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Burgan Bank (S.A.K.) (Kuwait)

Main Activities: Commercial Banking
Full name: Burgan Bank (S.A.K.) Profile Updated: November 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Burgan Bank S.A.K. is a public shareholding company incorporated in the State of Kuwait by law decree dated 27 December 1975. The company is engaged in offering retail and commercial and investment banking services. Its retail banking offers accounts, loans, cards, remittances and other related services, while its corporate unit offers banking solutions to local markets and small businesses including letters of credit, letters of guarantee, overdrafts and business loans, industrial activity financing, project financing, supply contract financing and civil contract financing. The investment unit provides investments and new issues services, and also provide treasury services that cover foreign exchange, money markets and corporate sales, in addition to online banking, Islamic funds and international banking services.

Headquarters
Abdullah Al Ahmad Street Block 1 - Burgan Bank Building, Plot 21 Sharq, P.O Box 5389 Safat
Kuwait City; Al-Asimah / Capital Governorate; Postal Code: 12170

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Website: http://www.burgan.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1975
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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61.8%
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15.01%
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7.44%
Subsidiaries
Burgan Bank A.S. (Turkiye)
99.71%
Tunis International Bank (Tunis Capital) (Tunisia)
86.7%
Algeria Gulf Bank S.P.A. (Algeria)
86.01%
Company Performance
Financial values in the chart are available after Burgan Bank (S.A.K.) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KWD. Absolute financial data is included in the purchased report.
Net interest income
-8.55%
Operating profit (EBIT)
-9.89%
Net Profit (Loss) for the Period
-16.46%
Total assets
3.63%
Total equity
5.65%
Total Assets Trend
2.34%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-10.39%
Loans to Asset Ratio
-1.65%

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