Al Salam Bank

Al Salam Bank-Bahrain inks pact with Kanoo Travel Agency

Al Salam Bank-Bahrain inks pact with Kanoo Travel Agency

Al Salam Bank-Bahrain has entered into an agreement with Kanoo Travel Agency.

The move will allow Kanoo to participate in various exclusive promotions extended to Al Salam's customers and charge card holders which include special pricing on selected holiday packages, value additions promotions and discounts on room bookings in selected hotels and travel related services.

Al Salam Bank net drops 65%

Al Salam Bank net drops 65%

In the similar period of previous year, bank's net profit figure stood at BD7.9 million for the same period last year.

Bank's net profit for the six-month period reached BD10.6 million with earnings per share for the period of 8.9 fils.

The total assets in H1 surged by 16% to reach BD640.7 million from BD554 million on December 31, 2008.

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