Al Salam Bank Wins ‘Best Bank for Corporate Banking - Bahrain’ at Euromoney Awards

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Al Salam Bank was recently awarded as Bahrain’s ‘Best Bank for Corporate Banking’ by Euromoney Awards for Excellence 2022. The award is one of the financial sector’s most esteemed accolades regionally and internationally, recognizing the Bank’s excellence in providing for integrated banking services.

The award comes as a result of the Bank’s progress in its ongoing digital transformation, particularly within its Corporate Banking division, further cementing its leading position in the Kingdom’s and broader Islamic banking sector.

Commenting on the award, Rafik Nayed, Group Chief Executive Officer of Al Salam Bank, said: “We are incredibly proud to be named a national winner at the Euromoney Awards for Excellence 2022, which recognizes Al Salam Bank’s robust financial results, unparalleled personalized financial advisory services, and advanced solutions for corporate clients.

In line with our expansion strategy, we have achieved impressive growth and resilience across all divisions, further cementing our position at the forefront of the Kingdom’s banking and finance industry.”

Ahmed Murad, Head of Corporate Banking at Al Salam Bank, added: “This prestigious award was earned as a result of several milestones we have achieved this past year, which reflect our proven model for integrated banking and success in accelerating the rollout of digital initiatives to accommodate our clients’ needs.

Amidst the global pandemic, our corporate banking division offered strategic advisory services, helping clients bolster liquidity and pivot their strategies in response to the market uncertainty.” Last year, Al Salam Bank was named the ‘Best Domestic Bank in Bahrain – 2021’ at the Asiamoney Middle East Awards in the Best Bank category.

The award was given in light of the Bank’s solid financial performance and unwavering commitment to building a diversified portfolio of banking products and services. The Asiamoney Awards, part of Euromoney Global Ltd., aim to highlight regional pioneers of the banking industry and celebrate their success and accomplishments.