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Burgan Bank issues $328m bonds in Kuwait marketBurgan Bank, the second largest local conventional bank by assets size in Kuwait, has announced that it has successfully issued a KD100 million ($328.3 million) bonds in the local market. The bonds have a More… |
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Burgan Bank appoints CEO for KuwaitBurgan Bank has announced today the appointment of Raed Al-Haqhaq as chief executive officer for its operations in Kuwait after obtaining approval from the Central Bank of Kuwait. Al-Haqhaq played a vital role in shaping and execu More… |
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Burgan Bank begins $206m capital rights issueBurgan Bank, Kuwait’s second largest conventional bank by assets, has commenced its capital rights offering process to raise up to KD62.55 million ($206 million)of additional capital. The subscription period will end on Octo More… |
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Burgan Bank 2017 income tops $214mKuwait-based Burgan Bank has posted a net income of KD65.2million ($214.9 million) for the year 2017. Earnings per share reached 25.4 fils. On underlying bases, net income (excluding precautionary provisions& after AT1 cost) r More… |
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Burgan Bank's H1 net income up 24pcKuwait-based Burgan Bank Group has registered a 24 per cent jump in its net income for the first half of 2017 which soared to KD39 million ($128 million) from last year's KD31.4 million ($103.5 million). Announcing the earning More… |
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Burgan Bank Q1 net profit up 25pcKuwait-based Burgan Bank Group reported a net income growth of 25 per cent to KD17.8 million ($58.4 million) for the first quarter of this year, compared with KD14.3 million for the same period last year. Underlying net income (ex More… |
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Burgan Bank 2016 income up 12pc to $222mKuwait-based Burgan Bank Group has reported net income of KD 68 million ($222 million) for 2016, up 12 per cent from KD61 million reported in the previous year. Earnings per share stood at 28 fils, up by 15 per cent from 25 fils i More… |
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Burgan Bank Q2 profit slips 14pcBurgan Bank, Kuwait's third-largest lender by assets, reported a 14 per cent fall in second-quarter net profit on Tuesday. A unit of Kuwait Projects Co (Kipco), Burgan made a net profit of KD17.1 million ($56.7 million) in the More… |
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Burgan Bank closes $334m bond issueKuwait's youngest lender Burgan Bank said it has successfully closed its KD100 million ($334 million) Tier 2 capital issuance. The issuance has both a fixed rate and a floating rate tranche with the fixed rate coupon at More… |
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Burgan Bank picks arrangers for $325m bondBurgan Bank, Kuwait's third-largest lender by assets, has picked two arrangers for a potential KD100 million ($329.4 million) bond, for which marketing to investors could start as soon as this week, sources aware of the matter said. More… |
