Kuwait: In line with its ongoing mission to lead with innovation and leverage technology to drive its sustainable growth, Burgan Bank recently took part in the Oracle Data and AI Forum alongside more than 100 of Kuwait’s most influential industry leaders and forward-thinking Oracle customers. The Bank’s participation in the high-level industry forum comes as part of its ongoing digital transformation strategy and its committed contribution to achieving Kuwait Vision 2035 goals.

Representing Burgan Bank at the event was Mr. Barrak Al-Mattar, General Manager – Information Technology, who shared valuable insights from the Bank’s longstanding experience in utilizing the latest data management technologies and AI tools. “We are honored to participate in the Oracle Data & AI Forum, one of the region’s most prominent platforms focused on the future of advanced technologies. Our involvement reflects Burgan Bank’s commitment to adopting the latest digital solutions and strengthening our capabilities in data analytics and artificial intelligence to enhance customer experience and improve operational efficiency.

Al-Mattar added that "Our presence at such events demonstrates our dedication to exploring global innovations, exchanging knowledge, and supporting the digital transformation journey within the banking sector. This participation comes as part of the Bank’s strategy to enhance its competitiveness and invest in technology as a key driver of growth and development.”

 “Adopting the most advanced technologies is vital for business growth, however, it must be paired with a rigorous cybersecurity and risk aversion strategies, capable of defending companies’ databases against any data theft threats, no matter how complex,” he underscored, expanding on Burgan Bank’s award-winning digital transformation and cybersecurity strategies, which stand as primary pillars of the Bank’s market leadership and steady business growth.

“Burgan Bank’s participation in the Oracle Data & AI Forum highlights the important role data and AI play in advancing Kuwait’s Vision 2035. We look forward to continuing our collaboration as the Bank accelerates its Oracle Cloud and AI powered transformation”, said Omar Draghmeh, Vice President – Database Platforms, Upper Gulf and LEENA Markets, Oracle.

Burgan Bank will continue its journey in advancing digital transformation and adopting innovative technologies that enhance its operational efficiency and support the evolving needs of the banking sector. The Bank remains committed to engaging in specialized industry platforms that foster knowledge exchange and enable meaningful partnerships that contribute to its future growth. Through these efforts, Burgan Bank reaffirms its dedication to continuously developing its banking services and delivering a more seamless and advanced experience for its customers.

About Burgan Bank

Established in 1977, Burgan Bank is a Kuwait-based conventional bank with a significant focus on the corporate and financial institution sectors. From its earliest days, the Bank has significantly sought to diversify its offering to cater to its growing retail and private banking customer base.

Burgan Bank has majority-owned subsidiaries, collectively known as the “Burgan Bank Group”, in the MENAT region. This Group is supported by one of the largest branch networks across the region and includes: Gulf Bank Algeria – AGB (Algeria), Tunis International Bank – TIB (Tunisia), Burgan Bank Turkey (Turkey) and United Gulf Bank (Bahrain). Furthermore, Burgan Bank has a presence in the UAE through its corporate office, Burgan Financial Services Limited.

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. Moreover, Burgan Bank’s brand has been built on a foundation of real values – trust, commitment, excellence, and progression – which serve as a reminder of the high standards to which the Bank always aspires. In fact, the Bank’s core philosophy of ‘Driven by You’ is the foundation on which its products and services are continuously developed.

Burgan Bank has achieved the LEED v4.1 O+M: EB Gold Certification for its Head Office in Kuwait City. The Bank has also obtained the ISO/IEC 27001: 2022 Information Security Management Systems certificate (ISMS), ISO /IEC 27701:2019 Privacy Information Management Systems (PIMS), ISO/IEC 20000-1: 2018 Information Technology  Service Management System (ITSMS) and was re-certified with the prestigious ISO 9001:2015 Quality Management System (QMS), making it one of the few banks in the GCC and Kuwait to receive such certification for five consecutive times. At the same time, the Bank has the distinction of being the only Bank in Kuwait to have won the JP Morgan Chase Quality Recognition Award for twenty consecutive years. Moreover, in a testament to its dedication to the development of its human capital, Burgan Bank is the first bank in Kuwait to be certified as a Great Place to Work®, earning the distinct honor in 2023.

Burgan Bank is a majority-owned subsidiary of KIPCO (Kuwait Projects Company), one of the largest holding companies in the MENA region.