"The event constitutes a good opportunity for both new students and those who are about to graduate to explore potential career opportunities," Muna Al Balooshi, the Bank's Human Resources Manager said.
"During the three days, the Bank as a sponsor and one of the major participants has set up a dedicated stand to receive and advice students who are interested in a career in the banking sector," Al Balooshi said.
"Al Salam Bank-Bahrain believes that reputable academic institutions such as the University of Bahrain are making invaluable contribution to the local market as they produce qualified resources to meet the demands of the competitive and dynamic financial and other employment sectors, and that the students of today the future leaders of our economy," she noted, adding that "for this purpose we are always eager to join hands with such reputable institution and participating in such events."
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Al Salam Bank-Bahrain sponsors UoB's Career Day
- Bahrain: Wednesday, March 25 - 2009 at 09:27
- PRESS RELEASE
Al Salam Bank-Bahrain, in its continued endeavor to fulfill its duty towards Corporate Social Responsibility, has again committed to one of the renowned national activities organized by the University of Bahrain by sponsoring the University's Career Day being held between 23 and 25 March 2009.
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Notes and media contacts
Al Salam Bank-Bahrain: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 Initial Public Offering, comprising 35% of the paid-up capital, raised over BD2.7bn ($7bn) and was the largest IPO in the Kingdom's history. Al Salam Bank-Bahrain was listed on the Bahrain Stock Exchange on 27 April 2006, and subsequently on the Dubai Financial Market on 26 March 2008.
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.
The Bank reported a net profit of BD25.5m($67.6m) for the year ended 31 December 2008, up from BD23.1m ($61.3m) reported in 2007. The Bank's total assets at 31 December 2008 reached BD554m ($1,470m) from BD398m ($1,056m) at 31 December 2007.
For further information, please contact:
Adnan Alshaikh
Senior Manger
Corporate Communications
Tel: +973 17560166
Fax: +973 17560003
Posted by Rana MesbahWednesday, March 25 - 2009 at 09:27 UAE local time (GMT+4)
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