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Source:
أخبار الخليج
Source: أخبار الخليج
22 Hrsأخبار الخليج
Source: أخبار الخليج
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Al Salam BankAchieved its highest semi-annual profit in history during the first half of 2026, driven by diversification of income sources and profits from various activities such as asset management, Takaful (Islamic insurance), and fees. Additionally, ASB Capital’s assets expanded to over $10 billion in less than two years since its establishment. The bank strongly supports the merger project between Bank of Bahrain and Kuwait and National Bank of Bahrain, calling on both parties to reach a balanced agreement that serves the interests of the banking sector and the national economy. Emphasis is placed on the importance of a larger size to enhance competitiveness and fund major projects. The bank underscores the urgency of completing the merger processes promptly to avoid value erosion and supports measures that ensure job protection and institutional integration. It affirms that this merger is a strategic move to strengthen the Bahraini banking sector’s position regionally and internationally, contributing to the creation of larger and stronger entities capable of facing future challenges.
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