Al Salam Bank BSC - Company Profile
Powered by 
All the data and insights you need on Al Salam Bank BSC in one report.
$295
- Save hours of research time and resources with
our up-to-date Al Salam Bank BSC Strategy Report
- Understand Al Salam Bank BSC position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Al Salam Bank BSC (ASBB) is a provider of banking and other related financial services. The bank, along with its subsidiaries, offers a range of retail, corporate and private banking; and treasury and wealth management services. It provides current, savings, youth, and wakala accounts; credit, debit, and prepaid multi-currency cards; property finance; auto finance; and loans for home, working capital, trade, and personal requirements. It manages profit -sharing investment accounts and offers Sharia-compliant financing contracts. Its treasury offerings comprise money market, foreign exchange, trading, and treasury services including short-term commodity Murabaha. ASBB manages a proprietary portfolio and offers a range of investment products, funds, and alternative investments. It also provides cash deposit machines, payment solutions, and online and mobile banking. ASB is headquartered in Manama, Bahrain.
Headquarters
Bahrain
Address
P.O Box 18282, Manama, 436
Website
www.alsalambank.com
Telephone
973 1 7005500
Industry
Financial Services
Ticker Symbol & Exchange
SALAM (BSH)
Revenue (2023)
$770.1M
83.9%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
33.7%
(2023 vs 2022)
Market Cap*
$1.5B
Net Profit Margin (2023)
XYZ
-27.3%
(2023 vs 2022)
* As of and is in US$
Al Salam Bank BSC premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts: | Foreign Exchange | Al Salam Bank |
| Current | Private Banking | |
| Savings | Wealth Management | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the bank signed an agreement with the Kuwait Finance House (KFH) Group to acquire the entire share of KFH-Bahrain. |
| 2023 | New Products/Services | In December, the bank launched digital service. |
| 2023 | Plans/Strategy | In November, the company announced its plans to acquire Kuwait Finance House (Bahrain) B.S.C. (C) from Kuwait Finance House K.S.C.P. |
Competitor Comparison
| Key Parameters | Al Salam Bank BSC | Ithmaar Holding BSC | Bank of Bahrain and Kuwait BSC | Khaleeji Commercial Bank BSC | Bahrain Commercial Facilities Company BSC |
|---|---|---|---|---|---|
| Headquarters | Bahrain | Bahrain | Bahrain | Bahrain | Bahrain |
| City | Manama | Manama | Manama | Manama | Manama |
| No. of Employees | - | 248 | 1,282 | - | 747 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yousif Ahmed Ebrahim | Chief Financial Officer | Senior Management | - | - |
| Abdulkarim Turki | Chief Operating Officer | Senior Management | - | - |
| Hemantha Wijesinghe | Chief Technology Officer | Senior Management | - | - |
| Krishnan Hariharan | Chief Risk Officer | Senior Management | - | - |
| Rafik Nayed | Group Chief Executive Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer