Burgan Bank wins “Best Private Bank in Kuwait 2012” award by Capital Finance International
Press release
Al Bawaba
Burgan Bank announced today that it has received the coveted “Best Private Bank in Kuwait” award by Capital Finance International, one of the world’s leading journals on banking and finance which provides news, analysis and commentary on emerging markets.
The award comes in recognition of the nominations and referrals that Burgan Bank continued to receive, along with its continuous commitment towards implementing international best practices to ensure the delivery of a trusted premium private banking services to its clients.
Mones Bazzy, Head of Private Banking, General Manager at Burgan Bank said: “We are very pleased to have been nominated and recognized as the “Best Private Bank in Kuwait” by Capital Finance International. One of our strongest assets at the Private Banking Group in Burgan Bank is our customers’ trust. I would like to thank our customers for the trust they have in our capabilities, and our colleagues in private banking for their continuous pursuit of success. This recognition, which is based on customers’ votes, is a driving factor that motivates us to further enhance our private banking service while also maintaining our customers’ valuable trust.”
“Earlier this year, Burgan Bank won the “Best Private Bank” award by World Finance for the 2nd consecutive year. The bank, in 2007, was also awarded by Euromoney as the “Best Local Private Bank in Kuwait”. These accolades are a testament to our commitment to attain trust through excellence,” added Bazzy.
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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.
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