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This article is currently offline. >> 05-03-2014

The Board of Directors of Al Salam Bank-Bahrain is pleased to inform the shareholders that the dividend cheques will be ready for collection as of Sunday 16th March 2014. Shareholders who were registered in the shareholding registry by end of trading date 3rd March 2014 (settlement date 5th March 2014) are eligible to receive the dividends and are requested to contact the Bank’s registrar Fakhro Karvy Computershare to receive their dividends for the year ended 31 December 2013. The shareholders have approved during the Annual General Ordinary Meeting held on 3 March 2014 on the Distribution of dividends of 5 fils per share or 5% of the paid up share capital.

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>> 03-03-2014
The Annual Ordinary General Assembly Meeting was held on Monday 3 March 2014, at 10:00 a.m. at Al Murjan Ballroom 1 & 2, Movenpick Hotel - Kingdom of Bahrain to discuss the agenda, which was approved by the shareholders.
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>> 03-03-2014
Al Salam Bank – Bahrain (ASBB) announced the launch of Al Salam Asia REIT Fund, the world’s first Asian REIT fund that invests along Shari’a principles. ASBB, a leading Islamic bank in the Kingdom of Bahrain, will be the sponsor and seed investor for the Fund. The Shari’a-compliant fund will be managed by B&I Capital AG, a pioneer in Asian REIT investments.
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>> 18-02-2014
HH Shaikha Hessa Bint Khalifa Al Khalifa, Chairperson of Al Salam Bank-Bahrain and INJAZ Bahrain Executive Director hosted a Roundtable discussion with the Lord Mayor of the City of London, Alderman Fiona Woolf, currently visiting the Kingdom.
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>> 02-02-2014
Al Salam Bank Bahrain BSC (ASBB) and Bahraini retail and commercial banking institution, BMI Bank B.S.C. (c), concluded their business combination after the shareholders of both entities approved the business combination in their respective extraordinary general assembly meetings, and to start issuing new shares to increase Al Salam Bank’s capital by issuing 643,866,927 new ordinary shares at the value of 100 fils per share for BMI Bank’s shareholders, as per the resolutions taken by their EGMs.
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>> 02-02-2014
For the year ended 31 December 2013, Al Salam Bank, Bahrain (ASBB) posted a net profit of BD12.4 million, an increase of 20% over BD10.3 million achieved in 2012.
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>> 12-12-2013

In recognition of the initiative of HRH Princess Sabeeka Bint Ebrahim Al Khalifa, the wife of His Majesty the King and President of the Supreme Council for Women, to highlight the Bahraini women’s role and contribution to the community and her right for equal opportunity in all programs and activities, Al Salam Bank-Bahrain celebrated last Thursday 12 December 2013, the Bahraini Women’s Day and National Day under the auspices of the Chairperson H.H. Shaikha Hessa Bint Khalifa Al Khalifa attended by all female employees of the Bank and the executive management.

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>> 23-10-2013

H.E. Mr. Abdulla Hassan Saif, Advisor to H.R.H. the Prime Minister for Economic Affairs has attended the launching of a new waste-to-biodiesel plant in Hong Kong. The new plant is operated by ASB Biodiesel, a Hong Kong-based company that has H.E. Mr. Saif as its Chairman and is owned by various investors led by Al Salam Bank - Bahrain. Hong Kong Financial Secretary John Tsang Chun-wah officially opened the plant by unveiling a plaque at the ceremony. The new plant is capable of processing waste oils into 100,000 tons of biodiesel annually.

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>> 09-10-2013
Al Salam Bank-Bahrain (ASBB) shareholders held their Extraordinary General Assembly meeting and approved by an overwhelming majority the Board of director’s recommendation to merge the Bank with BMI Bahrain through exchange of ASBB shares.
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>> 29-09-2013

NOTICE TO THE SHAREHOLDERS

The Extraordinary General Assembly Meeting (EGM) of the shareholders scheduled for 26 September 2013 did not take place due to want of quorum. A second meeting is being held on 8 October 2013 to consider the proposed business combination with BMI.

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