Burgan Bank

Burgan Bank is one of Kuwait’s leading conventional banks, known for its strong regional presence, customer-focused innovation, and solid financial performance. Established in 1977, the bank operates as a subsidiary of Kuwait Projects Company Holding (KIPCO), one of the largest diversified holding companies in the Middle East and North Africa. Over the years, Burgan Bank has built a reputation for reliability, efficiency and forward-thinking financial services, positioning itself as a key player in the Kuwaiti and regional banking landscape.

Vision, Mission and Values

Vision: To be the most dynamic and innovative financial institution in Kuwait and across the region.

Mission: To deliver superior value to customers, shareholders and employees through continuous innovation, operational excellence and responsible banking practices.

Core Values: Integrity, Customer Centricity, Excellence, Accountability, and Teamwork.

Historical Background

Since its founding, Burgan Bank has grown steadily, expanding both its domestic and international footprint. The bank’s success has been driven by strong management, prudent risk control and a customer-first approach. Through strategic acquisitions and partnerships, Burgan Bank has developed a network of subsidiaries and affiliates in key regional markets, including Turkey, Algeria, Iraq and Tunisia.

Regional Network and Subsidiaries

Burgan Bank’s regional footprint is supported by its subsidiaries:

• Burgan Bank Turkey (formerly Eurobank Tekfen)
• Gulf Bank Algeria (AGB)
• Bank of Baghdad
• Tunis International Bank (TIB)

This network forms one of the largest regional banking groups headquartered in Kuwait, offering clients a diversified range of services and access to cross-border opportunities.

Products and Services

Burgan Bank serves a broad range of customers through four core business divisions:

• Retail Banking: Comprehensive personal banking services including accounts, loans, cards, deposits, and mobile banking solutions.
• Corporate Banking: Tailored financing solutions for SMEs and large corporations, including project finance, trade finance, and treasury support.
• Investment Banking and Treasury: Asset management, capital market services, and risk management tools designed to meet institutional and corporate needs.
• Private Banking: Wealth management and advisory services for high-net-worth individuals.

The bank’s digital banking platforms are recognised for their convenience, security and innovation, offering clients a seamless experience across channels.

Leadership and Governance

Burgan Bank’s leadership team is composed of experienced professionals committed to sound governance and sustainable growth. The Board of Directors and executive management uphold principles of transparency, accountability and innovation in line with international best practices. The bank’s long-term partnership with its parent company, KIPCO, provides strong backing and strategic alignment with broader regional development goals.

Financial Strength

Burgan Bank ranks among the top financial institutions in Kuwait in terms of assets and profitability. Its disciplined approach to lending, combined with diversified income streams from regional subsidiaries, ensures consistent financial stability. The bank maintains a robust capital adequacy ratio and a strong liquidity position, reflecting its commitment to sustainable performance and prudent risk management.

Digital Transformation

Embracing innovation is central to Burgan Bank’s strategy. The bank continues to invest heavily in technology to enhance customer experience and operational efficiency. Its mobile banking app, digital onboarding services, and online customer support reflect a commitment to making banking simpler and more accessible. By integrating data analytics and automation, Burgan Bank aims to lead the way in Kuwait’s digital banking evolution.

Corporate Social Responsibility

Burgan Bank is actively engaged in supporting Kuwait’s social and economic development. Its CSR initiatives focus on youth empowerment, health, education, and environmental sustainability. Through partnerships with non-profit organisations and community programmes, the bank contributes meaningfully to Kuwait’s Vision 2035 and promotes inclusive growth.

Market Position

Burgan Bank stands out as one of Kuwait’s most dynamic and regionally connected financial institutions. Its diversified operations, strong governance, and focus on digital transformation position it as a trusted partner for individuals, businesses and investors across the region. With a forward-looking approach and a deep commitment to customer satisfaction, Burgan Bank continues to play a pivotal role in driving Kuwait’s banking innovation and regional financial integration.