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