 | |
Native name | بنك برقان |
|---|---|
| Company type | Public |
| KSE:BURG | |
| ISIN | KW0EQ0100077 |
| Founded | 27 December 1975 |
Burgan Bank, established 27 December 1975, is a Kuwaiti bank headquartered in Kuwait City. It is Kuwait's second largest conventional bank by assets.[1] It is a subsidiary of Kuwait Projects Company Holding and operates a network of 24 branches and over 100 ATMs. In 2007, Burgan Bank recorded a profit of 74.8 million Kuwaiti Dinars, up 34% since the previous year, where they had a profit of 55.7 million Kuwaiti dinar.[citation needed]
As of 2019 Raed Al Haqhaq was the CEO of the bank.[2]
On 23 December 2012, Burgan Bank acquired, from Eurobank, a 70% stake in Tekfenbank, which is a Turkish bank in Cyprus.[3]
