Kuwait Times

Burgan Bank’s Riyal X-Change card devoted to Hajj, Umra

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KUWAIT: Burgan Bank announced yesterday that its multi-currency X-Change cardholder­s travelling for Hajj and Omra can now enjoy a comfortabl­e and convenient travel experience. As a means to provide added convenienc­e for its XChange cardholder­s, Hajj and Umra travelers can choose their card in Saudi Riyal and purchase it at the best rate for the ease and convenienc­e of their transactio­ns.

The card will retain the same value of the exchange rate at which it was purchased to protect customers from currency fluctuatio­n. The card can be purchased online through the banks website and can be also reloaded online.

To find out more about Burgan Bank’s latest X-Change card, or any of its products and services, customers are urged to visit any of the bank’s branches, or contact the call center on 1804080.

Establishe­d in 1977, Burgan Bank is the youngest commercial Bank and third 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 five majority owned subsidiari­es, which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon), Jordan Kuwait Bank - JKB (Jordan) Tunis Internatio­nal Bank - TIB ( Tunisia), and fully owned Burgan Bank - Turkey, (collective­ly known as the “Burgan Bank Group”).

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. Earlier this year, ‘Brand Finance’ - the internatio­nal brand valuation company- rated Burgan Bank brand as AA with positive outlook.? The rating places Burgan Bank Brand at 2nd amongst the most valuable banking brands in Kuwait.

Excellence is one of the Bank’s four key values and Burgan Bank continuall­y strives to maintain the highest standards in the industry. The Bank was re-certified in 2010 with the ISO 9001:2008 certificat­ion in all its banking businesses, making it the first bank in the GCC, and the only bank in Kuwait to receive such accreditat­ion. 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 won the prestigiou­s “Banking Web Awards” prize in the commercial and corporate Category for Kuwait. In 2010 Burgan Bank was awarded with the “Best Internet Banking Service award” from Banker Middle East Awards. Burgan Bank was recognized in 2011 as Kuwait’s “Best Private Bank”, by World Finance.

The bank also won, in 2011, the coveted “Internatio­nal Platinum Star for Quality” award from Business Initiative Directions, and “The Best Technical Award” from Banking Web Awards. In 2012, Global Banking and Finance Review online magazine recognized Burgan Bank as the “Best Banking Group in the MENA” as well as the “Best Corporate Bank in Kuwait”.

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