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Shamil Bank honors staff
- Bahrain: Saturday, July 26 - 2008 at 15:22
- PRESS RELEASE
Shamil Bank, a leading Bahrain-based Islamic commercial and investment bank and a wholly-owned subsidiary of Ithmaar Bank, honored six of its employees at its quarterly 'Employee of the Month' awards ceremony held at the Bank's headquarters in the Seef District.
The outstanding employees received certificates of appreciation as well as cash awards from Ahmed A. Rahim, Deputy Chief Executive, Shamil Bank
The staff who received this quarter's 'Employee of the Month' Award are Abdulla Mustafa Amer, Retail Banking Department; Ahmed Abdulwahab Al Balushi, Information Technology Department; Aesha Ahmed Al Manea, Banking Operation Department; A. Jalil Al Aradi, Retail Banking Department; Hassa'an Ghulam Maaroof, Banking Operation Department and Mohammed Abdulamir, Retail Banking Department.
The above staff met the following criteria to become eligible for Shamil Bank's 'Employee of the Month' Award: demonstrating an increase in sales volume for deposits, Mudarabha or Islamic Financing; enhancement of profit incentive; initiating successful costs reduction practices and displaying exceptional performance through maintaining extraordinary efforts.
"As a Bahrain-based bank we are extremely proud of our accomplished Bahraini staff who are forging promising careers for themselves in the banking industry. Our quarterly 'Employee of the Month' awards ceremony provides the management with a forum from which to express our appreciation to our staff and reward them for their outstanding performance and work ethic," said Ahmed A. Rahim, Deputy Chief Executive.
As of July 2008 Bahraini nationals make up ninety per cent of Shamil Bank's employee base, reiterating the Bank's commitment to developing talented young individuals within the Kingdom.
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Notes and media contacts
About Shamil BankShamil Bank is a Bahrain-based Islamic retail bank licensed and regulated by the Central Bank of Bahrain, with commercial and investment banking activities. It has grown steadily to become one of Bahrain's leading financial institutions.
Shamil Bank provides a diverse range of products and services that cater to the financing and investment needs of individuals and institutions. Conducting its business in compliance with the principles of Sharia, it operates a network of local branches and maintains a presence in overseas markets through its subsidiaries, associated and affiliated companies.
Shamil Bank is a wholly owned subsidiary of Ithmaar Bank BSC, a full service investment bank.
About Ithmaar banking group
The Ithmaar banking group consists of: Ithmaar Bank, Shamil Bank, Solidarity (an Islamic insurance company), Faisal Private Bank (Switzerland), Faysal Bank Limited (Pakistan), First Leasing Bank and Ithmaar Development Company. The group's services, including investment, private, retail, and commercial banking, private equity, mergers & acquisition advice, takaful, leasing, and real estate development, form a 360 degrees value chain that embraces the entire spectrum of banking and financial services.
For further information please contact:
For further information, please contact Sharaf Khawaja, Director, Group PR and Corporate Communications, Ithmaar Banking Group +973 36777009
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