Burgan Bank hosts Turkish Media Convention in Kuwait

Press release

Published April 21st, 2015 - 08:24 GMT

During the event

Burgan Bank recently hosted an exclusive media convention which consisted of meetings and activities with a number of financial Turkish media personnel and senior executive management from Burgan Bank Turkey.

A group of senior executives from Burgan Bank-Turkey accompanied Turkish media during their visit to Kuwait, who attended business forums, toured around Kuwait and discussed business opportunities with executive management from Burgan Bank Kuwait, Qurain Petrochemical Industries Company (QPIC) and KIPCO. The meetings were headed by Burgan Bank Group Chairman Majed Essa Al-Ajeel, Burgan Bank Group CEO Eduardo Eguren as well as Burgan Bank Turkey Chairman, and CEO.

The two-day meeting involved an overview on the Kuwaiti economy as well as a topline look at the group’s performance, and investments. This was through a series of presentations led by various Burgan Bank Group officials, KIPCO senior management team as well as QPIC officials.

Accompanied by the bank’s Group Corporate communications department, the Turkish media officials were introduced to the Kuwaiti culture, history, people and business operations which highlighted the development of Kuwait as a financial center in the coming few years, to boost the exchange volume and investments between both countries in the near future.

As a leading and responsible financial institution, Burgan Bank will continue maintaining a strong and close relationship with key financial media personnel across the region. It is worth mentioning that Burgan Bank -Turkey is backed by a clear cut strategy that focuses on the upside geo-economic growth potential Turkey provides, along with the benefits of the bank's wider group synergies across Kuwait, Jordan, Turkey, Algeria, Iraq, Tunisia and Lebanon.

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.