Browsing: Banking

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

Kuwait, 17 November 2025: Kuwait International Bank (KIB) announced the launch of its new Western Union Cash Pickup service through the KIB Mobile App. The new service enables customers in Kuwait to send international money transfers digitally with just a few taps, while beneficiaries abroad can conveniently collect the funds in cash from Western Union agent locations across more than 200 countries and territories. This step aligns with KIB’s strategy to continue expanding its digital banking experience and provide innovative, accessible financial solutions that support customers’ evolving lifestyles. Commenting on the launch,