Al Salam Bank-Bahrain B.S.C. (“Al Salam Bank”) (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) has signed a memorandum of understanding and entered into discussions with Ithmaar Holding B.S.C. (“Ithmaar Holding”) (Bahrain Bourse and Dubai Financial Market Trading Code “ITHMR”), the parent of Ithmaar Bank B.S.C.(c), for the potential acquisition by Al Salam Bank of a group of assets from Ithmaar Holding’s group of companies.
Author Archives: Al Salam Bank
Al Salam Bank recently held a graduation ceremony to celebrate the collective achievements of its first batch of employees that successfully completed the Bank’s Executive Capacity Building program, which was held in the presence of the Bank’s executive management and key delegates from the Bahrain Institute of Banking and Finance (BIBF). This step comes as part of the Bank’s ongoing commitment to develop Bahraini competencies under the umbrella of its newly launched DNA under the guiding principle “We Inspire Our People”. The final part of the Program was conducted aboard in London, United Kingdom, which comprised field visits to the London Stock Exchange, lectures at Bayes Business School, and executive training sessions led by Grant Thornton Global Accounting and Consulting.
Press Release
Al Salam Bank Launches a New Financing Campaign Rewarding Clients with a Chance to Win a “Tesla”
21
Sep
Sep
In line with the launch of the Bank’s new vision, Al Salam Bank announced the launch of its new financing campaign, which will provide clients with the opportunity to win a Tesla car when applying for financing between 19 September 2021 and 19 February 2022. Clients who apply for financing during the campaign period will also receive double their loyalty reward points. With a total of six chances to enter the draw deepening on the date of application, the earlier in the campaign period clients are booked for financing, the higher their chances of winning.
20
Sep
Sep
Al Salam Bank recently held an exclusive key-note event at the glittering Bahrain National Theatre, one of the largest theatres in the Arab world, which has emerged as an architectural landmark that embodies the artistic and cultural dynamism of the Kingdom. The event was held in celebration of the Bank’s newly launched Brand DNA, in the presence of the Bank’s Board of Directors and Executive Management, attended by the Bank’s employees, which were seated socially distanced as an added precautionary measure.
20
Sep
Sep
Al Salam Bank’s CSR platform, “Helping Hands”, aligns with the Bank’s new vision Collaboration with artist Abbas Al-Mosawi for the first CSR initiative “Helping Hands” The Bank will donate BD1 to the Royal Humanitarian Foundation for every participation Al Salam Bank announced the launch of its CSR platform “Helping Hands” and its collaboration with artist, […]
10
Sep
Sep
Al Salam Bank announced the launch of a new promotional campaign entitled “Back to School” for its “Al Salam Life Planning” account, which offers the ideal option to save for future education expenses, giving one winner the opportunity to win tuition fees for one year.
30
Aug
Aug
The campaign aims to reward parents using Al Salam credit and prepaid cards for payment of school fees 200 winners will receive 3% discount on school fees Al Salam Bank recently announced the launch of its second campaign exclusively dedicated to its credit card and prepaid cardholders. The campaign, which kicked off on the 26th […]
11
Aug
Aug
Al Salam Bank corporate banking online platform is developed fully by the Bank’s innovation team of young Bahraini nationals. The corporate online banking platform streamlines business financial transactions through an easy-to-use digital interface. Al Salam bank announces the launch of its corporate banking online platform, allowing corporate clients to process their daily financial transactions online […]
08
Aug
Aug
Al Salam Bank (“Al Salam Bank” or the “Bank”) (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) reported net profit attributable to shareholders of BD 4.6 million (US$ 12.1 million ) in the second quarter of 2021 similar to its corresponding period in
06
Aug
Aug
Al Salam Bank announced the launch of its summer campaign for its credit and prepaid card holders, in which 40 winners each month with the highest number of transactions made locally or outside of Bahrain, in-store or online; will be chosen to win cashback of up to 300% on all their spends, alongside exclusive prizes of BD 100 for online spends.