Al Salam Bank Unveils Its Newly Formed Brand DNA

Press release
Published September 12th, 2021 - 06:06 GMT

Al Salam Bank Unveils Its Newly Formed Brand DNA
Rafik Nayed Group CEO, Al Salam Bank Bahrain.
Highlights
Al Salam Bank recently held an exclusive key-note event at the glittering Bahrain National Theatre

Al Salam Bank recently held an exclusive key-note event at the glittering Bahrain National Theatre, one of the largest theatres in the Arab world, which has emerged as an architectural landmark that embodies the artistic and cultural dynamism of the Kingdom. The event was held in celebration of the Bank’s newly launched Brand DNA, in the presence of the Bank’s Board of Directors and Executive Management, attended by the Bank’s employees, which were seated socially distanced as an added precautionary measure. 

Addressing the Bank’s employees, Rafik Nayed, Group Chief Executive Officer (Group CEO) at Al Salam Bank, revealed, “With the introduction of our new Brand DNA, we are embarking on a new era and a new visionary journey. It’s given rise to a more conscious brand, one that goes beyond purpose, which encapsulates the spirit of who we are at Al Salam Bank”.

“Like human DNA, every company has its own Brand DNA, its own genetic make-up that makes it unique. Unlike human DNA, we get to choose what kind of DNA at Al Salam. It will ensure that all our clients’ needs are met across every level and department in the bank and therein lies the heart of Al Salam’s Brand DNA, underlining our collective purpose, lies our Brand Promise - We nurture relationships by enriching experiences,” the Group CEO added.

The Bank’s new DNA comprises revived Brand Values that support the Bank’s collaborative work culture, as well as the following Guiding Principles; We Enchant our Clients, We Inspire Our People. We are Digitally Native, We Do the Right Thing, and We Act with Empathy. 

In line with its commitment to support the social and financial wellbeing of the community, and as part of the first chapter of its exciting new journey, the Bank also announced the launch of Al Salam’s community-led platform ‘Al Salam Helping Hands’. 

 

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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