Al Salam Bank Group Launches Integrated 'Recovery and Growth Program' to Support Corporates and SMEs

TDT | Manama

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Al Salam Bank Group has announced the launch of the Recovery and Growth Program, a coordinated, groupwide initiative designed to support corporate and SME clients impacted by the recent regional developments, while reinforcing the group’s commitment to stability, continuity, and the financial resilience of clients. Bringing together the combined capabilities of Al Salam Bank, Solidarity Bahrain, and ASB Capital, the Recovery and Growth Program delivers an integrated support framework designed to address the challenges faced by clients, including business disruption, supply chain pressures, and changing market dynamics. Delivered through a unified group approach, the program aims to provide bespoke support while enabling recovery and long-term financial resilience through a comprehensive suite of solutions spanning banking, takaful, and financial advisory.

Under the Recovery and Growth Program, Al Salam Bank will offer flexible banking solutions, including targeted rescheduling and liquidity support, aimed at easing financial pressures and supporting financial continuity. Solidarity Bahrain will provide takaful advisory and solutions assisting clients to review and strengthen their insurance coverage, safeguard assets, navigate claims, and establish a structured path to recovery and long-term protection. In parallel, ASB Capital will deliver financial and investment advisory, enabling clients to stabilize their financial positions, restructure their holdings, and build sustainable long-term growth strategies. Together, these offerings form an integrated support model designed to address the full spectrum of client needs from immediate relief and protection to financial recovery and future growth.

Commenting on the launch, Anwar Murad, Deputy Group CEO Banking at Al Salam Bank, said: “The banking solutions offered under the Recovery and Growth program are designed to address the specific financial pressures corporates and SMEs are currently experiencing. Through targeted financing rescheduling, liquidity support, and trade finance solutions, Al Salam Bank is committed to providing its clients with the financial foundation required to maintain operational continuity and progress towards recovery.”

Ahmed Saif, Group Chief Strategy Officer at Al Salam Bank, said: “In times of uncertainty, the role of financial institutions extends beyond transactions. At Al Salam Bank Group, we are committed to supporting clients by offering meaningful and coordinated support. Through the Recovery and Growth Program, and backed by ASB Capital’s DCM, ECM, and investment banking track record, ASB Capital is ready to support clients with bespoke financial advisory solutions to optimize their standing and prepare for long-term recovery and growth.”

Jawad Mohammed, Chief Executive Officer of Solidarity Bahrain, added: “Optimized insurance coverage plays a fundamental role in achieving financial stability, particularly during periods of challenges and rapidly changing economic conditions. Through this initiative, we are committed to ensuring that customers receive specialized advice, appropriate insurance coverage, and the necessary support to enable them to protect assets, mitigate potential risks, and maintain business continuity with efficiency and confidence. We also strive to raise awareness about the importance of proactive planning and risk management, helping customers make informed decisions that support their financial stability and empower them to face future challenges with greater resilience and flexibility.”

The launch of the Recovery and Growth Program underscores Al Salam Bank Group’s role as an integrated financial platform, capable of delivering coordinated solutions that go beyond traditional banking. By combining financial relief, protection, and advisory within a single framework, the group is reinforcing its commitment to supporting clients through complex economic conditions.