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MENAFN Press - 30/03/2014
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(MENAFN Press) Burgan Bank announced today that its Annual General Assembly meeting for shareholders will be held on 31 March 2014 at 12:00 PM at the Chairman's Club “ Burgan Bank Tower.



As part of its corporate philosophy of advocating transparency with its investors, Burgan Bank will hold its annual Shafafiyah forum following the AGM.



The forum will serve as a platform to highlight the main events of the year 2013 and an overall look into what 2014 has in store for its shareholders, partners, institutional investors and other members of the financial community.


About Burgan Bank
Established in 1977, Burgan Bank is the youngest commercial Bank and third largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, regional and private bank customer base.Burgan Bank has five majority owned subsidiaries, which include Jordan Kuwait Bank, Gulf Bank Algeria, Burgan Bank “ Turkey, Bank of Baghdad, Tunis International Bank, in which Burgan Bank owns a majority stake. Burgan Bank Group has one of the largest regional branch networks with more than 231 branches across Kuwait, Turkey, Jordan, Algeria, Iraq, Tunis, Lebanon and PalestineThe Bank has continuously improved its performance over the years through an expanded revenue structure, diversified funding sources, and a strong capital base. The adoption of state-of-the-art services and technology has positioned it as a trendsetter in the domestic market and within the MENA region. Burgan Bank's brand has been created on a foundation of real values “ of trust, commitment, excellence and progression, to remind us of the high standards to which we aspire. 'People come first' is the foundation on which its products and services are developed. Earlier this year, 'Brand Finance' “ the international brand valuation company- re-affirmed Burgan Bank's brand rating as AA with a positive outlook making it the highest rated banking brand in Kuwait. Excellence is one of the Bank's four key values and Burgan Bank continually strives to maintain the highest standards in the industry. The Bank was re-certified in 2010 with the ISO 9001:2008 certification in all its banking businesses, making it the first bank in the GCC, and the only bank in Kuwait to receive such accreditation. The Bank also has to its credit the distinction of being the only Bank in Kuwait to have won the JP Morgan Chase Quality Recognition Award for twelve consecutive years. 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 Awards. Burgan Bank was recognized in 2011 as Kuwait's "Best Private Bank", by World Finance. The bank also won, in 2011, the coveted "International Platinum Star for Quality" award from Business Initiative Directions, and "The Best Technical Award" from Banking Web Awards. In 2012, Global Banking and Finance Review online magazine recognized Burgan Bank as the "Best Banking Group in the MENA" as well as the "Best Corporate Bank in Kuwait". The bank also won the coveted "Best Bank Branding" award by the Banker Middle East. For the second consecutive year in 2012, Burgan Bank also won World Finance's "Best Private Bank" award, as well as the "Best Private Bank in Kuwait" in 2012 and 2013 from Capital Finance International. The bank also won the "Best Bank in Kuwait" award from EMEA Finance, along with the "Deal of the Year" award from Acquisition International. In 2013, Burgan Bank Group was named "MENA “ Bank of the Year" by Acquisition Finance Magazine and "Best Banking Group in MENA" for the second consecutive year by Global Banking and Finance Review. The bank also won the coveted "Best Domestic Retail Bank of the Year" award from the Asian Banking and Finance Magazine. Moreover, Burgan Bank also picked up the "Best Private Bank in Kuwait" for the 3rd consecutive year by Capital Finance International followed by the "Best Employee Development in GCC" award from World Finance. Burgan Bank, a subsidiary of KIPCO (Kuwait Projects Company), is a strongly positioned regional Bank in the MENA region.

 


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