Al Salam Bank has been honored with the prestigious Elite Quality Recognition Award from J.P. Morgan for the fourth consecutive year. This recognition highlights the Bank’s exceptional performance in optimizing the efficiency of US Dollar payments. The award was presented to Mr. Abdulkarim Turki – Chief Operating Offer of Al Salam Bank, by Mr. Nawaf Humood, Head of Payments– Bahrain at J.P. Morgan, in the presence of the Bank’s senior management and respective team members.
Author Archives: Al Salam Bank
Al Salam Bank has recently introduced its full-fledged digital banking center on Budaiya road on Tuesday, 24 September 2024. The newly renovated digital banking center is equipped with leading digital services, including the Self-Service Kiosk, enabling both individual and corporate clients to open new accounts, issue all card types including Youth cards, and print documents such as IBAN letters and account statements, in addition to instantly updating their data.
Al Salam Bank has successfully concluded the 18th edition of its annual summer internship program. The two-month program welcomed 28 graduates from prestigious local and international universities, with the aim of equipping them with valuable experiences and mentorship opportunities to support their future careers.
Al Salam Bank recently welcomed a group of participants from the Ithra program, an initiative launched by AlMabarrah AlKhalifia Foundation (MKF). The educational visit aimed to familiarize the young trainees with the latest industry practices and the Bank’s day-to-day operations.
Al Salam Bank has announced the launch of its new Youth debit card with the latest innovative features. Cardholders will enjoy exceptional benefits including a trendy design and a number of exclusive discounts and offers across several sectors such as, restaurants, cafés, fitness, and more. This step reflects the Bank’s efforts to encourage financial independence amongst youth and solidify its leading position in the Kingdom’s banking industry.
Al Salam Bank (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) announced today net profit attributable to shareholders of BD 14.3 million (US$ 37.9 million) for the second quarter of 2024, recording a substantial increase of 39.0% compared to BD 10.3 million (US$ 27.3 million) in the corresponding period in 2023.
Al Salam Bank has announced its participation in Youth City 2030 with a training session catering to young participants between the ages of 9 to 14. This initiative underscores the Bank’s commitment to empowering youth and enhancing their financial literacy, as well as its resilient strides to becoming the preferred bank to meet their banking needs.
Press Release
With exclusive real estate financing solutions on Ras Hayan Village and Wahati… Al Salam Bank Signs MOU with Bareeq Al Retaj
05
Aug
Aug
Al Salam Bank has signed a partnership agreement with Bareeq Al Retaj, one of the leading real estate developers in the Kingdom of Bahrain, to deliver real estate financing solutions to clients interested in purchasing a housing unit in Ras Hayan Village or Wahati projects.
In collaboration with Solidarity Bahrain, Al Salam Bank has recently launched a new and exclusive multi-year motor Takaful insurance product for the first time in the Kingdom of Bahrain as part of Al Salam Takaful. The new offering falls under the Bank’s ongoing partnership with Solidarity Bahrain, showcasing
Al Salam Bank has launched a campaign for clients looking to apply for a new digital personal finance through the mobile application. From 1 July to 31 August 2024, applicants will receive cash back worth BD 100 once their application is approved and implemented.