publish time

26/03/2017

author name Arab Times

publish time

26/03/2017

Bank to present business review for 2016 and earnings forecasts for 2017KUWAIT 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 of advocating transparency with its investors, Burgan Bank will hold its annual Shafafiyah forum following the AGM.The forum will allow the Bank to present a business review for 2016 and earnings forecasts for 2017 to shareholders, partners, institutional investors and other members of the financial community. The Shafafiyah Forum is an annual event that is held amongst Kuwait Projects Company’s (KIPCO) subsidiaries, and reflects a strong corporate governance practice, which promotes corporate fairness, transparency and accountability.The forum provides an ideal platform to discuss financial reports and outlook as well as market predictions openly with shareholders.