Al Salam Bank wins Best Domestic Bank Bahrain 2021 at Asiamoney awards

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Al Salam Bank was recently awarded as the ‘Best Domestic Bank in Bahrain – 2021’ as part of Asiamoney Middle East’s lineup of awards for Best Bank, in light of the Bank’s solid financial performance and unwavering initiative in providing a diversified portfolio of banking products and services.

The Asiamoney Awards, which fall under Euromoney Global Ltd, aim to highlight regional pioneers of the banking industry and celebrate their success and accomplishments.

The prestigious award was earned as a result of several achievements in the past year, recognizing Al Salam Bank’s excellence in providing the ideal model for exceptional and integrated banking.

Rafik Nayed, Group Chief Executive Officer (Group CEO) of Al Salam Bank, said, “We are incredibly proud to receive this award, which highlights Al Salam Bank’s milestone achievements in the banking industry, and robust financial results, particularly in the wake of the challenges brought on by COVID-19.

As a Bank, we’ve been able to effectively pivot our strategic direction in the face of these challenges and have succeeded in achieving impressive growth across all fronts.” “With our flexible and proactive mindset, we have emerged in a position of strength, having placed clear strategies in place to keep pace with the everchanging nature of these times.

On the heels of completing our transformation journey, we continue to invest in cementing the Bank’s leading position in the banking and finance industry.

Ultimately, our commitment to our clients lies at the heart of our operations and ethos as a Bank, and the initiatives we have undertaken, in the likes of accelerating the roll-out of key digital initiatives and advanced solutions to accommodate the new normal,” the Group CEO added.

Besides consistently expanding its scope of activities in the Kingdom’s banking sector, particularly in terms of savings deposits and financing solutions, Al Salam Bank has forecasted positive results and robust performance of its financial results for the remainder of 2021 and beyond.