Bahrain’s Al Salam Bank brings out online platform for its corporate clients

By Amirtha P S, Desk Reporter
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Bahrain-based Islamic bank, Al Salam Bank is launching its corporate banking online platform, enabling corporate clients to process their daily financial transactions online through a fully digital interface. 

The online platform, fully developed by a skilled innovation team of young Bahraini nationals at Al Salam Bank, comes with advanced features to accelerate business operations, with an easy-to-use interface.

The platform enables corporate clients to view the bank’s products and services, conduct various transactions like processing intra-bank, local and international payments, employee payroll, statement requests as well as initiate Wakala Deposit investments in a single click.

The corporate and business banking customers utilizing the platform will also get benefit from a host of other features, including unlimited daily approvals on platform-initiated transactions, settlement of bills, checkbook issuance requests and the subsequent receipt of full-fledged reports outlining activities concluded online.

Anwar Murad 
Anwar Murad 
Deputy CEO
Al Salam Bank

“We continue to develop our products and services with an innovative outlook to best serve our existing and new clients. As such, we are pleased to announce a completely new banking platform that will facilitate corporate transactional needs through a fully digital interface, in turn eliminating the need for branch visits. We are extremely proud of our Al Salam Bank Bahraini team who have developed this platform as the latest addition to the roster of digital innovations, and we take this opportunity to commend the exceptional team effort in launching this platform.”

Mr. Ahmed Murad, Head of Corporate Banking at Al Salam Bank, stated, “We are pleased to introduce the newly developed platform to our corporate business banking clients. Upon registering for this comprehensive digital platform, our corporate customers will have access to a range of online features, ultimately assisting them with efficient and convenient business operations. What distinguishing our platform is the pace and urgency at which it affects customers, workers, and businesses.” 

Al Salam Bank 

Headquartered in Bahrain, Al Salam Bank is licensed and regulated by the Central Bank of Bahrain. The bank offers a comprehensive range of innovative and unique Shariah-compliant financial products and services through its extended network of branches and ATMs. In addition to its retail banking services, it also offers corporate banking, private banking, investment as well as treasury services.

Related: Saudi’s Penny Software to offer Mastercard Track Business Payment Service in MENA region

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