Burgan Bank Relocates Its Head Office and Main Branch

Burgan Bank announced the relocation of its headquarters and main branch to the new building in Abdallah al Ahmad Street in Kuwait City. The new headquarters was inaugurated under the patronage of the Governor of the Capital, Sheikh Talal Al-Khaled Al-Ahmad Al-Sabah, in the presence of Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group, Mr. Masoud M.J. Hayat, Vice Chairman and Group CEO, and Mr. Raed Al-Haqhaq, Deputy Group CEO & CEO- Kuwait, in addition to senior managers and officials from Burgan Bank and the Capital Governorate.
Burgan’s new head office has been optimized to provide a working environment that supports more effective teamwork, quality interaction and greater productivity. The modern and spacious main branch area was completely revamped to serve customers with the full range of Burgan’s top-notch services in a comfortable space that promotes greater human engagement, ensures a great banking experience, and leads to the highest level of customer satisfaction.
During the inauguration ceremony, the Capital Governor Sheikh Talal Al-Khaled Al-Ahmad Al-Sabah declared “The banking sector is one of the main pillars of improving the national economy and advancing sustainable social and economic development, and Burgan Bank is a major banking institution and a recognized leading force in Kuwait’s banking sector. It has greatly contributed to the development of fair competition and to the continuous improvement of banking products and services, thus supporting the banking sector’s efforts aiming at achieving the strategic objective of transforming Kuwait to a financial and commercial center in the region.”
Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group, said “Burgan is working steadily on confirming its leading position in the traditional and digital banking activities locally and regionally. The carefully planned strategic transformations reflect our strong commitment to provide our customers with the best banking experience through the highest quality of services, the most rewarding products, and the safest banking environment. We will continue to rely on the pillars of sustainability, digitization, and investment in employees’ development in order to closely align the Bank’s culture with its strategic objectives and to maximize value for all stakeholders.”
Commenting on the relocation, Mr. Masoud M.J. Hayat, Vice Chairman and Group CEO of Burgan Bank Group said “Moving to our new headquarters is one of many important changes to come. We are endeavoring to support the implementation of our strategy by strengthening our assets, investing in the digital transformation, in addition to enhancing a sustainable, innovative and effective corporate culture. We are confident that the new move will greatly support our growth and development objectives and facilitate the delivery of a mix of the best-in-class digital and traditional banking services and products to all our customers.”
Backed by its strategic investment in developing its employees and expanding its digital services, Burgan Bank is set to keep its promise of excellence and strengthen its position as an active driver of positive change and trendsetter in the banking sector locally and regionally.
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.