Burgan Bank
| Name | Burgan Bank | |
| Sector | Finance & Insurance - Commercial Banks | |
| Trading | KSE | |
| RIC Code | BURG.KW | |
| Location | KUWAIT |
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.
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
| Individuals | N/A |
| Institutions | 44% |
| Floating | N/A |
| Government | 6% |
Board Members (Listed in alphabetical order)
| Director | Abdul Salam Al Bahar |
| Director | Anthony Miles Strover |
| Director | H.E. Abdul Karim Alawi Al Kabarity |
| Managing Director | Jonathan David Lyon |
| Vice Chairman | Majed Essa Ahmed Al Ajeel |
| Director | Sadoon Abdullah Al Ali |
| Director | Sheikh Hamad Sabah Al Ahmad Al Sabah |
| Chairman | Tariq Mohamed Abdul-Salam |
Stock Performance
Market Information
| Stock | Kuwait Index | |
| Last Closing | KD 0.72 | 5436.19 |
| YTD % | 0.085% | 0% |
| Weekly % | 0% | 1.69% |
| Year High | KD 1.14 | 5925.1 |
| Year Low | KD 0.7 | 4742.47 |
| 52 Week High | KD 0.74 | 7766.51 |
| 52 Week Low | KD 0.52 | 5099.39 |
| BETA | 0.6345 | |
| Outstanding Shares | 860,603,939 | |
| Market Cap | KD 619,634,836 | |
| Market Cap in $ | USD $2,143,323,542 | |
| % of Kuwait Market | 1.70% | |
| % of Sector | 3.27% | |
| Rank by Cap | 12 |
Key Figures in '000 KD
| 2004 | 2003 | 2002 | |
| Total Assets | 1,738,743 | 1,920,300 | 1,751,618 |
| Shareholder's Equity | 200,250 | 195,160 | 175,966 |
| NIAT | 29,596 | 20,368 | 20,667 |
| Dividends | 21,515 | 12,294 | 6,245 |
Financial Ratios
| 2004 | 2003 | 2002 | |
| Assets Growth | -9.46% | 9.63% | 17.82% |
| Earning Growth | 45.31% | 0.00% | -100.00% |
| ROaA | 1.62% | 1.11% | 0.00% |
| ROaE | 14.97% | 20.87% | 0.00% |
| No. Of Shares | 860,603,939 | 819,622,799 | 780,593,142 |
| EPS | 0.03 | 0.02 | 0.00 |
| EPS Growth | 45.31% | 0.00% | N/A |
| Payout Ratio | 72.696 | 60.361 | 30.216 |
Valuation Ratios
| Trailing | |
| PE | |
| PB | |
| DVPS | |
| Div Yield | |
| EV | |
| EV/Equity |

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