Al Salam Bank Launches Exclusive Digital Onboarding Campaign

Press release

Published March 6th, 2023 - 06:42 GMT

Al Salam Bank Launches Exclusive Digital Onboarding Campaign

Mohammed BuhijjiHead of Retail Banking at Al Salam Bank

Highlights

Al Salam Bank announced the launch of its exclusive digital onboarding campaign for clients who open a new bank account using the Bank's mobile app or new self-service kiosks.

Al Salam Bank announced the launch of its exclusive digital onboarding campaign for clients who open a new bank account using the Bank's mobile app or new self-service kiosks. The campaign is in line with the Bank's expansion following its acquisition of Ithmaar Bank's consumer banking division, and is a vital initiative that aims to facilitate the client migration process.

Throughout the campaign, the Bank will reward its clients who onboard digitally with an opportunity to enter the monthly draws for a chance to win a cash prize of BHD 250. The campaign began in February and is ongoing until December 2023.

Commenting on the occasion, Mr. Mohammed Buhijji, Head of Retail Banking at Al Salam Bank, said: "At Al Salam Bank we proudly implement a digital-first mindset, enabling us to elevate our client's experiences with innovative, smart, and efficient banking services. As such, we have launched our recent campaign with the aim of encouraging clients to adopt digital services and make use of their range of benefits and 24/7 availability, offering users a guaranteed convenient and seamless banking journey. We encourage everyone to join Al Salam Bank through our various digital services for an exceptional digital journey, the chance to win cash prizes of BHD 250, and benefit from a number of features and exclusive rewards."

Al Salam Bank strives to integrate the latest digital technologies to offer clients with an unparalleled banking experience. Due to its adoption of information-supported insights and highly advanced technology, the Bank has been able to launch a wide range of innovative digital products and services across its various platforms, including: the mobile app, the virtual branch, Whatsapp, the online chat box, and self-service kiosk.

Background Information

Al Salam Bank

Al Salam Bank-Bahrain B.S.C (ASBB) is an Islamic bank headquartered in the Kingdom of Bahrain, and licensed and regulated by the Central Bank of Bahrain.

ASBB was established on 19 January 2006 in the Kingdom of Bahrain with paid-up capital of BD 120 million (US$ 318 million) and commenced commercial operations on 17 April 2006. The Bank was listed on Bahrain Bourse on 27 April 2006 and subsequently on the Dubai Financial Market (DFM) on 26 March 2008.

ASBB completed its merger with the Bahraini Saudi Bank (BSB) on 22 December 2011. On 2 February 2014, Al Salam Bank-Bahrain and BMI Bank B.S.C. (c) confirmed the conclusion of a business combination between the two institutions after obtaining the approval of their shareholders at their respective extraordinary general assembly meetings, and of 30 March 2014 BMI Bank became a wholly owned subsidiary of ASBB.

ASBB offers its customers a comprehensive range of innovative and unique Shari’a-compliant financial products and services through an extended network of branches and ATMs, utilizing the state-of-art technologies to meet various banking requirements. In addition to its retail banking services, the Bank also offers Corporate Banking, Private Banking, Asset Management and Treasury services. The Bank's high-caliber management team is comprised of highly qualified and internationally experienced professionals with proven expertise in key areas of banking, finance, and related fields.