Al Salam Bank-Bahrain Announces its Virtual Internship Programme

Press release
Published July 9th, 2020 - 05:21 GMT
Al Salam Bank-Bahrain Announces its Virtual Internship Programme
Long running internship programme aimed at shaping Bahrain’s future banking leaders will be conducted virtually for the first time in light of COVID-19
Highlights
An intensive career planning and development session, in partnership with the Bahrain Institute of Banking and Finance (BIBF), is the latest addition to the programme

In order to continue supporting the growth and development of Bahraini talent despite the ongoing COVID-19 pandemic, Al Salam Bank-Bahrain (Al Salam Bank) has announced that its 14th annual summer internship programme will be conducted virtually. This year, 11 young Bahraini graduates will be accepted onto the coveted programme, which provides comprehensive training and development aimed at shaping the future leaders of Bahrain’s banking industry. For the first time, interns will complete the two-month programme, which runs until the mid of September, working remotely from home.

 

The interns will undergo comprehensive training within key departments at the Bank, including Retail Banking, Treasury and Capital Markets, Innovation, Strategy & Planning, Risk Management, Shari’a Compliance, Real Estate Asset Management, Human Resources and Marketing & Communications. Furthermore, Al Salam Bank has arranged for an external session with the BIBF – one of the region’s leading centres for training and professional development in the banking and finance industries - to provide the interns with training, coaching and mentorship. As well as supporting the development of critical soft skills, including interpersonal skills, communication skills, time management, team working skills and various career planning skills, the session will include an introduction to FinTech and to digital disruption in the banking sector.

 

Muna Al Balooshi, Head of Human Resources and Administration at Al Salam Bank said: “This comprehensive and truly unique programme will provide students with the valuable experience and practical skills they need to excel once they join the Kingdom’s workforce. Thanks to the feedback received from previous participants, we are able to consistently improve the programme, which now includes an intensive career planning and development session. This will play a major role in building our interns’ expertise and equip them with a broader understanding of the career opportunities available to them once they graduate. 

 

Through these kinds of constant improvements, the programme is growing from strength to strength and continues to attract a growing number of applicants each year. This time around, in order to ensure the safety and wellbeing of the selected applicants, for the first time in the programme’s fourteen-year history, they will undertake it remotely.”

Since its launch in 2007, Al Salam Bank’s summer internship programme has welcomed more than 300 interns. A leader in the digitalisation of financial services, the Bank is one of the first financial institutions in Bahrain to conduct its internship programme virtually. Al Salam Bank is committed to continue supporting and developing Bahraini talent despite the ongoing COVID-19 pandemic as part of its comprehensive Corporate Social Responsibility programme.

Background Information

Al Salam Bank

Al Salam Bank-Bahrain B.S.C (ASBB) is an Islamic bank headquartered in the Kingdom of Bahrain, and licensed and regulated by the Central Bank of Bahrain.

ASBB was established on 19 January 2006 in the Kingdom of Bahrain with paid-up capital of BD 120 million (US$ 318 million) and commenced commercial operations on 17 April 2006. The Bank was listed on Bahrain Bourse on 27 April 2006 and subsequently on the Dubai Financial Market (DFM) on 26 March 2008.

ASBB completed its merger with the Bahraini Saudi Bank (BSB) on 22 December 2011. On 2 February 2014, Al Salam Bank-Bahrain and BMI Bank B.S.C. (c) confirmed the conclusion of a business combination between the two institutions after obtaining the approval of their shareholders at their respective extraordinary general assembly meetings, and of 30 March 2014 BMI Bank became a wholly owned subsidiary of ASBB.

ASBB offers its customers a comprehensive range of innovative and unique Shari’a-compliant financial products and services through an extended network of branches and ATMs, utilizing the state-of-art technologies to meet various banking requirements. In addition to its retail banking services, the Bank also offers Corporate Banking, Private Banking, Asset Management and Treasury services. The Bank's high-caliber management team is comprised of highly qualified and internationally experienced professionals with proven expertise in key areas of banking, finance, and related fields.

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