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.
Category Archives: Press Release
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.
Al Salam Bank recently sponsored the renovation of Al Salam Learning Center at the University of Bahrain’s College of Business Administration, which will be equipped with the latest smart board technology. The sponsorship is an extension of the Bank’s commitment to supporting key educational initiatives to enhance the financial and social wellbeing of its community as part of its environmental, social, and governance (ESG) framework.
Al Salam Bank has announced a number of ESG initiatives focused on supporting education, health and women empowerment in Bahrain. The move is part of the Bank’s ongoing efforts to support the financial and social wellbeing of the community as well as the Kingdom’s Economic Vision 2030 and the United Nations’ Sustainable Development Goals (SDGs).
Al Salam Bank recently announced the signing of an exclusive partnership agreement with Visa, renewing its collaboration with the global payments technology company. This follows Al Salam Bank’s acquisition of select assets from Ithmaar Holding, including the consumer banking business of its wholly-owned subsidiary, Ithmaar Bank.
Al Salam Bank has unveiled a nationwide campaign under the theme of ‘Inspired to Grow’, celebrating the Bank’s new chapter of accelerated growth. Inspired by the Bank’s commitment to support the social and financial wellbeing of the local community, as well as its Environmental, Social and Governance (ESG) obligations, the campaign aims to engage the entire community in a tree-planting initiative for a greener Bahrain.