Burgan Bank


NameBurgan Bank
SectorFinance & Insurance - Commercial Banks
TradingKSE
RIC CodeBURG.KW
LocationKUWAIT


Profile and Background

Burgan Bank S.A.K. is a public shareholding company incorporated in the State of Kuwait by law decree dated 27 December 1975, making it one of the youngest commercial banks in the State of Kuwait. The bank's privatization in 1997 resulted in Kuwait Investment Projects Company (KIPCO) becoming the major shareholder, paving the way for further growth and expansion of product ranges and services.

Its innovative product offers and technologically advanced delivery channels achieve the bank's positioning in the retail and commercial banking industry with close to 110 ATMs and 21 branches, the widest ATM network in the GCC.

In addition to expanding their retail network, diversifying investment and financial products, enhancing treasury operations, and increasing syndication activities is their current focus. Recently, Burgan Bank unveiled a new corporate identity with a motto 'driven by you' that reflects their commitment towards customer centricity.


Shareholding Groups

IndividualsN/A
Institutions 44%
FloatingN/A
Government 6%

Board Members (Listed in alphabetical order)

DirectorAbdul Salam Al Bahar
DirectorAnthony Miles Strover
DirectorH.E. Abdul Karim Alawi Al Kabarity
Managing DirectorJonathan David Lyon
Vice ChairmanMajed Essa Ahmed Al Ajeel
DirectorSadoon Abdullah Al Ali
DirectorSheikh Hamad Sabah Al Ahmad Al Sabah
ChairmanTariq Mohamed Abdul-Salam

Stock Performance

Burgan Bank Stock Performance



Market Information

StockKuwait Index
Last ClosingKD 0.725436.19
YTD % 0.085% 0%
Weekly % 0% 1.69%
Year HighKD 1.145925.1
Year LowKD 0.74742.47
52 Week HighKD 0.747766.51
52 Week LowKD 0.525099.39
BETA0.6345
Outstanding Shares860,603,939
Market CapKD 619,634,836
Market Cap in $USD $2,143,323,542
% of Kuwait Market1.70%
% of Sector3.27%
Rank by Cap12

Key Figures in '000 KD

200420032002
Total Assets1,738,7431,920,3001,751,618
Shareholder's Equity200,250195,160175,966
NIAT29,59620,36820,667
Dividends21,51512,2946,245

Financial Ratios

200420032002
Assets Growth-9.46%9.63%17.82%
Earning Growth45.31%0.00%-100.00%
ROaA1.62%1.11%0.00%
ROaE14.97%20.87%0.00%
No. Of Shares860,603,939819,622,799780,593,142
EPS0.030.020.00
EPS Growth45.31%0.00%N/A
Payout Ratio72.69660.36130.216

Valuation Ratios

Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity




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