Al Salam Bank Opens new branch at Salmabad

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Al Salam Bank-Bahrain, one of the pioneering Shari’a-compliant banks in the Kingdom, announced the inauguration of its full-service branch in Salmabad to cater to its fast growing business and residential clientele in the area. An official opening of its branch was presided over by Mr. Khalid Hamad Abdulrahman the Executive Director of Banking Supervision at the Central Bank of Bahrain (CBB) along with Mr. Yousif Taqi, Director and Group Chief Executive Officer at Al Salam Bank-Bahrain in the presence of Dr. Anwar Al Sada the First Deputy Group CEO and Mr. Anwar Murad Deputy Group CEO of Banking along with senior officials from the Bank.

Speaking at the inauguration of Salmabad branch, Mr. Yousif Taqi, Director & Group CEO of Al Salam Bank-Bahrain said: “Salmabad boasts of a multitude of businesses and several government housing projects currently underway which will lead to a significant influx of residential traffic within the area. We remain committed to enhance convenience for our customers with easy access across all key districts of Bahrain through our extended network of 27 ATMs and 10 branches strategically located offering a wider range of Shari’a-compliant banking products and service that accommodates our customers’ busy lifestyles whilst catering their discerning financial requirements.

Mr. Yousif Taqi further added, we would like to extend our sincere appreciation to the Central Bank of Bahrain and our stakeholders for their constant support and cooperation to the bank.”

On this occasion, Mr. Khalid Hamad, Executive Director of Banking Supervision at the CBB said, “I would like to congratulate Al Salam Bank-Bahrain on the opening of their full-service branch at Salmabad, one of the rapidly growing areas in Bahrain commercially and residentially. We appreciate their commitment to further strengthen and develop the Islamic banking and financial sector in the Kingdom of Bahrain.”

Customers can now visit the branch in Salmabad located at The Square Mall near AMA International University from Saturday to Wednesday. In addition, a dedicated ATM is made available 24 hours for customers to conveniently serve their financial needs in a secured environment.