Burgan Bank Renews its Sponsorship of the Kuwait Equestrian Federation Tour for the Second Consecutive Year

Burgan Bank announced that it will be sponsoring the Grand Prix of the Kuwait Equestrian Federation (KEF) Tour during the showjumping season 2022-2023, set to take place over the course of eight events at the Kuwait Riding Center (KRC) venue. The sponsorship renewal comes as part of the Bank’s comprehensive social responsibility program which focuses on promoting and reinforcing the sports culture in Kuwait for its important role in social development.
The start of the tour at the Kuwait Riding Center (KRC) venue
Burgan’s sponsorship of the KEF Tour began in 2021, in a focused effort to champion aspiring athletes and advocating for young talents in Kuwait. The Bank has especially been a keen supported of equestrian sports in general, given this sport’s strong cultural identity and its deeply-rooted heritage in Kuwait.
Commenting on the sponsorship renewal, Mrs. Kholoud Rida AlFeeli, Group Head-Corporate Communications at Burgan Bank, stated: “We take great interest in supporting and encouraging the sports culture in Kuwait and the amazing young athletic talents that shine within it. We are also keen on working with the national organizations and official bodies responsible for the development of sports in Kuwait.”
“We truly believe in our younger generations’ capacity for positive change, and sports’ role in creating a healthy, environment for them to fulfill their true potential. That’s why, at Burgan Bank, we continue to work tirelessly to empower youth through sports,” added AlFeeli. “The renewal of our sponsorship for the KEF Tour is a continuation of our strategic partnership with the League and key element of our comprehensive social responsibility strategy.”
On her part, Ms. Nabila Al-Ali, Secretary General of KEF, said: “The Kuwait Equestrian Federation is preparing to kick off the second edition of its local showjumping tour, which will include eight competitions total and feature jockeys of different ages from national equestrian clubs in Kuwait. These athletes will compete in this sport, which has recently witnessed a major revival of interest amongst the younger generations in Kuwait, and this fulfils our first goal at KEF.:
She further added: "We are proud that the success that we have witnessed in the first edition of the championship was in collaboration with several of our partners from across Kuwait’s private sector. And as per usual, Burgan Bank was quick to come on board as a main sponsor – supporting the success of the Tour, both in its first edition and now in its second. We look forward to continuing to work together in this season and upcoming ones to achieve our common goal of developing the state of sports in our beloved country.”
Burgan Bank is continuing its efforts to reinforce the sports culture in Kuwait, doing its part to push the wheel of positive change forward. The Bank’s support manifests in sponsoring sporting events and activities, as well as funding and supporting athletic talents of all ages. These efforts stem from Burgan’s commitment to its social responsibility strategy and its effective role, as a major national financial institution, in the social development movement in Kuwait.
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.