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Al Salam Bank-Bahrain names Group CEOAl Salam Bank-Bahrain (ASBB), one of the pioneering Shari’a-compliant banks in the Kingdom, has appointed Rafik Nayed as Group chief executive officer (CEO) of the bank following regulatory approvals. Chairman of the Board o More… |
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Al Salam, BMI ink deal with Omani bankAl Salam Bank Bahrain (ASBB) and BMI Bank have signed a MoU with Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat. As part of the MoU, the banks have collectively agreed to pool expertise, technologies and resource More… |
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Al Salam Bank, BMI merger approvedAl Salam Bank Bahrain (ASBB) and Bahraini retail and commercial banking institution BMI Bank have concluded their merger following approval from their shareholders. The approval was obtained at the respective extraordinary general More… |
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BMI shareholders approve Salam bank mergerBahraini retail and commercial lender BMI Bank said it has won approval from the shareholders for its merger with the kingdom's leading Al Salam Bank Bahrain (ASBB). The shareholder approved the deal at the BMI's extraordi More… |
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Al Salam Bank in deal to collect LMRA feesAl Salam Bank Bahrain (ASBB) has signed an agreement with the Labour Market Regulatory Authority (LMRA) to collect fees on behalf of the organisation. Under the deal, ASBB will collect fees at its Seef district and City Centre Mall branche More… |
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Al Salam Bahrain net soars to $68mAl-Salam Bank – Bahrain said its net profit for the year ended December 31, 2008, has risen to BD25.5 million ($67.6 million) from BD23.1 million ($61.3 million) in 2007, despite the difficult market conditions that preva More… |
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Al Salam net jumps 30pc to $60mAl Salam Bank Bahrain said its net profit, for the nine month period ended September 30, 2008, jumped 30 per cent to BD22.7 million ($60.1 million) when compared to BD17.4 million ($46.2 million) for the corresponding period in 2007. The e More… |
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Al Salam Bank in biodiesel project dealAl Salam Bank-Bahrain (ASBB) has signed a major deal with six global partners to invest in a pioneering alternative energy project in Hong Kong. Yousif Taqi, the bank's chief executive officer, said ASB Biodiesel (Hong Kong) Limited (the J More… |
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Al Salam Bank enters HK biodiesel project dealAl Salam Bank-Bahrain (ASBB) has signed a major deal with six global partners to invest in a pioneering alternative energy project in Hong Kong. Yousif Taqi, the bank's chief executive officer, said ASB Biodiesel (Hong Kong) Limited (the J More… |
