Bahrain
About Al Salam Bank B.S.C.
Al Salam Bank B.S.C. is a leading financial institution offering a wide range of banking products and services to retail, private, and corporate customers in Bahrain and Seychelles. Established in 2006 and headquartered in Sanabis, Bahrain, the bank operates through four key segments: Banking, Treasury, Investments, and Takaful.
Key Services and Offerings
- Retail Banking: Current, savings, call, and youth accounts; Wakala and Danat savings schemes; property, personal, and auto financing; credit and prepaid cards; insurance products; and digital banking solutions.
- Private Banking: Wealth management, multicurrency deposits, family trust services, leveraged facilities, Sukuk services, and private equity investments.
- Corporate Banking: Online banking platforms, working capital and trade financing, escrow accounts, and corporate card services for businesses of all sizes.
- Capital Markets & Treasury: Commodities Murabaha, foreign exchange, Sukuk, REITs, equity securities, and hedging instruments.
- Digital Solutions: Al Salam Invest platform, digital trading, and wealth management services.
Additional Information
Formerly known as Al Salam Bank-Bahrain B.S.C., the bank rebranded to its current name in November 2021. It continues to innovate with self-service kiosks, mobile banking apps, and loyalty rewards programs to enhance customer experience.