Al Salam Bank's ONE App Wins Top Digital Award

In a significant achievement for Al Salam Bank and the digital banking sector, the ONE App has been awarded the 'Best Project for Digital Transformation' at the 2025 eGovernment Excellence Awards. This accolade underscores the app's transformative impact on Bahrain's financial landscape, setting new standards for digital banking solutions.

Since its launch, ONE App has distinguished itself as a comprehensive digital platform that seamlessly integrates banking services, financial planning, investments, and lifestyle features. The app's advanced architecture, powered by artificial intelligence and cloud computing, ensures a smart and flexible approach to money management without requiring users to change their primary bank.

The app's success is evident in its impressive adoption rates, boasting over 50,000 downloads and processing more than 100,000 digital financing applications within the first five months. By leveraging over 400 internal and external APIs and incorporating open banking technologies, ONE App offers a hyper-personalized, real-time financial experience tailored to individual client behaviors and preferences.

Mr. Haitham Al Haddad, General Manager of ONE App, emphasized the app's role in redefining the delivery of financial services through cutting-edge technology. He stated, 'ONE App is not just a digital channel; it is a comprehensive initiative that reshapes the relationship between individuals and their financial needs. We are proud to receive this esteemed award, which is a testament to the collective efforts of our teams in turning vision into reality within a record time of just 12 months.'

This recognition highlights Al Salam Bank's leadership in financial innovation and reinforces its strategic vision of being at the forefront of sustainable digital transformation within the local and regional banking landscape. The bank's commitment to digital excellence is evident in its ongoing efforts to evolve ONE App as an innovative and inclusive platform that supports clients' ambitions and adapts to market advancements.

For investors, the award and the app's success signal a positive trajectory for Al Salam Bank. The bank's focus on digital transformation and customer-centric solutions positions it well for future growth. However, given the competitive nature of the banking sector and the rapid pace of technological change, a 'hold' recommendation is prudent. This allows investors to observe further developments and assess the bank's ability to maintain its innovative edge.