Tuesday 2 September 2014
 
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Al Salam Bank Bahrain

Al Salam, BMI ink deal with Omani bank

Al 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

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Al Salam Bank, BMI merger approved

Al 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

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BMI shareholders approve Salam bank merger

Bahraini 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

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Al Salam Bank in deal to collect LMRA fees

Al 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

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Al Salam Bahrain net soars to $68m

Al-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

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Al Salam net jumps 30pc to $60m

Al 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

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Al Salam Bank in biodiesel project deal

Al 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

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Al Salam Bank enters HK biodiesel project deal

Al 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

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