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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 More… |
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BMI Bank-Al Salam boards back mergerThe 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 More… |
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Al Salam in merger talks with regional bankBahrain's Al Salam Bank said on Wednesday it was in merger talks with an unnamed regional bank, almost a year after a tie-up with Bahrain Islamic Bank collapsed. More… |
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Al Salam buys Boeing jets for EmiratesBahrain-based Al Salam Bank said it has acquired equity stake in two brand new Boeing 777-300 ER for offering on a12-year-long renewable term lease to Dubai national carrier Emirates. This is Al Salam's third investment in avi More… |
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Al Salam Bank buys stake in Boeing leaseAl Salam Bank Bahrain has acquired an equity stake in a new Boeing 777-300 ER on long-term lease to Emirates Airlines, which comes as part of the bank's objectives to diversify its investment portfolio. Al Salam Bank Bahrain has identified More… |
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$4.5bn Bahrain Islamic, Al Salam merger offBahrain Islamic Bank and Al Salam Bank said on Thursday that merger talks between both lenders to form a banking giant collapsed due to disagreement on pricing. Both banks had said in July they initiated talks to form the kingdom's la More… |
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Bahrain asks 5 Islamic banks to mergeBahrain's central bank has urged five Islamic banks to merge early next year as it seeks to strengthen the banks' capital bases, a senior official said on Sunday. Under the plan, Al Salam Bank would merge with Bahrain Islamic Bank, More… |
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BisB, Al Salam name advisor for mergerBahrain Islamic Bank and Al Salam Bank have named KPMG Fakhro as advisor after receiving approval from the central bank for their planned merger, Al Salam Bank said in a statement on the Bahrain bourse late Tuesday. The two banks said they More… |
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BisB, Al Salam Bank in merger talksBahrain Islamic Bank (BisB) said it is in merger discussions with Bahrain-based Al Salam Bank Bahrain, a diversified Islamic banking and financial services enterprise. If the corporate marriage goes ahead, the resultant financial instituti More… |
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Bahraini Saudi Bank Q1 net surges 52pcBahraini Saudi Bank, a subsidiary of Al Salam Bank-Bahrain, announced that its net profit for the first quarter jumped 52 per cent to $1.1 million from $0.7 million for similar period in 2010. 'We are pleased to announce that since the More… |
