Press releases, Reports & Disclosures for Al Salam Bank B.S.C

Al Salam Bank has introduced a new Youth debit card for individuals aged 10 to below 18 years old. The card features a modern design and offers up to 30% discounts and exclusive deals at restaurants, cafes, fitness centers, and more. It aims to promote financial independence among youth. New clients can open an account and get the card instantly at the Bank’s Self-Service Kiosk, while existing clients can replace their current cards at the kiosk. The card includes benefits such as loyalty rewards, independent usage of BenefitPay, and eligibility for monthly prizes. For more details, visit the Bank’s website or contact them via WhatsApp or their virtual branch.

Al Salam Bank has partnered with talabat to offer Visa Credit and Multi-Currency Prepaid cardholders a free 12-month t-pro subscription. This offer is available from September 1 to October 13, 2024, and includes benefits such as free delivery and special rewards. The t-pro service, recently launched in talabat Bahrain, provides unlimited free delivery from selected restaurants, grocery stores, pharmacies, and shops. The partnership aims to enhance client experience and satisfaction. For more details, visit Al Salam Bank's website or contact them via WhatsApp or their virtual branch.

Al Salam Bank B.S.C., licensed and regulated as an Islamic Retail Bank by the Central Bank of Bahrain, announced a transaction involving a substantial shareholder. On 18 August 2024, Overseas Investment S.P.C. sold 12,513,924 shares, reducing their ownership from 175,504,546 shares (6.38%) to 162,990,622 shares (5.93%). The announcement was made to both the Bahrain Bourse and Dubai Financial Market. The transaction details were communicated by Ali Yusuf Al Khaja, Head of Compliance and MLRO.