Category Archives: Press Release

Al Salam Bank Set to Kick Off its Annual Summer Graduate Internship Program

Al Salam Bank recently announced its summer internship program catered to fresh university graduates for the 15th consecutive year. In this year’s edition of the program, the Bank will welcome 18 students from various local and international universities. The program aims to provide a comprehensive vocational training foundation for graduates to support the successful development of promising future career paths by enabling them to gain extensive experience and learn key skills from across a wide selection of the Bank’s departments.

Through its Digital Application, Al Salam Bank App Al Salam Bank Customers Can Now Issue Danat Cash eGifts Vouchers

Al Salam Bank announces the launch of its one of a kind Danat eGifting service, allowing clients the ability to send cash e-gifts to family and friends either existing accountholder or non-accountholder in the Danat Savings Scheme. The service, which is facilitated through a fully digital process using the bank’s application, gives clients the ability to send cash e-gift vouchers ranging from BD 5 up to BD 6,000 which can be

​A healthier financial future with Al Salam Life Planning Account

Al Salam Bank’s Life Planning Account campaign gives customers the opportunity to secure their financial future through achievable monthly contributions starting as low as BD 30 and up to BD 150. The account offers clients competitive profit rates on minimal investments for short term savings, with the added benefit of accompanying insurance (Takaful) which includes Children’s Education, Life, and Covid-19 coverage. The Life Planning Account and its flexible tier packages (BD30, BD80 or BD150 per month), with saving plan

‘Seef Properties’ Signs Lease Agreement with ‘Al Salam Bank’ to Open its Latest Branch at ‘Al Liwan’

​Seef Properties, one of the leading integrated real estate development companies in the Kingdom of Bahrain, has recently signed a lease agreement with Al Salam Bank, to open a new branch at Al Liwan project; one of the promising projects being developed by Seef Properties in Hamala area in the Northern Governorate.

Al Salam Bank partners with Ministry of Housing and Eskan Bank in the Danat Al Baraka project under the “Mazaya” scheme

Al Salam Bank has signed a Memorandum of Understanding with Eskan Bank to offer its clients with competitive property financing facility for the purchase of their dream home in the Danat Al Baraka project under the “Mazaya” social housing scheme with the Ministry of Housing, located in Janusan area. On the occasion, Mr. Rafik Nayed, Group Chief Executive Officer of Al Salam Bank said “The “Mazaya” scheme is a significant initiative that elegantly offers housing solutions to eligible applicants.

​Al Salam Bank Announces Financial Results for the First Quarter Ended 31 March 2021

​Al Salam Bank (Al Salam Bank) (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) reported net profit attributable to shareholders of BD 6.1 million (US$ 16.15 million) in the first quarter of 2021 compared to BD 2.5 million (US$ 6.7 million) in the first quarter of 2020, reflecting an increase of 144%.

​Al Salam Bank launches the Danat Savings Scheme for 2021

Al Salam Bank (Al Salam Bank) recently announced the launch of a completely revamped program under the Bank’s Danat Savings Scheme for the year ahead. Under the revamped scheme, which comes in line with the Bank’s commitment to providing its clients with unparalleled experiences, the Bank is offering its clients the opportunity to win an increased variety of cash prizes throughout the year, concluding with a grand prize of a luxury villa and a monthly salary of BD10,000 for an entire year. The clients will have the opportunity to win daily prizes of BD 300, five monthly prizes worth BD 10,000, and five salary prizes which will be drawn each alternating month worth BD 1,000 monthly for one year.

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