's quarterly profitability witnessed a significant increase of 65.52pc, from BD4.11m in Q2 2018 to BD6.80m in Q2 2019.
The reception was an opportunity for decision makers to have a hands-on experience of the Al Rateb wage protection solution, said the statement from ASBB
Al Romaihi reviewed with the bank's executive management ways of boosting cooperation to develop the information and telecommunication sector, commending the role of ASBB
in upgrading the Islamic banking and financial services, serving the community and backing many economic, tourism, educational, health, media, cultural and sport activities.
is a leading full serviced commercial bank offering Shari'a-compliant products headquartered in the Kingdom of Bahrain.
Following CBS handover, BMIO is resuming regular operations after being acquired by a new joint venture between ASBB
and Seychelles Pension Fund (SPF).
, an Islamic bank in Bahrain, will be the sponsor and seed investor for the Fund.
Under the terms of the proposed business combination, ASBB
will acquire 58.5 million BMI Bank shares of BHD1 each and issue 644 million ASBB
shares of 100 fils each.
Al Salam Bank Bahrain (ASBB
) Director & CEO, Mr.
Al Salam Bank-Bahrain (ASBB
) has signed an agreement with the Saudi Arabia-based, Abdulla H.
MANAMA: Bahrain based Al-Salam Bank Bahrain (ASBB
), which reported a net profit of BD25.5 million for 2008, will launch a new company for agri-business with a capital of $50 million, the chairman of the bank disclosed here yesterday.