Following the success of last year’s campaigmon, Al Salam Bank announced the launch of its new multi-currency prepaid Visa card campaign. The revamped initiative will enable one winner to receive a cash prize of BD 1,000 from monthly draws held throughout the campaign period from the 5th of February to the 31st of December 2023.
Category Archives: Press Release
Al Salam Bank announced the launch of its latest app feature, Advanced Salary”, enabling clients who receive their salaries through the Bank 15 days in advance. New clients can also take advantage of this service when transferring their salaries to Al Salam Bank.
Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) reported a net profit attributable to shareholders of BD 11.3 million (US$ 30.0 million) in the fourth quarter of 2022, compared to BD 5.1 million (US$ 13.6 million) in the fourth quarter of 2021, reflecting an increase of 120%.
Al Salam Bank has recently launched two intensive programs that aim to instill a spirit of collaboration and foster improved communication across its teams to enhance cultural integration. Developed in collaboration with Investment for Knowledge Management and
Al Salam Bank has achieved a significant milestone with it’s recent award of ‘Best Retail Bank in Bahrain’ at the MEA Finance Awards – 2022. The Bank was recognized amongst the region’s leading financing institutions, for its digital transformation achievements, particularly within its Retail Banking division.
Al Salam Bank announced the launch of its new Danat Savings scheme offering valuable cash prizes hailed among one of the the largest in the Kingdom. This year, the revamped scheme offers lucrative rewards marking the Bank’s growth and the merger of Danat and Thimaar saving schemes.
Danat Savings Scheme stands out in 2023 for its impressive,
Press Release
Al Salam Bank announces the winners of the grand prizes for the Danat and Thimaar Saving Schemes for the year 2022
19
Jan
Jan
Al Salam Bank has announced the winners of the grand prizes for the Danat and Thimaar schemes for the year 2022. The prizes were handed out recently at “Al Salam Zone” in the City Center Bahrain, where Mr. Mohammed Abdullah Ibrahim Jameel received the grand prize of the Danat savings account worth 10KG of gold. Additionally, Mr. Khalid Ahmed Abdullah won a BD100,000 quarterly grand cash prize for the Thimaar account.
With its commitment to contributing to educational development, Al Salam Bank has sponsored scholarships for five high school graduates with outstanding academic records in collaboration with the American University of Bahrain, the Kingdom’s first comprehensive, purpose-built, American-model co-educational university.
Al Salam Bank recently received a delegation of high school students from Al-Iman Schools at the Bank’s headquarters. During the visit, the students were introduced to the basics of Islamic banking,
Al Salam Bank recently launched “Al Salam Zone” at City Centre Bahrain, offering Ithmaar Bank retail clients, the opportunity to ask questions and learn more about Al Salam Bank’s integration roadmap. Located on the mall’s first floor until 28 February 2023, the Zone will feature an Integration Hub to help ensure a seamless transition for Ithmaar’s retail clients migrating to Al Salam Bank. It will also provide visitors with free entry to inspirational experiences associated with the Bank’s “Inspired to Grow” campaign.