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 4 million in the fourth quarter of 2019 compared to BD 5 million in the fourth quarter of 2018, a variance of 20% and a
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The three- and four-bedroom luxury villas in Saar are ready to move into Dari Property Finance Scheme is available to all customers including Bahrainis eligible for Mazaya social housing Financing options available with down payments as low as BD 500 Al Salam Bank, the
Customers applying for Tayseer Personal Finance stand a chance to win back their financed amount Dari Property Financing features competitive profit rates in addition to a chance to win home furnishing Existing customers applying for top up financing facilities are also eligible to win
A delegation from Al Salam Bank (“ASBB”) headed by Group CEO Rafik Nayed met with the President of the Republic of Seychelles, His Excellency Danny Faure, during his first state visit to the Kingdom of Bahrain. They discussed the ongoing progress at Al Salam Bank-Seychelles (“ASBS”), a
The new branch replaces the previous Mashtan branch with a larger, more strategic location. The branch offers 24-hour eBanking services and a drive-through ATM. Bahrain National Football Team members awarded the first 24 Danat Savings Accounts at the new branch, including a BD1,000
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Al Salam Bank supports OMP Racing S.p.A. in the acquisition of Bell Racing Helmets Group
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Dec
Dec
Al Salam Bank (“Al Salam Bank”) announced its support to OMP Racing S.p.A. (“OMP”), the world’s leading motorsport safety equipment company, in its acquisition of Bell Racing Helmets International (“Bell Helmets”), the world’s top manufacturer of head protection for Formula 1 and motorsport
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Al Salam Bank and MSA Capital (China) to Launch $50 million MEC Ventures Positioning Bahrain as MENA’s Gateway to the Digital Silk Road
26
Nov
Nov
Al Salam Bank (“ASBB”) has partnered with China-based MSA Capital (“MSA”) to launch Al Salam-MSA Bahrain Fund I, I.L.P. (“MEC Ventures”), a US$50 million venture capital fund which will target investment opportunities that put innovative Chinese technologies and business models to work
Net Profit Attributable to Shareholders Jumps 27% to BD 17.2 million (US$45.7 Million) for the 9 Months ended 30 September 2019 Al Salam Bank reported strong performance in the third quarter of 2019, with net profit attributable to shareholders increasing by 19%, from BD 4.1 million (US$
Al Salam Bank, the pioneering Shari’a-compliant bank in the Kingdom, held a children cancer awareness drive throughout the month of September, concluding it with a two-day awareness session in cooperation with the ‘Smile’ initiative of the Future Youth Association. The event kicked off at the Bank’s headquarters with a lecture by Dr. Amal Dawood from the Health Promotion Department at the Ministry of Health, who spoke to staff about childhood cancer and its initial signs.
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Oct
Oct
Al Salam Bank, the pioneering Shari’a-compliant bank in the Kingdom of Bahrain, announced the launch of its new Wakala Jawhar savings scheme, an innovative savings solution dedicated to children’s education; offering competitive expected profit rates with exceptional Takaful