Al Salam Bank announced the launch of its exclusive scheme catering to the youth aged between 10 to below 18 years old, enabling them to open a Savings or Danat Savings account and benefit from the various digital services provided through the Bank’s mobile application including the Fils Challenge,
Author Archives: Al Salam Bank
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Al Salam Bank has successfully concluded its 16th annual Summer Internship Program which targets fresh university graduates. This program was initially launched as part of the Bank’s ESG framework, which comes in line with the UN Sustainable Development Goals (SDGs), specifically SDG 4 for Quality Education and SDG 8 for Decent Work and Economic Growth.
Al Salam Bank has launched its latest promotional campaign for its Visa credit and prepaid card holders, which will commence on the 14th of August to 21st of September, 2022.
Al Salam Bank (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) announced today net profit attributable to the shareholders of BD 7 million (US$ 18.6 million) for the second quarter of 2022, compared to BD 4.6 million (US$ 12.1 million) for the same period in 2021, reflecting a robust increase of 53%, primarily driven by an increase in core activities.
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Al Salam Bank, in collaboration with 10xDS (Exponential Digital Solutions), has successfully implemented Robotic Process Automation (RPA) solution on Blocked and Unblocked Accounts (BUB) within its compliance framework.
Al Salam Bank was recently awarded as the Kingdom of Bahrain’s ‘Best Bank for Corporate Banking’ by Euromoney Awards for Excellence 2022. The award is one of the financial sector’s most esteemed accolades regionally and internationally, recognizing the Bank’s excellence in providing for integrated banking services.
The Bahrain Institute of Banking and Finance (BIBF), the region’s premier training and development provider, has launched the Islamic Finance Practical Handbook in collaboration with Al Salam Bank, one of the leading Islamic financial institutions in the region.
For the second year in a row, Al Salam Bank sponsored the ‘Outstanding Achievement Graduate Award’ at the Bahrain Institute of Banking and Finance’s (BIBF) ceremony which celebrated the
Al Salam Bank opened its newest branch on the 13th of June at Al Sayah Square in Busaiteen, marking the Bank’s fourth paperless and fully automated branch in the Kingdom. The opening ceremony was attended by H. E. Shaikh Khalid bin Mustahail Al Mashani, Chairman of the Board of Directors at Al Salam Bank, alongside several members from Al Salam Bank’s Board of Directors and executive management team.
Al Salam Bank’s Group CEO, Mr. Rafik Nayed, visited the Bank’s new library in the Bahrain Institute for Banking and Finance (BIBF) headquarters, Bahrain Bay, which was inaugurated under the name “Al Salam Bank Library” in the presence of representatives from the bank and the institute..