Burgan Bank Advances Corporate Banking with New Digital Trade Finance Milestone

Further strengthening its corporate banking offering and suite of smart banking solutions, Burgan Bank has announced the launch of enhanced digital trade finance services on its TBS Online platform. The new solution allows corporate clients to issue and amend Letters of Credit (LCs) and Letters of Guarantee (LGs) entirely online, eliminating paperwork and accelerating transaction turnaround times.

This advanced offering represents a significant step in the Bank’s digital transformation journey, reinforcing its commitment to innovation, operational efficiency, and client-centric banking. By streamlining trade finance processes, Burgan Bank is enabling businesses across Kuwait and the wider region to operate with greater speed, flexibility, security, and confidence.

“This milestone reflects Burgan Bank’s commitment to digital innovation while continuing to play a pivotal role in financing projects that drive Kuwait’s economic growth,” said Mr. Mohammad Najeeb Al-Zanki, General Manager – Corporate Banking at Burgan Bank. “By combining digital transformation with strategic financing, we reaffirm our position as a trusted partner for businesses in Kuwait and neighboring markets.”

In parallel with its digital achievements, Burgan Bank remains actively involved in financing strategic projects that contribute to national development. The Bank has supported major housing, healthcare, and infrastructure initiatives, extended financing to leading companies in the oil, energy, and utility sectors, and actively participated in landmark syndication deals. Its portfolio also includes financing for residential development projects aimed at expanding affordable housing, as well as select regional initiatives.

Looking ahead, Burgan Bank remains committed to introducing further enhancements that will transform the way corporate clients engage with their banking services. Upcoming developments will focus on expanding the Bank’s suite of innovative digital solutions with an emphasis on efficiency, security, and convenience. By integrating advanced digital solutions with strong financing capabilities, Burgan Bank seeks to enable corporate clients to expand operations and enhance efficiency, while contributing to the national development goals of Kuwait Vision 2035.