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About: Burgan Bank     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SocialGroup107950920, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatBanksOfKuwaityago:WikicatCompaniesEstablishedIn1977yago:Abstraction100002137yago:Company108058098yago:DepositoryFinancialInstitution108420278yago:FinancialInstitution108054721yago:Group100031264yago:Institution108053576yago:Organization108008335yago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntitybankyago:SocialGroup107950920 New Facet based on Instances of this Class

Burgan Bank, established 1977, is Kuwait's second largest conventional bank by assets. It is a subsidiary of Kuwait Projects Company Holding and operates a network of 24 branches and over 100 ATMs. Burgan is one of the youngest banks in Kuwait. Burgan Bank recorded a profit of 74.8 million Kuwaiti Dinars for the year 2007, up 34% from 55.7 million in 2006. Ahmad Al Abdullah Al Sabah is one of the former chairmen of the bank. On 23 December 2012, Burgan Bank acquires from Eurobank a 70% stake in Tekfenbank, which is a Turkish bank in Cyprus.