About

"Driven By Challenge " Burgan Bank, established as a public shareholding company in 1977, is the youngest commercial bank in the state of Kuwait and now the country’s fourth largest bank with assets of KD 1.7 billion (US$ 5.8 billion). 1997 was a turning point for Burgan Bank when ownership was dramatically changed in a privatization process. KIPCO, the largest holding company in Kuwait ,is now Burgan Bank’s largest single owner. The change in ownership structure paved the way for a natural progression in strategic focus and management style. Within this framework, the Bank underwent a fundamental re-engineering process with its commitment toward introducing best practice in areas important to its culture of providing value. Burgan Bank has been in the forefront of introducing innovation with stakeholder care. Burgan Bank has achieved its leading role in the Retail, Corporate, Private and Investment Banking sector through its innovative product offering and advanced technology delivery channels. Burgan Bank's sustained improvement in performance over the years is supported by diversified revenue structure, good asset quality, diversified funding sources and strong capital base. State of the art service and pioneering technology utilization has positioned the bank as a trendsetter in the domestic market. ...Show less