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Thursday, November 12 - 2009

Burgan Bank receives JP Morgan Chase Quality Recognition Award

Burgan Bank, the youngest commercial bank in the State of Kuwait, was awarded the JP Morgan Chase Quality Recognition Award 2005 for the ninth consecutive year in a row in recognition of the high level of quality achieved in international (US$) money transfer transactions

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  • Left to right: S Natarajan, Sr. Vice President - Treasury Services, JP Morgan Europe Limited; Venkat Menon, General Manager - Operations, Burgan Bank; Ramesh Vasudev, Manager - Treasury Operations, Burgan Bank; Simon Clements, Senior General Manager - Operations, Burgan Bank; Jonathan D Lyon, Chief Executive Officer, Burgan Bank, and Ian Harries, Head of Financial Institutions Burgan Bank.
    Left to right: S Natarajan, Sr. Vice President - Treasury Services, JP Morgan Europe Limited; Venkat Menon, General Manager - Operations, Burgan Bank; Ramesh Vasudev, Manager - Treasury Operations, Burgan Bank; Simon Clements, Senior General Manager - Operations, Burgan Bank; Jonathan D Lyon, Chief Executive Officer, Burgan Bank, and Ian Harries, Head of Financial Institutions Burgan Bank.
"The award reiterates Burgan Bank's commitment to quality, and is reflective of the high degree of efficiency maintained by employees characterized by minimal error margins and effectual cost-controlling," said Jonathan Lyon, Chief Executive officer, Burgan Bank, "We are proud that our service quality standards continue to receive international recognition; additionally, we are also the only bank in the GCC to be ISO certified and re-certified across all of our banking operations."

Having the distinction of being the only banking institution in Kuwait to receive the award, Burgan Bank consistently invests in the knowledge-base of its employees and operational systems to enhance its portfolio of products and services, and in this specific example, offers its customers an international payment service that is speedy, reliable and cost-effective.
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About Burgan Bank

Burgan Bank is the youngest commercial bank in the State of Kuwait. It has acquired a leading role in the retail, corporate and investment-banking sector through its innovative product offers and technologically advanced delivery channels. Burgan Bank has continuously improved its performance over the years by applying an expanded revenue structure, good asset quality, diversified funding sources and a strong capital base. The adoption of state-of-the-art services and groundbreaking technology has positioned the bank as a trendsetter in the domestic market. Driven by challenge, Burgan Bank is actively working towards raising banking standards in the State of Kuwait.

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