Al Salam Bank has announced the launch of its latest promotional campaign for credit cards issued digitally through its app. The campaign, running from 3 November to 31 December 2024, reinforces the Bank’s commitment to delivering innovative banking solutions that utilize advanced technology to provide a seamless and efficient client experience.
Author Archives: Al Salam Bank
Al Salam Bank has announced the launch of its latest promotional campaign for credit cards issued digitally through its app. The campaign, running from 3 November to 31 December 2024, reinforces the Bank’s commitment to delivering innovative banking solutions that utilize advanced technology to provide a seamless and efficient client experience
Al Salam Bank recently organized a significant health initiative aimed at raising awareness about the early detection of breast cancer among its female employees. Held in collaboration with the London Mobile Breast Cancer Screening Clinic, this initiative reinforces the Bank’s commitment to the health and well-being of its staff by fostering a work environment that prioritizes regular health check-ups.
As part of its suite of Al Salam Takaful products, Al Salam Bank has launched an enhanced Third-Party Motor insurance coverage, known as “Al Salam Third-Party Takaful Added Benefits”. This new offering brings a range of benefits from the comprehensive motor insurance. This step follows the successful launch of the Bank’s Multi-Year Motor Takaful Insurance product in partnership with Solidarity Bahrain, one of the largest insurance companies in the Kingdom of Bahrain.
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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.
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.