Saturday 5 September 2015
 
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Al Salam

30 interns to undergo internship at Al Salam Bahrain

Al Salam Bank-Bahrain welcomed a batch of 30 young Bahrainis, to the bank’s ninth consecutive annual summer internship programme. The induction programme for the 23 female and seven male students was held at the Ramee Hotel,

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30 interns to undergo internship at Al Salam Bahrain

Al Salam Bank-Bahrain welcomed a batch of 30 young Bahrainis, to the bank’s ninth consecutive annual summer internship programme. The induction programme for the 23 female and seven male students was held at the Ramee Hotel,

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Key Bahrain cbank instrument bolsters bank push

The new Islamic Sukuk Liquidity Instrument (ISLI) introduced by the Central Bank of Bahrain (CBB) will play a vital role in enhancing return for Al Salam Bank-Bahrain and boost its profitability, a senior banking official said. It

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Al Salam Bank Bahrain to pay $28m in dividend

The shareholders of Al Salam Bank Bahrain will get BD10.7 million ($28.2 million) as dividend following the approval of the board recommendation at the bank's Annual General Meeting yesterday (February 24). The dividend payout

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Al Salam launches Asian real estate fund

Al Salam Bank-Bahrain (ASBB) said it has launched the world's first Asian real estate investment trust (REIT) fund that invests along Sharia principles. ASBB is the sponsor and seed investor for the Al Salam Asia REIT Fund, wh

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Al Salam Bahrain posts 20pc profit

Al Salam Bank Bahrain posted a net profit of BD12.4 million ($32.4 million) for last year, up 20 per cent over the previous year. The net profit for the quarter ended December 31, 2013, was BD3.2 million, as compared to BD4.2 mill

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Al Salam opens biodiesel plant in HK

ASB Biodiesel, a joint venture between Al Salam Bank-Bahrain and a group of Gulf-based financial institutions, has launched its new $165 million waste-to-biodiesel plant in Hong Kong. A dynamic, diversified and differentiated Isla

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Al Salam, BMI in key merger agreement

Bahraini retail lender BMI said its board members have reached an agreement with Al Salam Bank-Bahrain, a dynamic, diversified and differentiated Islamic bank, to merge the two entities through a share swap deal.   

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Women in banking 'facing challenges'

Women in the workplace, particularly in the banking sector, continue to be dismally represented, especially in more senior roles, said a top official. Al Salam Bank chairwoman and inJAz Bahrain executive director Shaikha Hessa bin

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BMI Bank-Al Salam boards back merger

The boards of BMI Bank and Al Salam Bank Bahrain have reached an in-principle agreement to proceed with discussions for a merger, which will create the third largest bank in the kingdom, said a joint statement by the banks. BMI Ba

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