Saturday , November 25 2017

Tag Archives: Burgan Bank

Burgan Bank in early talks for $350m loan refinancing – New transaction could have three-year tenor

DUBAI, Nov 5, (RTRS): Kuwait’s Burgan Bank, the country’s third largest lender by assets, is in early discussions with banks for the refinancing of a $350 million loan due in December, sources familiar with the matter said on Sunday. The bank raised the original debt facility in 2015 with a …

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Burgan Bank dedicates six branches for special needs customers – Lender in full compliance with new banking guidelines set by CBK

KUWAIT CITY, Aug 28:  Burgan Bank, a dynamic and progressive financial institution with a firm customer-centric approach, is pleased to announce the activation of a comprehensive plan to accommodate the financial requirements of its special needs customers. Catering to all segments of society, Burgan Bank’s latest offerings ensure a banking …

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Burgan Bank signs deal to finance Dubai’s Cityland Mall – Landmark transaction solidifies bank’s position as regional financial powerhouse

KUWAIT CITY, July 22: Burgan Bank is pleased to announce that it recently concluded a strategic deal committing to finance Dubai’s Cityland Group’s flagship retail project — Cityland Mall in the tune of $ 94.24 million. The landmark transaction, enabled by a consortium of banks, will accomodate the ongoing project …

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Burgan Bank announces 2017 first half earnings – Group reports net income of KD 38.9 million

KUWAIT CITY, July 20: Burgan Bank Group announced today its first half earnings of financial year 2017. The selective and prudent growth approach amid regional operating environment complexities, continues to yield good results, and reflects solid operating capabilities & efficiencies. Reported net income grew by 24% reaching KD 38.9 million …

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Burgan Bank celebrates ‘Workplace Posture Week’ – Bid to promote wellness among employees

KUWAIT CITY, May 30: Burgan Bank, a lead contributor to progress in society, celebrated ‘Workplace Posture Week’ to raise awareness about the importance of maintaining a proper posture in the interest of optimal health. The week-long awareness initiative, under the umbrella of ‘Employee Health and Fitness Month, took place between …

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Burgan Bank opens 2nd branch in Fahaheel – Bank honors commitment to Fahaheel residents

KUWAIT CITY, May 20: Burgan Bank announced today that it recently inaugurated its second branch in Fahaheel. The new location is conveniently positioned to ensure that customers residing in Fahaheel and surrounding areas gain easier access to conduct their financial transactions. The newly inaugurated branch expands the Bank’s network to …

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‘Burganers Development Program’ welcomes new batch – Burgan Bank’s training acts as comprehensive initiation of career in banking

KUWAIT CITY, April 25: Burgan Bank announced the start of its periodic staff training and development module: “Burganers Development Program”. The program, which caters to new batches of recruits, focuses on providing well-rounded training and professional preparation and acts as a comprehensive initiation of a career in banking. The program …

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Burgan Bank celebrates 40th anniversary at town-hall meeting – Employee event opens floor for interactive two-way dialogue to ensure engagement

KUWAIT CITY, April 22: Burgan Bank celebrated its annual employee town-hall gathering this year and highlighting four decades of continued success across the board. The annual corporate event which was held on April 19th, commended employees’ continued contributions towards the success of Burgan Bank which was, at its establishment in …

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Burgan Bank holds AGM and Shafafiyah Forum

Board of Directors approves 5 pct cash dividend, 5 pct in bonus shares KUWAIT CITY, March 29: Burgan Bank held its Ordinary and Extraordinary General Assembly meeting and Al Shafafiya Investors forum on Tuesday at the KIPCO Tower, wherein the Board of Directors presented the bank’s financial earnings report for …

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Burgan Bank’s AGM and Shafafiyah Forum to be held on March 29

Bank to present business review for 2016 and earnings forecasts for 2017 KUWAIT CITY, March 25: Burgan Bank announced today that its Annual General Assembly meeting of shareholders will be held on March 29, at 12:00 pm at the KIPCO Tower — 56th floor. As part of its corporate philosophy …

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