27/07/2016 05:37 AST

Burgan Bank announced today that it has won four awards from The Asian Banking & Finance Magazine, one of the world’s most distinguished publications that reports on an extensive range of financial news across different practices.

The awards presented to the bank were ‘Best Domestic Retail Bank of the Year’ for the fourth consecutive year, ‘Best Mobile Banking Initiative of the Year in Kuwait’ for the successful development of the bank’s application on apple watch ‘Best Digital Banking Initiative of the Year in Kuwait’ for the bank’s page on Instagram which targets and communicates to youth customers and ‘Best Domestic Cash Management Bank of the Year’ for the third consecutive year.

The bank’s success was recently announced at the Asian Banking and Finance 2016 Awards ceremony held at the Shangri-La Hotel in Singapore, where judges from global institutions identified Asian banks that rise above the rest with their groundbreaking strategies and unparalleled services which enhance the overall banking and finance sector.

Commenting on this success, Mr. Raed Al Haqhaq, Burgan Bank’s Chief Banking Officer said: “We are honored to be acknowledged by the Asian Banking & Finance Magazine and to receive these four prestigious awards. The awards are a reflection of our commitment to attain customers’ trust through excellence and to building an innovative and customer centric bank. This year, we have won two new awards which are the ‘Best Mobile Banking Initiative of the year’ and ‘Best Digital Banking Initiative of the year’ awards. Helping banks go Digital is at the core of our strategy and these awards will encourage us to strive even harder to make our customers successful in their Digital endeavors. He added, “We will continue to innovate and bring to our customers superior Digital and mobile solutions built on our state-of-the-art technologies. We are proud of having set the bar for best initiative in the digital and mobile banking business and we look forward to driving similar success across the regions and globally”.

Burgan Bank continues to execute its strategic plan and adopt best practices that are in line with its overall growth objectives at different fronts. The latest awards follow an extensive list of recognitions that the bank continues to receive, which highlights its growth story and progress of its local, regional and international operations. Moreover, Burgan Bank has one of the largest regional branch networks across Kuwait, Turkey, Algeria, Iraq, Tunisia, Lebanon and Palestine.


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