Burgan Bank Lights Up its Headquarters in Blue

Press release
Published August 28th, 2024 - 03:12 GMT

Burgan Bank
Burgan Bank

Kuwait, 28 May 2024
Burgan Bank recently lit up its headquarters in blue from May 25 to June 6, joining numerous public and private entities in the nationwide celebration of Al-Zour Refinery’s opening on May 29 under the patronage of HH the Amir of Kuwait Mishal Al-Ahmad Al-Jaber Al-Sabah. In addition to being the world’s largest grassroots refinery, Kuwait Integrated Petroleum Industries Company’s (KIPIC) mega project marks a turning point for Kuwait’s economy and its capacity for influencing the global oil and gas industry.


Commenting on the Bank’s participation in the nationwide celebrations, Ms. Hessa Hussain Al-Najadah, Senior Manager - Corporate and CSR Communications at Burgan Bank, said: “The opening of Al-Zour Refinery is a win for Kuwait’s economy and all of its respective industries., In celebration of this national milestone, we are very proud to be among many institutions in Kuwait that are lighting up their buildings in blue, which symbolizes energy. T

his unified act showcases the continuous support and importance of positive economic and social change in our community. As we stand at the forefront of the domestic banking and financial market, it is not hard to foresee the resounding positive impact that Al-Zour Refinery will have on our domestic economy and the overall development of our industry.”


Al-Najadah also underscored the importance of mega national projects such as Al-Zour Refinery, which resonate with Burgan’s unwavering commitment to the Environmental, Social, and Governance (ESG) principles. In addition to providing over 1,000 job opportunities for Kuwaiti nationals, the refinery integrates stringent green features and state-of-the-art technologies that minimize possible harm to people or the environment. These efforts include recycling and reusing wastewater, controlling emissions, monitoring the ambient air, and using smoke-free and low-noise flares.


As an engaged corporate entity, Burgan Bank remains committed to encouraging and supporting all social and economic efforts that contribute to the overall development of Kuwait’s economy and propel the country toward achieving its ambitious 2035 vision.

 

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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