Colors: Blue Color

Al Salam Bank-Bahrain (“ASBB”) (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) reported a net profit attributable to shareholders of US$10.6 million in the fourth quarter of 2019 compared to US$13 million in the fourth quarter of 2018, a variance of 20% and a corresponding earnings per share at US cents 0.48 compared with US cents 0.61 per share for the same period of 2018.

Western Union, a leader in cross-border, cross-currency money movement and payments, has extended its long-standing relationship with Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company. The two companies have strengthened their tenured relationship for another seven years reinforcing their commitment to customers in the country to connect them to their loved ones around the world.