Bur­gan Bank wins In­ter­na­tional Qual­ity Crown Award Di­a­mond cat­e­gory from Busi­ness Ini­tia­tive Di­rec­tions

Kuwait Times - - BUSINESS -

Bur­gan Bank an­nounced that it has won the pres­ti­gious In­ter­na­tional Qual­ity Crown award in di­a­mond cat­e­gory from Busi­ness Ini­tia­tive Di­rec­tions (BID) , an or­ga­ni­za­tion which rec­og­nizes com­pa­nies that im­ple­ment and pro­mote a strong cul­ture of qual­ity, and rec­og­nizes progress, achieve­ment, im­proved pro­duc­tiv­ity and so­lu­tions pro­posed by or­ga­ni­za­tion and busi­ness lead­ers who have reached a level of suc­cess which be­fore had seemed un­reach­able.

The re­cent award is a to­ken of ap­pre­ci­a­tion to Bur­gan Bank’s con­tin­u­ous com­mit­ment to the pro­vi­sion of best in­ter­na­tional prac­tice and qual­ity con­trol which reach op­ti­mal lev­els to its clients, while ap­ply­ing in­dus­try best prac­tice meth­ods that sup­port the de­liv­ery of a trusted bank­ing ser­vice.

Venkat Menon, Bur­gan Bank Group Chief Op­er­a­tions & Tech­nol­ogy Of­fi­cer said: “The pres­ti­gious In­ter­na­tional Qual­ity Crown Award re­flects Bur­gan Bank’s ap­pli­ca­tion of in­dus­try lead­ing qual­ity so­lu­tions which sup­ports our cus­tomers’ fi­nan­cial needs. We are proud to be rec­og­nized as a pres­ti­gious out­stand­ing com­pany in the busi­ness world and we will con­tinue to ex­ert our ut­most ef­forts in se­cur­ing qual­ity as­sur­ance in ev­ery as­pect of our op­er­a­tions.”

“This lat­est achieve­ment builds on Bur­gan Bank’s at­tain­ment of In­ter­na­tional awards and marks the Bank as an in­dus­try leader in the Bank­ing sec­tor,” he added.

Re­ceiv­ing this award for the third time is an­other achieve­ment the bank is proud of, through ap­ply­ing best in­ter­na­tional qual­ity stan­dards and be­ing com­mit­ted to re­main from the in­flu­en­tial lead­ers in the bank­ing sec­tor.

Es­tab­lished in 1977, Bur­gan Bank is the youngest com­mer­cial Bank and sec­ond largest by as­sets in Kuwait, with a sig­nif­i­cant fo­cus on the cor­po­rate and fi­nan­cial in­sti­tu­tions sec­tors, as well as hav­ing a growing re­tail, and pri­vate bank cus­tomer base. Bur­gan Bank has ma­jor­ity owned sub­sidiaries in the MENAT re­gion sup­ported by one of the largest re­gional branch net­works.

The Bank has con­tin­u­ously im­proved its per­for­mance over the years through an ex­panded rev­enue struc­ture, di­ver­si­fied fund­ing sources, and a strong cap­i­tal base. The adop­tion of state-of-the-art ser­vices and tech­nol­ogy has po­si­tioned it as a trend­set­ter in the do­mes­tic mar­ket and within the MENA re­gion. Bur­gan Bank’s brand has been cre­ated on a foun­da­tion of real val­ues - of trust, com­mit­ment, ex­cel­lence and pro­gres­sion, to re­mind us of the high stan­dards to which we as­pire. ‘Peo­ple come first’ is the foun­da­tion on which its prod­ucts and ser­vices are de­vel­oped.

The bank was re-cer­ti­fied with the pres­ti­gious ISO 9001:2008, mak­ing it the first bank in the GCC, and the only bank in Kuwait to re­ceive such ac­cred­i­ta­tion for the third con­sec­u­tive year. The Bank also has to its credit the dis­tinc­tion of be­ing the only Bank in Kuwait to have won the JP Morgan Chase Qual­ity Recog­ni­tion Award for twelve con­sec­u­tive years.

Bur­gan Bank, a sub­sidiary of KIPCO (Kuwait Projects Com­pany), is a strongly po­si­tioned re­gional Bank in the MENA re­gion.

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