bank) delivered the first residential villa in Deerat Al Oyoun under the Mazaya Scheme in partnership with the Ministry of Housing and Eskan Bank. The Bank’s rapid and flexible financing process enabled the smooth and timely completion of the handover of the new home in record time. The handover was completed in the presence of senior
23
Jul
Jul
The Bahrain Institute of Banking Finance (“BIBF”) has partnered with Al Salam Bank (Al Salam Bank) to hold its forum on disruption in the Human Resources (HR) sector under the patronage of the Central Bank of Bahrain. The event is aimed at keeping the HR and business communities up to