Mastercard and Burgan Bank Bring Mastercard World Elite Card to Kuwait

Press release

Published May 23rd, 2018 - 09:02 GMT

Khalid Elgibali, Division President, MENA, Mastercard , Hameed Mohammed Abul, Acting Group Chief Private Banking Officer of Burgan Bank

Unlocking a new world of privileges and offers for cardholders in Kuwait, Mastercard and Burgan bank have launched the Mastercard World Elite card for Burgan Bank’s Private Banking customers.

The exclusive Mastercard World Elite card offers an unrivaled array of specially selected travel, lifestyle and insurance rewards, including exclusive access to handpicked luxury experiences and shopping opportunities in cities around the world, together with a range of discounts on accommodation packages, airline offers and car rentals. In addition, personalized concierge assistance is available 24/7 to World Elite cardholders, helping them get the most from the extensive collection of lifestyle benefits available.

Khalid Elgibali, Division President, MENA, Mastercard, said: “We are pleased to collaborate with Burgan Bank for the launch of the card, which offer a tremendous range of value-added propositions for affluent consumers in Kuwait. Kuwait is a key market for Mastercard and continues to enjoy sustained economic growth. These packages have been tailored specifically to provide an attractive range of benefits for affluent and place a world of exceptional experiences at their fingertips.”

Hameed Mohammed Abul, Acting Group Chief Private Banking Officer of Burgan Bank, welcomed the launch, commenting: “Burgan Bank is delighted to offer the card, which provide an unprecedented range of benefits for our valued customers, in addition to the convenience and security that Mastercard’s trusted technology brings to every transaction. We look forward to delivering greater value for our affluent cardholders and enriching their lives with this dazzling collection of travel and lifestyle rewards.”

Background Information

MasterCard

Electronic payments have the ability to create a world with greater opportunities for all. To take us beyond borders, to new markets. Beyond mere moments, to meaningful experiences. That's the power of a World Beyond Cash®. And that's Priceless®.

Company Profile

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.