Al Salam Bank has recently been awarded two prestigious accolades for its mobile banking application, recognized for “Best Mobile Banking Services Bahrain 2023” by the International Business Magazine Awards 2023 and “Most Innovative Mobile Application – Banking – Bahrain 2023” by the International Finance Awards 2023. These awards reflect the Bank’s comprehensive digital strategy and forward-thinking approach.
Category Archives: Press Release
Al Salam Bank has partnered with Bahrain Polytechnic to host an “Artificial Intelligence (AI) Bootcamp” for final year students and graduates. The two-day event will provide students with the opportunity to showcase their skills, creativity and innovation to design business branding campaigns using AI.
09
Oct
Oct
Al Salam Bank has been named the ‘MENA Retail Bank of the Year’ for 2023, recognizing the Bank as one of the region’s leading financial institutions. The Award highlights the Bank’s dedication to clients, innovative ‘digital-first’ approach, and continued commitment to sustainable banking.
18
Sep
Sep
Al Salam Bank announced the launch of the second edition of its Retail Academy on 7 September 2023, at the Knowlege Center located at the Bank’s headquarters. The Academy is designed to equip employees with the essential skills and knowledge required to deliver exceptional client service across all facets of retail banking.
Press Release
In Collaboration with Bahrain Bourse as ‘Conference Partner’ Al Salam Bank “Silver Sponsor” of the Middle East Investor Relations Association “MEIRA” 2023 Annual Conference in Bahrain
07
Sep
Sep
Al Salam Bank has announced its Silver Sponsorship of the Middle East Investor Relations Association ‘MEIRA’ 2023 Annual Conference, the largest Investors Relations event in the Middle East and South Africa. The conference, organized by Bahrain Bourse and held under the patronage of the Central Bank of Bahrain, will be held at the Ritz Carlton Hotel Bahrain on the 13th of November, 2023.
15
Aug
Aug
Al Salam Bank has launched the 17th edition of its annual summer internship program for graduates. The two-month program welcomes 29 students from various reputable local and international universities, providing them with practical experience and mentorship opportunities to support their future careers.
Al Salam Bank (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) announced today net profits attributable to shareholders of BD 10.28 million (USD 27.26 million) in the second quarter of 2023 compared to BD 7 million (USD 18.58 million) in the same quarter in 2022, reflecting a robust increase of 47%. The significant increase in profitability was predominantly driven by the growth in core banking activities and additional earnings derived from key strategic initiatives including uplifts from the assets acquired from Ithmaar
Al Salam Bank has successfully concluded its ‘Inspired to Grow’ initiative, which involved planting 7,000 trees across Bahrain and distributing plants to more than 13,000 people in the Kingdom.
Al Salam Bank has launched its newest ATM service enabling clients to use their identification cards to complete their banking transactions. Through the new service, clients can view their account balance and withdraw twice a day up to BD 1,000 without the use of their ATM card.
25
Jun
Jun
Al Salam Bank announces its sponsorship of an auditorium at the newly developed INJAZ Bahrain Academy headquarters. The Bank has granted BD 25,000 for the 50 square meter space, which will accommodate up to 30 people. This initiative comes as part of Al Salam Bank’s social responsibility platform, “Helping Hands”, established to aid homegrown institutions in support of social causes.