Burgan Bank is a regional bank with majority owned subsidiaries in the Middle East and North Africa. The youngest and most dynamic regional commercial bank, established in 1977, the Bank has acquired a leading role in the retail, corporate and investment banking sector through innovative product offers and technologically advanced delivery channels. Total assets: KD 7.15 billion (as of December 31, 2013). Net profit: KD 55.6 million (2012), KD 20.1 million (2013).
It has continuously improved its performance over the years by applying an extended revenue structure, good asset quality, diversified funding sources and a strong capital base. The adoption of state-of-the-art services and ground-breaking technology has positioned it as a trendsetter in the domestic market and within the MENA region. In 2009, Burgan Bank won the prestigious Banking Web Awards Prize in the Commercial and Corporate Category for Kuwait. In 2010 Burgan Bank was awarded with the Best Internet Banking Service award from Banker Middle East.
Burgan Bank is a subsidiary of KIPCO Group (Kuwait Projects Company Holding), one of the biggest holding companies in the MENA region.
HQ: Kuwait, State of Kuwait
Founded: 1977
ID: 1352. Updated: 04.04.2014
- Head office: Sharq, Kuwait, Abdullah Al Ahmad Street, block 1, plot 21
- Phone: +965 2298 8000, 229 88087
- Fax: +965 229 88419
- SWIFT: BRGNKWKW
- Key people: Mr Majed E. Al Ajeel (Chairman), Eduardo Eguren (CEO)
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