Al Salam Bank Bahrain (ASBB) announced that it had recently signed a Memorandum with the Labor Market Regulatory Authority (LMRA). The agreement authorizes the bank to collect fees on behalf of the LMRA at its Seef district and City Centre Mall branches, as well as at all branches of Bahraini Saudi Bank (BSB), a subsidiary of ASBB.

The memorandum was signed at the LMRA’s premises by Mr. Ali Radhi, Chief Executive Officer of LMRA and Mr. Yousif Taqi, Director and Chief Executive Officer of ASBB. Also present at the ceremony were a number of senior officials from the LMRA, BSB and ASBB.