Bank debit cardholders will be able to withdraw new banknotes in smaller denominations, tailored to the festive gifting traditions
Al Salam Bank-Bahrain
Al Salam Bank exits its 15.6% shareholding in Seef Properties
The Bahrain bank’s newly formed asset management firm, ASB Capital, acts as sell-side advisor in the sale to GFH
Al Salam Bank announces details of its 2025 Danat Savings Scheme
The biggest reward programme in Bahrain to offer prizes worth $10.6 million, including three grand prizes of $2.65 million each
Al Salam Bank and Eagle Hills Diyar to ease real estate financing for clients
The Manama bank to offer Eagle Hills customers competitive profit rates, a grace period of up to six months and loyalty reward points
Al Salam Bank offers free talabat pro subscription during Ramadan
Benefits include unlimited free delivery on food and grocery orders and exclusive discounts for 12 months; available to first 3,500 customers
Al Salam Bank net profit rises 48.7% for Q4 and 39.8% for the year
Net profit attributable to shareholders for Q4 2024 is $44.3 million, while that for the full year 2024 is $156.5 million
Al Salam Bank’s new Workspaces eases financial management for MSMEs
Portal introduces three new features in Bahrain – switch functionality; Admin User and flexible payment execution
Bahrain’s Al Salam Bank income up 37.5% to $249.9mn
KFH acquisition helps increase total assets by 34.1% to $18.3 billion; Financing assets and customer deposits up 37.9% and 39.3% respectively
Bahrain’s Al Salam Bank completes acquisition of KFH Bahrain
Kuwait Finance House’s asset base of $3.95 billion will substantially increase Al Salam’s balance sheet by 28%
Bahrain’s Al Salam Bank eyes growth as talks start to acquire Ithmaar assets
Al Salam Bank-Bahrain chairman confirms discussions with Ithmaar Holding for potential acquisition of assets
Bahrain bank waives loan fees for coronavirus vaccinated customers
Al Salam Bank is offering financing solutions with no administrative fees
Video: The Middle East is ‘incredibly attractive’ to Chinese firms
Ben Harburg of MSA Capital says Chinese companies are moving into emerging technology markets such as the Middle East, which has a lower e-commerce penetration rate and large unbanked populations.