TR Mobil Menü
​​  

About Us

Burgan Bank Turkey

Burgan Bank Turkey

Established under the name of Tekfen Yatırım Finansman Bankası A.Ş. in 1989, the Bank quickly joined the ranks of Turkey’s most prestigious financial institutions in the areas of corporate and investment banking. In 2001, it took over the Bank Ekspres in accordance with its growth plans and with the decision of enhancing its experience in the field of commercial banking. In 2007, Tekfen Group got into partnership with Eurobank EFG and continued to carry out its activities under the name of Eurobank Tekfen A.Ş.

On December 21, 2012, Burgan Bank acquired the shares owned by Eurobank and Tekfen Holding and became the main shareholder with a 99.26% share and the title of the bank was changed as Burgan Bank A.Ş. on January 28, 2013.

Burgan Bank actsas “asolution partner” for its customers and provides services through its 38 branches located in 16 important industrial and trade regions of Turkey. The Bank aims to establish long-term relations with its customers by emphasizing on stability and quality while conducting its activities in accordance with the principles of banking ethics, especially accuracy and reliability.

Backed by a majority shareholder who is closely familiar with the MENA region and its dynamics as a rising center of the world, Burgan Bank Turkey, puts its customer’s goals in the center of its banking activities, and conducts its business activites based on “banking focused on you” approach. The Bank provides services to its wide customer base in corporate, commercial and retail banking segments cooperating in synergy with its subsidiaries, Burgan Leasing and Burgan Yatırım.

Vision and Mission

Vision and Mission

Vision

To be the best of class financial service provider in Turkey through sustained execution of best practice, innovation and stakeholder care.

Mission

Burgan Bank is your financial partner, forming a relationship with you based on integrity and trust, to provide expert specialist financial and investment solutions that help your business and personal wealth grow.

Goals

To maximize value for all our stakeholders (clients, personnel and shareholders) by building on Burgan Banks three pillars of client delight and care, leveraging its operational and technological capabilities and nurturing our staff. Our stakeholders value must be consistent, growth oriented and accomplished in the spirit of the corporate governance framework.

Corporate Values

Corporate Values

Trust

We consider complete trust and integrity in all our business operations as our highest value. Keeping this promise is the foundation of our brand.

Commitment

We are committed to creating long term relationships with our customers and employees, based on trust, partnership and mutual respect.

Progression

We seek progress through innovation and understanding, allowing us to better serve our customers needs through every stage of life.

Excellence

We aim to set and meet the highest standards of excellence through all of our activities, to live up to and deliver on our promises, and add value beyond what is expected by our customers.

“We” culture

  • We support each other as Burgan family.
  • We work in harmony.
  • We listen each other’s views and respect different opinions.
  • We are open to one another; we act with fairness.

Dynamism

  • We consider change as an opportunity; we comply with the changing circumstances quickly.
  • We make quickly implementable decisions; we produce creative and practical solutions.
  • We make a difference with alternative points of views.

Achievement

  • We take target-oriented actions; we set challenging goals.
  • We make efforts for reaching the better; we do not give up against challenges.
  • We always appreciate the efforts for reaching success.
  • We efficiently use our resources while reaching our goals.

Burgan Bank

Burgan Bank

Established in 1977, Burgan Bank is the youngest commercial Bank 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, which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.

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 9001:2015, making it the one of the few banks in the GCC and Kuwait to receive such certification for the Fifth consecutive time. 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. Furthermore, the Bank became one of the first local bank to implement Anti-Financial Crime (AFC) Program across Burgan Bank Group in line with Burgan Bank expansion strategy.

Burgan Bank, a subsidiary of KIPCO (Kuwait Projects Company), is a strongly positioned regional Bank in the MENAT region.

Our Organizational Structure

Our Organizational Structure

Board of Directors

Chairman of the Board of DirectorsFaisal M.A. Al Radwan​
Board MemberEduardo Eguren Linsen
Board MemberMajed E.A.A. Al Ajeel
Board MemberAdrian Alejandro Gostuski
Board MemberOsama T. Al Ghoussein
Board MemberHalil Cantekin
Board MemberMehmet Alev Göçmez
Board MemberA. Murat Dinç

Senior Management

Chairman of the Board of DirectorsFaisal M.A. Al Radwan​​
Board Member, CEOA. Murat Dinç
Internal Systems Executive Vice PresidentCihan Vural
Operation and Management Services Executive Vice PresidentEsra Aydın
Loans Executive Vice PresidentH.Hüseyin Uyar
Corporate and Commercial Banking Executi​​ve Vice PresidentKerem Sözügüzel
Human Resources , Training and Organization Executive Vice PresidentLevent Ergin
Treasury, Capital Markets, and Financial Institutions Executive Vice PresidentMutlu Akpara
Digital Banking and Information Technologies Executive Vice President
Ufuk Dinç​
Credits Monitoring and Legal Follow Up Group HeadBanu Ertürk
Infrastructure and Service Management Group HeadMurat Çetin Sav
Retail Credits Group HeadTangül Koçer
Legal Group HeadTolga Erendaç
​​Interim Finance Group HeadTuba Onay Ergelen

Ethical Banking Principles

Ethical Principles of Banking

Burgan Bank follows principles of ethics in all of our operations to protect the rights and interests of our depositors, to foster confidence and stability in financial markets, to ensure that our deposit and loan systems function effectively alongside economic development, and to prevent transactions and practices that cause serious harm to the economy while being mindful of the interests of society and protecting the environment. These are the principles of ethics that Burgan Bank follows:

  • Being honest
  • Remaining impartial
  • Being trustworthy
  • Providing transparency
  • Being mindful of the best interests of society and having respect for the environment
  • Fighting against money laundering
  • Behaving ethically in all of our business activities with banks, employees, and competitors
  • Displaying sensitivity towards issues related to disclosure, service quality and security in customer relations and responding to customer complaints immediately
  • Recruiting and employing human resources who will safeguard the respectability of banking and who are equipped with the knowledge, experience, and sense of responsibility required for their positions
  • Being honest and transparent in all relations with public agencies and organizations

Our Subsidiaries

Our Subsidiaries

*As 100% of the firm is owned by Burgan Yatırım Menkul Değerler A.Ş., Burgan Bank A.Ş. is its indirect owner.

Shareholders Structure

Shareholders Structure

Burgan Bank K.P.S.C.1.525.971.,08 TL 
99,41%
Others9.028.088,92 TL
0,59%
Total1.535.000.000,00
100,00%

Main Account Correspondents

Main Account Correspondents

CURRENCYCORRESPONDENT BANKCORRESPONDENT SWIFT/BIC
AUDJPMorgan Chase Bank National Association, SydneyCHAS AU 2X
CADBank of Montreal, TorontoBOFM CA M2
CHFZürcher Kantonalbank, ZürichZKBK CH ZZ
DKKDanske Bank A/S, CopenhagenDABA DK KK
EURCommerzbank AG, Frankfurt am MainCOBA DE FF
EURDeutsche Bank AG, Frankfurt am MainDEUT DE FF
EURKBC Bank NV, BrusselsKRED BE BB
EURStandard Chartered Bank, Frankfurt am MainSCBL DE FX
GBPStandard Chartered Bank, LondonSCBL GB 2L
JPYMUFG Bank Ltd., TokyoBOTK JP JT
KWDBurgan Bank K.P.S.C, Kuwait CityBRGN KW KW
NOKDNB Bank ASA, OsloDNBA NO KK
SARRiyad Bank, RiyadhRIBL SA RI
SEKDanske Bank A/S, StockholmDABA SE SX
USDCitibank NA, New YorkCITI US 33
USDJPMorgan Chase Bank National Association, New YorkCHAS US 33

Articles of Incorporation of Burgan Bank

Articles of Incorporation of Burgan Bank

ARTICLES OF ASSOCIATION OF BURGAN BANK ANONİM ŞİRKETİ

Risk Management

Risk Management

Since banking is a risk-taking business, this risk has to be managed efficiently. The connotation of risk to a bank means loss. Therefore, it is incumbent on risk management to take every preventative measure to minimize this loss. Risk management activities entail the identification, assessment, and management of the risk. Burgan Bank has already instituted effective risk management policies according to the Basel II criteria.

Market Risk: It is responsible for the assessment of the risk Burgan Bank incurs in connection with its operations in money and capital markets. The Market Risk Unit’s operations entail efforts to create a comprehensible risk profile, to implement instruments concerning the market risk, and to reduce risk and enhance controls.

Loan Risk: It is the risk of default on a debt that may arise from a borrower failing to make required payments fully and on time. Loan risk management activities are conducted by Loan Risk Unit. The department’s primary responsibilities include the performance of portfolio analyses for the assessment, management and monitoring of loan risk, and preparing required analyses regarding potential risks.

Operational risk: It covers activities regarding the definition, evaluation, tracking, assessment, reporting, and in conclusion, reduction of operational risks. In this context, people, process, system errors and external events are taken into consideration as relevant factors, and internal and external variables affecting the level of operational risk are evaluated on a continuous basis.

Terms and Features

Terms and Features

Burgan Bank A.Ş. Terms And Condıtıons
​​​