Al Salam Bank opens new branch in Bahrain

10/12/2017 05:25 AST

Al Salam Bank-Bahrain, a pioneering shari'a-compliant bank in the kingdom, has announced the launch of its full-service branch in Salmabad to cater to its fast growing business and residential clientele in the area.

The branch was officially inaugurated by Khalid Hamad Abdulrahman, the executive director of banking supervision at the Central Bank of Bahrain (CBB) along with Yousif Taqi, the director and group CEO at Al Salam Bank-Bahrain in the presence of Dr Anwar Al Sada, the first deputy group CEO and Anwar Murad, the deputy group CEO of Banking along with senior officials from the bank.

Speaking at the inauguration, Taqi said: "Salmabad boasts a multitude of businesses and several government housing projects currently underway which will lead to a significant influx of residential traffic within the area."

"We remain committed to enhance convenience for our customers with easy access across all key districts of Bahrain through our extended network of 27 ATMs and 10 branches strategically located offering a wider range of Shari'a-compliant banking products and service that accommodates our customers' busy lifestyles whilst catering their discerning financial requirements," he stated.

Lauding ASBB for the new unit, Hamad said: "We appreciate their commitment to further strengthen and develop the Islamic banking and financial sector in Bahrain."

"Customers can now visit the branch in Salmabad located at The Square Mall near AMA International University from Saturday to Wednesday. In addition, a dedicated ATM is made available 24 hours for customers to conveniently serve their financial needs in a secured environment," he added.-

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