Burgan Bank, established 1977, is
Kuwait's second largest conventional bank by assets. It is a subsidiary of
Kuwait Projects Company Holding and operates a network of 24 branches and over 100 ATMs. Burgan is one of the youngest banks in Kuwait. Burgan Bank recorded a profit of 74.8 million
Kuwaiti Dinar
The Kuwaiti dinar ( ar, دينار كويتي, code: KWD) is the currency of Kuwait. It is sub-divided into 1,000 fils.
As of 2022, the Kuwaiti dinar is the currency with the highest value per base unit, with KD 1 equalling US$3.32, ahe ...
s for the year 2007, up 34% from 55.7 million in 2006.
Ahmad Al Abdullah Al Sabah
Ahmad Al Abdullah Al Sabah (born 5 September 1952) is a Kuwaiti politician and a member of the ruling family, Al Sabah.
Early life and education
Sabah was born on 5 September 1952. He received a bachelor's degree in finance from the University ...
is one of the former chairmen of the bank.
On 23 December 2012, Burgan Bank acquires from
Eurobank a 70% stake in Tekfenbank, which is a Turkish bank in
Cyprus
Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is geo ...
.
References
External links
Official websiteKipco page
{{DEFAULTSORT:Burgan Bank
Companies listed on the Boursa Kuwait
1977 establishments in Kuwait
Banks established in 1977
Banks of Kuwait