Burgan Bank K.P.S.C.: Business Overview, Financials & Competitive Analysis
Burgan Bank, established in 1977, is a Kuwait-based conventional bank with a significant focus on the corporate and financial institution sectors, with a growing retail and private banking customer base. The bank oper...
Cyborg Score thesis
Strong capital and liquidity position with revenue growth offset by Q1 2026 profitability headwinds from elevated operating...
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Get Current Report FreeBurgan Bank K.P.S.C. Overview
Pro stress-test →Burgan Bank, established in 1977, is a Kuwait-based conventional bank with a significant focus on the corporate and financial institution sectors, with a growing retail and private banking customer base. The bank operates through majority-owned subsidiaries across the MENAT region including Gulf Bank Algeria, Tunis International Bank, Burgan Bank Turkey, and United Gulf Bank in Bahrain.
Strategic Profile
Pro stress-test →In Q1 2026, total revenues increased 10% year-on-year to KD 64 million, driven primarily by non-interest income which rose 77% year-on-year to KD 24 million. The bank was named "Best for High-Net-Worth (HNW) in Kuwait" at Euromoney's Private Banking Awards 2026, reflecting its growing private banking proposition and sophisticated digital capabilities.
Competitive Landscape
Pro stress-test →In Q1 2026, KFH led sector profitability with KD 176.5 million, while NBK ranked second with KD 135.5 million and maintained leadership in total assets, loans, and deposits. Burgan competes as a mid-tier bank in Kuwait's consolidated banking sector alongside larger players (KFH, NBK, ABK) and other regional banks.
Industry Context
Burgan Bank K.P.S.C. operates in Banking.
Key facts
Founded: 1977 · Headquarters: Kuwait City, Kuwait · Revenue: KD 268 million (FY2025); KD 64 million (Q1 2026)