Al Salam Bank BSC - Company Profile
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Al Salam Bank BSc (ASBB) is a financial service company offering products and services based on Islamic financing principles. Adequate capital, cash position, and increase in deposits are its major strengths, even as increase in expenses remains an area for concern. Emergence of neobanks, risks related to online identity theft and hacking, and regulations affecting financial stability may impact the bank’s performance. However, the short-term economic outlook in Bahrain, strategic partnerships, and the emergence of FinTech may provide ample growth opportunities for the bank.
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