Al Salam Bank Sponsors Award For The Second Consecutive Year At BIBF Ceremony Honoring Bangor University Graduates

Press release
Published June 23rd, 2022 - 09:58 GMT

Al Salam Bank Sponsors Award For The Second Consecutive Year At BIBF Ceremony Honoring Bangor University Graduates
During the event
Highlights
Al Salam Bank sponsored the ‘Outstanding Achievement Graduate Award’ at the Bahrain Institute of Banking and Finance’s (BIBF) ceremony which celebrated the graduation of students from Bangor University, U.K.

For the second year in a row, Al Salam Bank sponsored the ‘Outstanding Achievement Graduate Award’ at the Bahrain Institute of Banking and Finance’s (BIBF) ceremony which celebrated the graduation of students from Bangor University, U.K., which was held under the Patronage of the Central Bank of Bahrain (CBB) on the 12th of June, 2022. On behalf of Al Salam Bank, a member from the Bank’s Marketing and Communications division, Mr. Ahmed bin Jamal, presented the award to Reema Mohamed Shah, who received a Bachelor of Science in Accounting and Finance with outstanding achievements. Several other exceptional graduates also received distinguished awards that aimed to celebrate and honor their academic excellence.

The Bachelor's degrees, which included various majors in the likes of Bachelors of Science in Banking & Finance, and Trade & Finance studies, were distributed to the students in the presence of Professor Andrew Edwards, Dean of Bangor University’s Business School, Dr. Ahmed Alshaikh, Director of BIBF, as well as various representatives from leading institutions in the financial and banking sector, alongside the parents and family members of the students.

Commenting on the occasion, Muna Al Balooshi, Head of Human Resources and Administration at Al Salam Bank, said, “I would first like to extend my sincere congratulates to all the graduates and wish them continued success in their future careers. As they continue to cultivate key skills and gain vital knowledge throughout their academic journeys, they will significantly contribute to the advancement of key pillars of the Kingdom of Bahrain’s economy. Our sponsorship for this distinguished award reinforces our ongoing support for the education sector, and comes as part of our unwavering efforts towards leaving a positive imprint on the community at large. As a leading Islamic bank in the Kingdom, we are committed to investing in key initiatives that fall in line with achieving the Economic Vision 2030.”

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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