Al Salam Bank wins Best Domestic Bank Bahrain 2021 at Asiamoney Awards

Al Salam Bank wins Best Domestic Bank Bahrain 2021 at Asiamoney Awards

Al Salam Bank was recently awarded as the ‘Best Domestic Bank in Bahrain – 2021’ as part of Asiamoney Middle East’s line up of awards for Best Bank, in light of the Bank’s solid financial performance and unwavering initiative in providing a diversified portfolio of banking products and services. The Asiamoney Awards, which fall under Euromoney Global Ltd, aim to highlight regional pioneers of the banking industry and celebrate their success and accomplishments. The prestigious award from Asiamoney was earned as a result of several achievements in the past year, recognizing Al Salam Bank’s excellence in providing the ideal model for exceptional and integrated banking. In spite of the circumstances which have faced financial institutions and industries across the world as a result of the ongoing pandemic, Al Salam Bank has secured milestone successes and witnessed incredible progress on its journey towards digital transformation, maintaining a leading position in the Kingdom’s banking sector. In July 2020, the Bank signed an agreement with Bahrain Bourse and the Central Bank of Bahrain (CBB) to offer innovative Shari’a-compliant brokerage services, which contributed to creating a booming market for Bahrain-issued Ijarah sukuk certificates used in property leasing. In addition, the Bank further upgraded its