Al Salam Bank recently announced the launch of its latest retail campaign, Salary Transfer, encouraging clients to transfer their accounts from the current bank in which their salary is deposited to a Savings Account at Al Salam Bank using the Bank’s mobile application for the chance to win an extra month’s salary of up to BD 1,500, as well as benefit from a number of exclusive benefits.
Category Archives: Press Release
Al Salam Bank, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.
Al Salam Bank has signed a joint agreement with Eskan Bank to offer facilitated financing solutions to end users as part of the new housing schemes offered by the Ministry of Housing and Urban Planning. This latest initiative aims to support the National development strategy and the United Nations Sustainable Development Goals (SDGs) as part of the Economic Vision 2030.
Al Salam Bank announced the launch of its exclusive scheme catering to the youth aged between 10 to below 18 years old, enabling them to open a Savings or Danat Savings account and benefit from the various digital services provided through the Bank’s mobile application including the Fils Challenge,
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Al Salam Bank has successfully concluded its 16th annual Summer Internship Program which targets fresh university graduates. This program was initially launched as part of the Bank’s ESG framework, which comes in line with the UN Sustainable Development Goals (SDGs), specifically SDG 4 for Quality Education and SDG 8 for Decent Work and Economic Growth.
Al Salam Bank has launched its latest promotional campaign for its Visa credit and prepaid card holders, which will commence on the 14th of August to 21st of September, 2022.
Al Salam Bank (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) announced today net profit attributable to the shareholders of BD 7 million (US$ 18.6 million) for the second quarter of 2022, compared to BD 4.6 million (US$ 12.1 million) for the same period in 2021, reflecting a robust increase of 53%, primarily driven by an increase in core activities.
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Al Salam Bank, in collaboration with 10xDS (Exponential Digital Solutions), has successfully implemented Robotic Process Automation (RPA) solution on Blocked and Unblocked Accounts (BUB) within its compliance framework.
Al Salam Bank was recently awarded as the Kingdom of Bahrain’s ‘Best Bank for Corporate Banking’ by Euromoney Awards for Excellence 2022. The award is one of the financial sector’s most esteemed accolades regionally and internationally, recognizing the Bank’s excellence in providing for integrated banking services.
The Bahrain Institute of Banking and Finance (BIBF), the region’s premier training and development provider, has launched the Islamic Finance Practical Handbook in collaboration with Al Salam Bank, one of the leading Islamic financial institutions in the region.