Rafik Nayed News Today

Bahrain-based Al Salam Bank has announced a net profit of BD31 million ($82.24 million) for the first nine months, up 53% when compared to BD20.3 million ($53.8 million) last year, while its operating income surged to BD202.49 million ($537.11 million).

Al Salam Bank has posted net profits attributable to shareholders of BD10.28 million ($27.26 million) in Q2 of 2023, a robust increase of 47% on Q2 2022, while the H1 profit jumped 52% to $54.52 million.

Al Salam Bank plans to further support its Algerian business to accelerate its growth and capture new pockets of opportunities.

TDT | Manama     The Daily Tribune – www.newsofbahrain.com Al...

Al Salam Bank has announced the acquisition of a majority stake in Al Salam Bank Algeria (ASBA), increasing its shareholding from 37.43% to 53.13%, following the purchase of shares from various shareholders.

Bahrain-based Islamic bank Al Salam said it has acquired a majority stake in its Algerian subsidiary - Al Salam Bank Algeria (ASBA), by raising its shareholding from 37.43% to 53.13%, following the purchase of shares from various shareholders.

Bahrain-based Islamic bank Al Salam said it has acquired a majority stake in its Algerian subsidiary - Al Salam Bank Algeria (ASBA), by raising its shareholding from 37.43% to 53.13%, following the purchase of shares from various shareholders.

Al Salam Bank has been named "Bank of the Year - Bahrain" at The Banker Awards 2022, recognizing the Bank's commitment to service excellence, its diverse

Al Salam Bank has been named

Al Salam Bank has expanded its digital investment platform, "Al Salam Invest," by launching Bahrain Trade as part of its trading services, enabling reta