End-of-day quote
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|
5-day change | 1st Jan Change | ||
0.179 KWD | +2.29% | -5.54% | +9.28% |
Feb. 18 | Burgan Bank K.P.S.C. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
2023 | Burgan Bank Appoints Fadel Mahmoud Abdullah as Chief Executive Officer, Kuwait | CI |
Business Summary
Number of employees: 3,000
Sales per Business
KWD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
International Operations
55.4
%
| 122 | 52.6 % | 123 | 55.4 % | +0.54% |
Corporate and Consumer Banking
53.6
%
| 119 | 51.2 % | 119 | 53.6 % | +0.08% |
Unallocated/Intragroup Transactions
-5.8
%
| -12 | -5.1 % | -13 | -5.8 % | +8.24% |
Treasury and Investment Banking
-4.7
%
| 0 | 0.0 % | -10 | -4.7 % | -17,478.33% |
Central Office
1.5
%
| 3 | 1.2 % | 3 | 1.5 % | +13.55% |
Sales per region
KWD in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
International
55.4
%
| 122 | 52.6 % | 123 | 55.4 % | +0.54% |
Kuwait
50.4
%
| 122 | 52.4 % | 112 | 50.4 % | -8.22% |
Unallocated/Intragroup Transactions
-5.8
%
| -12 | -5.1 % | -13 | -5.8 % | +8.24% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Antoine Daher
CEO | Chief Executive Officer | - | - |
Reham Sultan
CMP | Compliance Officer | - | 20-01-07 |
Chief Investment Officer | 59 | 13-12-31 | |
Chief Investment Officer | - | - | |
Chief Operating Officer | - | 04-12-31 | |
Hamad Al-Bader
IRC | Investor Relations Contact | - | - |
Corporate Officer/Principal | - | - | |
Hameed Abul
PRN | Corporate Officer/Principal | - | - |
Comptroller/Controller/Auditor | - | 20-01-27 | |
Corporate Officer/Principal | - | 19-03-24 |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Director/Board Member | - | 09-12-31 | |
Chief Operating Officer | - | 04-12-31 | |
Faisal Sarkhou
BRD | Director/Board Member | - | - |
Jamal Dashti
BRD | Director/Board Member | - | 23-07-14 |
Director/Board Member | - | - | |
Director/Board Member | - | 19-03-26 | |
Chairman | - | - | |
Director/Board Member | - | - | |
Director/Board Member | - | - | |
Director/Board Member | - | 23-07-14 |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 3,452,203,125 | 830,230,738 ( 24.05 %) | 5,582,160 ( 0.1617 %) | 24.05 % |
Holdings
Name | Equities | % | Valuation |
---|---|---|---|
43,515,103 | 9.91% | 126,967,062 $ |
Company contact information
Burgan Bank KPSC
Burgan Tower Abdulla Al-Ahmad Street
12170, Kuwait City
+965 2298 8083
http://www.burgan.comGroup companies
Name | Category and Sector |
---|---|
Tunis International Bank SA
Tunis International Bank SA Regional BanksFinance Tunis International Bank was incorporated in June 1982 and was the first bank established in Tunisia as a fully licensed banking corporation under the Tunisian Law of 12th July 1976 replaced on 6th December 1985 related to the offshore banking regime. TIB operates under the supervision of the Central Bank of Tunisia. It is a member of Tunisia's Clearing House Association. TIB is a private commercial bank, its main shareholder being United Gulf Bank E.C Bahrain, itself the investment banking arm of the Kuwait Projects Company (Holding) K.S.C., 'KIPCO'. The Bank enjoys a widespread reputation as a local provider of the highest quality products and services. TIB provides a comprehensive range of international financial services for corporations, financial institutions, governments & individuals both in Tunisia and abroad including Foreign Exchange & Money Market operations in all convertible currencies including Tunisian dinars, International Trade Financing, Private Banking Facilities, Loan Syndications & Forfeiting, Commercial Banking, Investments, Visa Card and American Express Card. The company's product range is constantly reviewed to ensure that they are able, within the company's credit and procedural policies, to meet the range of needs in the company's local market base. This includes maximizing the quality of the products & services they offer as a result of the synergies they have, and continue to develop, with co-members of the KIPCO group. The Bank continues to be an innovative institution both internationally and domestically, dedicated to banking services of the highest standards. As a Tunisian bank based in Tunis, TIB's traditional and natural marketplace has been the Maghreb countries. These countries will remain TIB's primary target market where the Bank will fully develop the opportunities available to it through working with its group's subsidiary Algeria Gulf Bank in Algeria and also through the Bank's representative office in Tripoli, Libya. Looking towards the future, TIB aims to play a key role in promoting business and partnerships between Gulf investors and the Maghreb. In addition to this area, business has also been developed involving Western European and other Mediterranean countries. The Bank's traditional and natural customer base in Tunisia has been the offshore companies usually majority owned by foreigners, exporting most if not all of their manufactured products, and able to deal freely in foreign currencies. Numbering approximately 2,500 companies, TIB's share of the business in that market has been estimated to be in the region of 25%. The Bank recorded the tenth year in a row of historic results and its best ever performance in 2008, with consolidated net income increased by 19 % to USD 19.6 million and total assets of almost USD 500 million. |
Regional Banks
|
Burgan Bank AS
Burgan Bank AS Major BanksFinance Burgan Bank AS provides banking services. It offers various deposits, including fixed-term, demand, and e-deposit accounts; consumer, auto, home, and financial assistance loans; installment commercial, working capital, business premises and commercial vehicle loans. The company was founded in 1989 and is headquartered in Istanbul, Turkey. |
Major Banks
|
Burgan Finansal Kiralama AS
Burgan Finansal Kiralama AS Finance/Rental/LeasingFinance Part of Kuwait Projects Co. (Holding) KSC, Burgan Finansal Kiralama AS is a leasing private company based in Sariyer, Turkey. Burgan Leasing also provides solar energy financing and technology rental solutions. The Turkish company is supported by the KGF and offers second-hand warehouse services. Burgan Leasing aims to help customers realize their dreams by providing financial support for their investments. Founded in 1994, the company offers leasing services for various goods, including boats, CNC machines, and loaders. |
Finance/Rental/Leasing
|
Burgan Senior Spc Ltd.
|
Finance/Rental/Leasing
|
Major Banks
|
Sales per Business
Sales per region
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+9.28% | 2.1B | |
+15.95% | 211B | |
+0.80% | 72.11B | |
+8.99% | 55.24B | |
+19.29% | 50.4B | |
+0.56% | 46.78B | |
+8.19% | 44.85B | |
-14.70% | 35.77B | |
+6.41% | 35.93B | |
-96.60% | 32.24B |
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