Browsing: Banking

Kuwait, 14 February 2026: Kuwait International Bank (KIB) announced the signing of a strategic cooperation agreement with ACICO Group, a leader in the construction and industrial sectors. The announcement was made during a meeting held to mark the partnership, which aims to offer affordable financing solutions and exclusive incentives for citizens seeking to build their residential plots, in line with their aspirations and the growing demands of the real estate and construction sectors. The agreement was signed by Othman Tawfeqe, General Manager of Retail Banking at KIB, and Ahmed Ghassan Al-Khaled, Vice Chairman at ACICO Group. This step

In line with the Bank’s “Teach Them Young” CSR program Kuwait, 8 February 2026 Expanding on its robust strategy for investing in Kuwait’s national talents and equipping future-ready youths to lead the banking sector, Burgan Bank hosted the American United School (AUS) high school students at the head office, as part of “Teach Them Young”, Burgan Bank’s youth-focused corporate social responsibility (CSR) initiative. The field visit covered several topics, including the history of banks and the evolution of the banking profession, modern digital banking services, safety practices against fi

Doha, Qatar – February 1, 2026: Dukhan Bank has announced the launch of Qatar’s first self-service digital onboarding kiosk, marking a significant milestone in secure, customer-centric banking innovation. The new kiosk is available 24 hours a day, seven days a week at Dukhan Bank’s headquarters in Lusail, enabling customers to open accounts through a fully digital, paperless process designed to deliver speed, trust, and convenience. The launch reinforces Dukhan Bank’s continued commitment to advancing digital banking solutions. The kiosk integrates advanced verification technologies, including biometric liveness checks

Board of Directors proposed an additional cash dividend distribution to the shareholders of 8% of the nominal share value (QAR 0.08 per share), subject to QCB approval and shareholders’ approval at the AGM, taking the total cash dividend for the FY 2025 to 16% of the nominal share value (QAR 0.16 per share) Highest-ever profitability underpinned by a persistent year-on-year growth in net banking income by 6% Group’s total assets reached the highest levels at QAR 123.8 billion The Bank achieved an impressive growth of 21% in current and savings accounts, underscoring customers’ confidence and the strength of the B

Kuwait, 30 December 2025: Driven by its commitment to fostering a secure banking environment and ensuring the safety of its customers’ financial transactions, Kuwait International Bank (KIB) extended its efforts to raise awareness about cybersecurity risks and evolving digital fraud methods. This comes as part of KIB’s support for the national “Let’s Be Aware” (Diraya) campaign, launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in collaboration with local banks. The Bank’s continued support for the nationwide campaign aligns with its dedication to empowering customers to protect

Kuwait, 13 December 2025: Kuwait International Bank (KIB) has announced a new wave of enhancements to its KIB Mobile App, marking another step in its ongoing efforts to deliver smarter, more accessible banking solutions while further enriching its customers’ digital banking experience. The latest updates are designed to provide customers with greater flexibility, personalization, and control, reaffirming the Bank’s commitment to offering seamless and secure digital services and to developing innovative, user-focused solutions that fit modern lifestyles. The refreshed KIB Mobile App now features a redesigned homepage with an in

Kuwait, 29 November 2025: Representing the State of Kuwait, Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB) and a Board Member of the Union of Arab Banks, participated in the 2025 Annual Arab Banking Conference held in Beirut. Themed ‘Investing in Construction and the Role of Banks’, the event took place under the patronage of the President of the Lebanese Republic, General Joseph Aoun. The conference, held on Thursday and Friday, 27-28 November 2025, at the InterContinental Phoenicia Hotel in Beirut, was organized by the Union of Arab Banks in cooperation with the Association of Banks in Lebanon an

Kuwait, 30 November 2025: A delegation from the Union of Arab Banks visited the Prime Minister of Lebanon, Judge Dr. Nawaf Salam, at the Grand Serail of Beirut on the afternoon of Friday, 28 November 2025, following the conclusion of the Union’s General Assembly meeting. The delegation included Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB) and a Board Member of the Union of Arab Banks, representing the state of Kuwait, Dr. Joseph Torbey, the Chairman of the World Union of Arab Bankers’ Executive Committee, Adnan Al-Ismail, member of the Board of the World Union of Arab Bankers representing the Uni

Cementing the Bank’s leadership role in Kuwait’s digital transformation and banking innovation Kuwait, 27 November 2025 In line with its progressive and forward-looking banking innovation and digital transformation strategy, Burgan Bank attended the Business Suite Innovation Day, hosted by the Bank’s strategic partner SAP, a global leader in enterprise applications and business AI. The event, held under the theme “Kuwait’s Digital Future: driven by connected Applications, Data and AI”, took place at Waldorf Astoria Kuwait, under the patronage of the Ministry of State for Communication Affairs. As

Reinforcing the Bank’s proactive role in advancing the national financial literacy and banking awareness campaign “Let’s Be Aware” Kuwait, 17 November 2025 In line with its leadership role in digital transformation and its commitment to fostering a culture of adeptness and awareness among its employees, Burgan Bank launched its Risk and Cyber Awareness Week under the theme “Awareness is Our First Defense”. The initiative aligns with the Bank’s ongoing support for the “Let’s Be Aware” (Diraya) financial literacy and banking awareness campaign, launched and supervised by the