Burgan Bank Company Profile and Benefits

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A pink piggy bank blurred in the background with stacked coins in the foreground on a white surface.
Credit: pexels.com, A pink piggy bank blurred in the background with stacked coins in the foreground on a white surface.

Burgan Bank is a Kuwaiti bank that was established in 1977. It's one of the largest banks in Kuwait.

Burgan Bank has a strong presence in the region, with a network of branches and ATMs across Kuwait and the Middle East.

The bank offers a wide range of financial services, including personal and corporate banking, investment services, and Islamic banking.

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About Burgan Bank

Burgan Bank is a subsidiary of Kuwait Projects Company Holding KSC, offering a wide range of financial products and services.

Its main activities include corporate and consumer banking, treasury and investment banking, and private banking. The bank serves various customer segments such as financial institutions, corporate and individual customers, and small and medium-sized enterprises.

Burgan Bank has a presence in several countries including Kuwait, Jordan, Algeria, Turkey, Tunisia, Iraq, and other Middle East countries, as well as Europe.

Sak: Overview

Burgan Bank SAK is a subsidiary of Kuwait Projects Company Holding KSC and provides financial products and services.

Vintage Bank Building in Kuznetsk in Russia
Credit: pexels.com, Vintage Bank Building in Kuznetsk in Russia

The bank's main activities include corporate and consumer banking, treasury and investment banking, and private banking.

It offers a range of products and services such as lending, deposits, trade services, foreign exchange, advisory services, credit and debit cards, and bespoke solutions.

Burgan Bank distributes its products through a network of branches and subsidiaries.

The bank has a presence in various countries including Kuwait, Jordan, Algeria, Turkey, Tunisia, Iraq, and other Middle East countries, as well as Europe.

Burgan Bank is headquartered in Kuwait City, Kuwait.

Supports Kuwaiti Society

Burgan Bank is deeply committed to supporting Kuwaiti society, and it shows in the bank's various initiatives. One notable example is the bank's sponsorship of the Kuwait International Fair, which has been a beloved annual event in the country since 1958.

The bank's support for Kuwaiti businesses is another key aspect of its community involvement. By providing financing and other services to local entrepreneurs, Burgan Bank helps to stimulate economic growth and job creation.

Credit: youtube.com, Burgan Bank launches First Certificates of Deposit Program in Kuwait

Burgan Bank's commitment to education is evident in its partnerships with Kuwaiti universities and schools. The bank's scholarship programs have helped numerous students pursue their educational goals.

The bank's support for Kuwaiti society also extends to its involvement in various community development projects. These initiatives aim to improve the lives of Kuwaitis and contribute to the country's overall well-being.

Swift Code Information

You can find your Burgan Bank K.p.s.c SWIFT code on your bank statement.

Your online banking account is another convenient place to look for your SWIFT code.

It's often listed on the official Burgan Bank K.p.s.c website under banking information or help sections.

Contacting Burgan Bank K.p.s.c directly is also a reliable way to obtain your SWIFT code.

Banking Services and Contracts

Burgan Bank SAK has publicly disclosed IT services contracts that can be accessed for competitive bidding insights.

These contracts cover various areas such as IT outsourcing, business process outsourcing, systems integration, and consulting.

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Burgan Bank SAK has contracts that can be analyzed for business process outsourcing, systems integration, and consulting.

Accessing these contracts can be a valuable resource for businesses looking to partner with Burgan Bank SAK.

Financial Information

Credit: youtube.com, Burgan Bank Value Account Ad.

Burgan Bank is a Kuwaiti bank that offers a range of financial services. Burgan Bank has been in operation since 1967.

Their financial charts provide valuable insights into the bank's performance. From start-ups to market leaders, Burgan Bank has a strong presence in Kuwait.

Burgan Bank's financial information is easily accessible on their website.

Latest Updates

Burgan Bank has signed a share purchase agreement to sell United Gulf Bank (UGB) for $190 million. UGH expects the sale to be completed by March 31, 2025, subject to regulatory approvals.

Burgan Bank is expanding its retail and private banking customer base. This move will likely enhance its services and offerings to its customers.

The sale involves United Gulf Holding Company (UGH) selling its wholly-owned subsidiary UGB to Burgan Bank. This deal is expected to be completed by the end of March 2025.

Burgan Bank is a Kuwait-based conventional bank with a significant focus on the corporate and financial institution sectors.

Competitor Comparison

Credit: youtube.com, #GMEA24 Best Private Bank for HNW Clients (Burgan Bank)

Burgan Bank is one of the largest banks in Kuwait, and it's interesting to see how it stacks up against its competitors.

Burgan Bank has a significant number of employees, with 3,700 staff members as of the last update.

In comparison, Boubyan Bank has a relatively smaller workforce with 2,371 employees.

Al Ahli Bank of Kuwait also has a similar number of employees, with 2,374 staff members.

On the other hand, Commercial Bank of Kuwait has a much smaller workforce, with only 765 employees.

Gulf Bank KSCP has the smallest workforce among the competitors, with 1,052 employees.

Here's a brief comparison of the banks' headquarters and locations:

Frequently Asked Questions

Who is the owner of Burgan Bank?

Burgan Bank is owned by KIPCO, a leading holding company in the MENA region. KIPCO holds a majority stake in the bank.

How big is the Burgan Bank?

Burgan Bank's total assets as of September 2024 are $25.46 Billion USD, indicating a significant presence in the financial industry.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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