Friday 19 December 2014
 
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Al Salam Bank

Al Salam gets go-ahead for BMI merger

Al Salam Bank-Bahrain, one of the kingdom's pioneering Islamic banks, said its shareholders have approved the merger of the bank with BMI Bank through exchange of shares.   Upon merger, the group will have to

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Al Salam sells $86m Malaysia property

Al Salam Bank-Bahrain, one of the kingdom’s pioneering Islamic banks, said it has successfully completed and sold a joint venture comprising 73 villas worth an estimated RM260.6 million ($86 million), in Penang Island, one of Malaysia&rsqu

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Al Salam exits key London property

Al Salam Bank-Bahrain (ASBB), a leading Islamic bank in the Kingdom, has successfully exited a circa £38 million Shari’a compliant mezzanine facility extended to the refinancing of 5 Canada Square, a landmark commercial property loca

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Al Salam invests in jet lease to Emirates

In the third investment of its kind, Al Salam Bank Bahrain has announced the acquisition of an equity stake in a second brand new Boeing 777-300 ER on a 12-year-long renewable term lease to the Emirates Airlines. The planes have b

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Banks introduce 3D-secure services

Bahraini Saudi and Al Salam Bank Bahrain, Al Salam Group, have joined hands with leading electronic payment processor of the region, AFS, to introduce 3D-secure services for its credit card holders. Under this agreement, cardholders will h

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BCCI urges merger of Bahrain’s banks

Bahrain's banks have been urged to merge and boost national growth momentum by the chairman of the Bahrain Chamber of Commerce and Industry (BCCI). Dr Essam Fakhro also called on the government to fast-track development projects to rev

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Al Salam Bank wins Tamkeen Quiz

Bahrain-based Al Salam Bank was declared the winner of the Tamkeen Business Quiz Show held recently in the Kingdom. The event was held under the patronage of Shaikh Nasser Bin Hamad Al Khalifa, chairman of the Supreme Council for Youth and

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Al Salam Bank wins business quiz

Bahrain-based Al Salam Bank has won a business quiz competition which tested each team’s knowledge of Bahrain, Bahraini business, industry and the kingdom’s labour fund Tamkeen. Team Al Salam Bank beat out teams ARIG, who took second

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Al Salam Bank begins summer training

Al Salam Bank-Bahrain, a leading Islamic bank in the region, has commenced its summer training programme for university students from various specialisations. Since the beginning of June, the bank has been receiving intern applications fro

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Bahraini Saudi Bank opens two branches

Bahraini Saudi, a subsidiary of Al Salam Bank - Bahrain, has opened two new branches at Bahrain University and Mashtan Road, Riffa. With this addition, the branch network serving Bahraini Saudi and Al Salam customers has now increased to 1

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