Burgan Bank Supports Kuwaiti Olympians at Budapest World Championship

Press release
Published August 21st, 2023 - 06:18 GMT

Burgan Bank
Burgan Bank

In continued efforts to support Kuwait’s top athletic talents and as part of its strategic partnership with the Kuwait Olympic Committee and its Olympic Athlete Preparation Program, Burgan Bank is sponsoring the three Kuwaiti Olympians competing at the 2023 World Athletics Championship. This includes Yaqoub Al-Youha, Mudhawi Al-Shammari, and Ebrahim Al-Dhafeeri who are all now vying for gold at the tournament currently taking place in Budapest, Hungary. 


The three Olympians, Al-Youha, Al-Shammari, and Al-Dhafeeri, have all competed in numerous worldwide championships, bringing home numerous medals. With such a notable track record of triumphs, the Olympians’ participation in the 2023 World Athletics Championship marks a new opportunity to raise the Kuwaiti flag high in front of the entire world, filling the entire nation with pride and inspiring the youth to stretch their dreams toward farther horizons.


Commenting on Burgan’s sponsorship of the Olympians, Mrs. Kholoud Redha Al-Feeli, Deputy General Manager of Marketing and Communication at the Bank, said: “We are incredibly proud of our national athletic talents and the successes they continue to achieve. Competing in a worldwide competition, let alone winning, is no easy feat; and that’s why we are committed to patronizing our home-grown champions on their journeys to athletic victory.”


“On our mission to inspire positive change across the various circles of society, it is crucial to walk side-by-side along the national changemakers and trailblazers who represent the future we aspire for as a nation,” added Al-Feeli. 


To ensure that its top talents reach their full potential and grow toward new victories, Burgan Bank’s sponsorship of the five Olympians in the Olympic Athlete Preparation Program - Amal Al Roumi, Yaqoub Al-Youha, Mudhawi Al-Shammari, Ebrahim Al-Dhafeeri, and Joud Tawfiq - extends to cover their needs all year long. This includes everything from enrolling them in the best training camps to providing them with expert coaching and ensuring that they have the needed resources to deliver their best performance. 


Stemming from its belief in the value of sports and its far-reaching impact on the development of healthy youth, Burgan Bank continues to dedicate generous resources to the flourishing of the sports sector in Kuwait. These efforts include sponsoring Kuwait’s most promising athletic talents across a number of sports, as well as establishing a series of successful strategic partnerships with numerous Kuwaiti sporting institutions, such as the Kuwait Olympic Committee, the Kuwait Equestrian Federation, and the Kuwait Padel Club.


About Burgan Bank 
Established in 1977, Burgan Bank is currently the second-largest conventional bank by assets in Kuwait. From its earliest days, the Bank has significantly focused on the corporate and financial institution sectors, in addition to diversifying its offering to cater to its growing retail and private banking customer base. 


Burgan Bank has majority-owned subsidiaries, collectively known as the “Burgan Bank Group”, in the MENAT region. This Group is supported by one of the largest branch networks across the region and includes: Gulf Bank Algeria – AGB (Algeria), Tunis International Bank – TIB (Tunisia), and the fully owned Burgan Bank Turkey. Furthermore, Burgan Bank has a presence in the UAE through its corporate office, Burgan Financial Services Limited.


The Bank has continuously improved its performance over the years, through an expanded revenue structure, diversified funding sources, and a strong capital base. The adoption of state-of-the-art services and technology has positioned it as a trendsetter in the domestic market and within the MENA region. Moreover, Burgan Bank’s brand has been built on a foundation of real values – trust, commitment, excellence, and progression – which serve as a reminder of the high standards to which the Bank always aspires. In fact, the Bank’s core philosophy of ‘Driven by You’ is the foundation on which its products and services are continuously developed.


The Bank obtained the ISO/IEC 27001: 2013 Information Security Management Systems certificate (ISMS) and was re-certified with the prestigious ISO 9001:2015, making it one of the few banks in the GCC and Kuwait to receive such certification for five consecutive times. The Bank also has the distinction of being the only Bank in Kuwait to have won the JP Morgan Chase Quality Recognition Award for twenty consecutive years. Moreover, in a testament to its dedication to the development of its human capital, Burgan Bank is the first bank in Kuwait to be certified as a Great Place to Work®, earning the distinct honor in 2023.


Burgan Bank is a majority-owned subsidiary of KIPCO (Kuwait Projects Company), one of the largest holding companies in the MENA region.
 

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.

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