Al Salam Bank successfully closes the issuance of an additional capital of the first category at a value of $ 450 million

Peace Bank (SAMAM SAMAL Trading Code and trading code in the SALAM_Bah Financial Market) announced that it has successfully completed the process of issuing additional capital of the first category (AT1) with a value of $ 450 million, which reflects the great investor confidence in the bank’s financial strength and the long -term sustainable growth strategy. This version, which was presented in the form of a special subscription and with an advice from ASB Capital (the arm of asset management and investment banking business of the Bank of Peace Group based in the Dubai International Financial Center) with wide interest by regional and international investors.

The issuance of additional capital of the first category is a major initiative within the totalitarian group’s strategy to enhance financial efficiency, which supports its capital base and strengthens its future growth plans. After achieving standard annual growth in the market, exceeding 35% in all public budget indicators, this version was designed to improve the group’s financial capacity and enhance its capital structure.

This issue confirms the bank’s continuous commitment to promoting sustainable growth and financial flexibility, which establishes its position as a leading and varied financial group in the region. The strong demand from investors indicates the extent of the group’s ability to secure liquidity from the regional and global markets, which reflects the confidence of investors in the bank’s strategy and financial position.

It is worth noting that ASB Capital has been assigned by Al Salam Bank to provide consultations related to the process of issuance. As part of its activity in the Capital Markets, the company provides an innovative and designed group of financing solutions to meet the needs of the changing customers, taking advantage of its extensive experience in the market and its strategic partnerships. ASB Capital was recently appointed as a co -version of Bapco Energies in the first quarter of 2025 to issue its billion US dollars.

On this occasion, Rafik Al -Nayed, CEO of Al Salam Bank Group and Managing Director of ASB Capital said: “The great demand for the issuance of additional capital of the first category of $ 450 million is a testament to the financial power of Al Salam Bank and its firm credibility in the market, as well as the success and clarity of its strategic directions. 65%, as this version enhances our capitalist base and gives us greater financial flexibility to achieve our ambitious aspirations for growth.

He added, “The ability of ASB Capital to attract an increasing investment demand, despite the fluctuations of global markets, emphasizes the team’s great capabilities and high efficiency in the field of financial tools markets. By focusing on collecting capital efficiently and providing customized financing solutions, ASB Capital enables its customers to reach an extensive network of financing sources, which helps them to adapt to market variables and achieve Their aspirations for growth. Besides the Al Salam Bank issuance for an additional capital of the first category, the ASB Capital wallet in the financial tools markets includes a set of possible agreements from regional financial institutions, as these agreements include multiple areas such as sucking, additional capital instruments of the second category, joint financing, and other structural financial tools.