Burgan Bank Announces Its Diamond Sponsorship of New Kuwait Summit 2019

Burgan bank has announced that it will be the Diamond Sponsor of the New Kuwait Summit 2019. The event, held under the auspices of H.H. the Prime Minister Sheikh Sabah Al Khaled Al Sabah, will take place on December 10-11. Burgan Bank, under the umbrella of KIPCO, will be participating in the summit, titled ‘Steering Kuwait towards a better tomorrow’ alongside other subsidiaries Gulf Insurance Group and Qurain Petrochemical Industries Company.
The summit seeks to present a platform from which the world can view Kuwait, as it will attract insightful debate and information around the seven pillars identified in the National Development Plan, namely Kuwait’s global position, infrastructure, human capital, public administration, healthcare, economy and living environment.
Speaking on the occasion, Mr. Masoud Hayat, Burgan Bank Vice-Chairman and Group CEO, said: “Burgan Bank is delighted to be supporting this nation’s vision, New Kuwait 2035, through this sponsorship. In order to realize this vision, it is vital to bring together all stakeholders so that they may engage and create partnerships that will serve to propel Kuwait forward and realize its potential. The panels will be an opportunity to shed light on the efforts of the government and the public sector and outline the instrumental role that
the private sector will play in the National Development Plan, which holds the keys to a prosperous future for our future generations” in conjunction with His Highness the Amir's aim to transform Kuwait into a ‘financial and commercial’ hub.”
Background Information
Burgan Bank
Established in 1977, Burgan Bank is the youngest conventional Bank and second largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, and private bank customer base. Burgan Bank has majority owned subsidiaries in the MENAT region supported by one of the largest regional branch networks. which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.