Al Salam Bank Launches "Back to School" Campaign to Encourage Education and Alleviate Burden of Academic Fees

Press release

Published February 14th, 2023 - 02:55 GMT

Al Salam Bank Launches "Back to School" Campaign to Encourage Education and Alleviate Burden of Academic Fees

Mohammed BuhijjiHead of Retail Banking at Al Salam Bank

Highlights

Al Salam Bank announced the return of its "Back to School" campaign offering year-round prizes to reward clients who pay tuition fees for kindergartens, schools, and universities both inside and outside of Bahrain, while also receiving discounts on academic fees. In line with the Bank's efforts to promote education in the Kingdom and alleviate the financial burdens of pursuing academia across all levels, the initiative also aims to support young talent in the Kingdom.

Through this campaign, Al Salam Bank will offer its Visa prepaid and credit card holders the chance to receive up to a 5% discount on fees paid using these cards, in addition to more chances to enter the draw, the higher the academic fees. During the campaign, clients will also benefit from the various benefits offered by Al Salam Bank's Visa prepaid and credit cards, including loyalty points for certain banking transactions to be redeemed for a wide range of valuable prizes, receive exclusive offers and discounts available on the Bahrain Life platform.

Commenting on the occasion, Mr. Mohammad Buhijji, Head of Retail Banking at Al Salam Bank, said: " As part of our commitment to supporting the local community through impactful initiatives, Al Salam Bank continues to support fundamental service sectors in the Kingdom of Bahrain. The "Back to School" campaign reflects our efforts to accelerate the Kingdom's educational development by encouraging the pursuit of academic achievements and alleviating their financial burdens. We also aim to provide our esteemed clients with year-round prizes, exclusive discounts, and benefits. We urge all our prepaid and credit card holders to make use of this campaign and conduct all their academic transactions using their Al Salam Bank cards to increase their chances of winning."

For more information on the Campaign, please visit the Bank's website www.alsalambank.com, WhatsApp 17005500, or book an appointment at Al Salam Bank's virtual branch via the Skiplino App.

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.