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.
Author Archives: Al Salam Bank
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..
Al Salam Bank announced the launch of its employee training program entitled “Al Salam Bahrain Financial Learning Academy”. In partnership with various prestigious financial institutions in Sudan, and under the guidance of the Bahrain Institute of Banking and Finance (BIBF), the program will encompass 21 courses and 44 sessions set to take place from the middle of May 2022 to the end of August 2022 through Microsoft Teams.
Al Salam Invest, an investment platform fully integrated within Al Salam Bank’s mobile application is now available to Private Banking and Al Ruwad
Al Salam Bank (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) announced today net profits attributable to shareholders of BD 6.5 million (US$ 17.3 million) for the first quarter of 2022, compared to BD 6.1 million (US$ 16.1 million) for the same period in 2021, reflecting a robust increase of 7%. The increase reflects an overall improvement in macroeconomic conditions.
Press Release
Al Salam Bank Hands Over the Largest Number of Villas in Deerat Al Oyoun’s Final Phase in record time
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Al Salam Bank recently announced the successful handover of the largest number of villas within the final phase of Deerat Al Oyoun, located in Diyar Al Muharraq.
Al Salam Bank recently launched a new line of corporate cards specifically designed to cater to the needs of corporate entities and Micro, Small Medium Enterprises (MSME) across the Kingdom of Bahrain. The cards can be used through the Bank’s self-service portal, enabling clients to issue and manage card limits without having to visit a branch.