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Al Salam Bank wins award for Milton Gate acquisition
Thursday, November 05, 2009 4:03 AM


(Source: Middle East Company News)trackingAl Salam Bank, Bahrain BSC (the 'Bank') has won the International Real Estate Financing Summit - Middle East (IREF ME 2009) 'Award of Excellence for Outstanding Achievement in Islamic Real Estate Product Innovation'. The prestigious award was received by EVP and Head of Europe, Mohammed Paracha, at a Gala Dinner held in London last night.

Note: Headquartered in the Kingdom of Bahrain, Al Salam Bank- Bahrain (B.S.C.) is a dynamic, diversified and differentiated Islamic bank. Incorporated on 19 January 2006 in the Kingdom of Bahrain with a paid-up capital of BD120m ($318m), Al Salam Bank- Bahrain B.S.C. commenced commercial operations on 17 April 2006. The Bank operates under Islamic principles in accordance with regulatory requirements for Islamic banks set by the Central Bank of Bahrain. The Bank's high-caliber management team comprises highly qualified and internationally experienced professionals with proven investment expertise in key areas of banking, finance and related fields. Management and staff are supported by a world-class Information Technology (IT) infrastructure and the latest 'smart' working environment.Al Salam Bank-Bahrain is committed to adopting internationally recognized standards and best practices and operates with the highest levels of integrity, transparency and trust. The Bank is equally committed to its role as a concerned corporate citizen, actively seeking ways to contribute and add value to the social and economic well-being of the local communities in which it invests and operates.For further information, please contact:Adnan Al Shaikh T: +973 39336900orSuhair Al AjjawiManagerCorporate CommunicationsP O Box 18282ManamaKingdom of BahrainTel: +973 17560000Dir: +973 17560090Fax: +973 17560003

(c) 2009 Middle East Company News. Provided by ProQuest LLC. All rights Reserved.

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