Al Salam Bank Receives Students From the American University of Bahrain

Press release
Published November 23rd, 2021 - 12:23 GMT

Al Salam Bank Receives Students From the American University of Bahrain
During the event
Highlights
Al Salam Bank received a delegation of students from the American University of Bahrain at its headquarters in Manama at the start of November 2021.

Al Salam Bank received a delegation of students from the American University of Bahrain at its headquarters in Manama at the start of November 2021. Mr. Anwar Murad, Deputy Chief Executive Officer of Banking at Al Salam Bank, welcomed the students with a mentoring session on their future careers, preparing them for the job market and answering any questions students had. The students also benefitted from a risk management session, presented by Mr. Krishnan Hariharan, Al Salam Bank’s Chief Risk Officer.

During the visit, the student delegation was given an introduction on the banking sector as a whole, in addition to learning about the inner workings of Al Salam Bank. They were further given insight into the extent of the pandemics effects on the sector, educating them on the main risks banks face and the appropriate monitoring and assessment tools used to mitigate such risks. 

Commenting on the occasion, Head of Human Resources & Administration at Al Salam Bank, Ms. Muna Al Balooshi, said “We are proud to welcome students from the American University of Bahrain on a tour of the Bank’s headquarters. This comes in line with our ongoing commitment towards developing our future generation, preparing them for professional excellence in their careers.  With social sustainability playing a central role in our ethos, Al Salam Bank aims to strengthen and add value to the banking sector in Bahrain, through initiatives designed for the growth of Bahraini talent and youth.”

 

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.

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