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Bahrain’s Al Salam Bank has reported a 48% jump in its net profit for FY 2022, which soared to BD31.6 million ($83.8 million) mainly driven by the growth in core banking, while its total operating income grew two-fold to hit BD155.4 million ($412 million)
Al Salam Bank has unveiled a nationwide campaign under the theme of ‘Inspired to Grow’, celebrating the bank’s new chapter of accelerated growth.
Al Salam Bank has unveiled a nationwide campaign under the theme of ‘Inspired to Grow’, celebrating the bank’s new chapter of accelerated growth.
Al Salam Bank has completed the acquisition of certain assets from Ithmaar Holding in a deal valued at $2.2bn.
Al Salam Bank recently announced that it has completed the acquisition of select assets from Ithmaar Holding in Bahrain, including the consumer banking business of its wholly-owned subsidiary, Ithmaar Bank, in a transaction worth $2.2 billion.