---
title: "Burgan Bank K.P.S.C SWIFT/BIC code BRGNKWKWXXX · Kuwait | Elucidate"
description: "SWIFT/BIC code BRGNKWKWXXX for Burgan Bank K.P.S.C, Kuwait. Head-office BIC, LEI 558600NC81HKXMFSTY52, addresses and Swift connectivity."
url: https://elucidate.co/directory/burgan-bank-k-p-s-c-brgnkwkw
---
1. [Directory](https://elucidate.co/directory)
2. [Kuwait](https://elucidate.co/directory/country/kw)
3. Burgan Bank K.P.S.C
Kuwait · Financial institution
# Burgan Bank K.P.S.C
Legal name in the LEI record Burgan Bank K.P.S.C.
Burgan Bank K.P.S.C. is a Kuwaiti public shareholding company and conventional bank, founded in 1977 and headquartered in Kuwait City. It is a majority-owned subsidiary of Kuwait Projects Company (Holding) (KIPCO). According to its 2025 annual report, KIPCO holds an effective 61%. The bank provides corporate, retail, private banking, wealth management and treasury services in Kuwait. It heads a group with subsidiaries in Algeria, Bahrain and Tunisia and a presence in Turkey and the UAE. In 2023 it sold 52% of Burgan Bank Turkey to a KIPCO subsidiary and kept management control. In 2025 it acquired 100% of United Gulf Bank in Bahrain, since renamed Burgan Bank Bahrain.
BIC **BRGNKWKWXXX** LEI **[558600NC81HKXMFSTY52](https://search.gleif.org/#/record/558600NC81HKXMFSTY52)** Licence no. **Not on a tracked register** Connected to Swift Swift GPI live member Head-office BIC only [Group: Kuwait Projects Company (Holding) K.S.C.P.](https://elucidate.co/directory/group/254900NKYL22Y1SJAI75) [Claim this profile](https://elucidate.co/directory/burgan-bank-k-p-s-c-brgnkwkw#claim)
## Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** BRGNKWKWXXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Live member
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** None: head-office BIC only
- **BIC first registered:** 1988-11-21
- **Last updated:** 2024-10-26
## Overview
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/burgan-bank-k-p-s-c-brgnkwkw#overview-sources)
Total assets
KWD 9.6bn
Group · 30 Jun 2026 · [interim report ↗](https://kuwaittimes.com/article/47340/business/burgan-bank-announces-financial-results-for-the-first-half-of-2026/)
Employees
Not published
Ownership
Group subsidiary
Ticker BURG
Institution type
Commercial bank
Trades as Burgan Bank
- **Ownership:** According to the bank's 2025 annual report, KIPCO holds an effective 61%, the Public Institution for Social Security (PIFSS) holds 8% and other shareholders hold 31%.
- **Direct parent:** [Kuwait Projects Company (Holding) K.S.C.P. (KIPCO) ↗](https://search.gleif.org/#/record/254900NKYL22Y1SJAI75), Kuwait
- **Major shareholders:** Kuwait Projects Company (Holding) (KIPCO), effective holding 61% · 31 Dec 2025 Public Institution for Social Security (PIFSS) 8% · 31 Dec 2025
- **Stock listing:** Boursa Kuwait BURG
- **Head office:** Burgan Tower, Al Sharq, Abdullah Al Ahmed Street, 12170 Kuwait City, Kuwait
- **Name in the local language:** بنك برقان ش.م.ك.ع
### Business lines
- Corporate banking
- Retail banking
- Private banking & wealth
- Markets & trading
- Trade finance
- Transaction banking & payments
- Cards
- Consumer finance
- Mortgage lending
The bank describes its base as corporate banking, with later expansion into retail, private banking and wealth management; its group also includes investment and asset management through Kamco Invest.
### Online
- **Websites & references:** [burgan.com ↗](https://burgan.com/) [Wikipedia ↗](https://en.wikipedia.org/wiki/Burgan_Bank)
- **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/burgan-bank) · [X ↗](https://x.com/burganbankgroup?lang=en) · [Facebook ↗](https://www.facebook.com/BurganBank/) · [Instagram ↗](https://www.instagram.com/burganbankkuwait/?hl=en)
Sources · 14 pages consulted
1. [burgan.com/en/aboutus/](https://burgan.com/en/aboutus/)
2. [burgan.com/en/executive-management/](https://burgan.com/en/executive-management/)
3. [burgan.com/en/board-directors/](https://burgan.com/en/board-directors/)
4. [burgan.com/en/corporate-document/](https://burgan.com/en/corporate-document/)
5. [burgan.com/en/services/contact-us/](https://burgan.com/en/services/contact-us/)
6. [burgan.com/en/solutions/payment-services/](https://burgan.com/en/solutions/payment-services/)
7. [burgan.com/en/banking/international-operations/](https://burgan.com/en/banking/international-operations/)
8. [burgan.com/en/documents/157/BBAnnualReport2025.pdf](https://burgan.com/en/documents/157/BBAnnualReport2025.pdf)
9. [kuwaittimes.com/article/47340/business/burgan-bank-announces-financial-results-for-the-first-half-of-2026](https://kuwaittimes.com/article/47340/business/burgan-bank-announces-financial-results-for-the-first-half-of-2026/)
10. [albawaba.com/business/pr/burgan-bank-announces-its-financial-1634157](https://www.albawaba.com/business/pr/burgan-bank-announces-its-financial-1634157)
11. [kuwaittimes.com/article/49610/business/kipco-reaffirms-commitment-to-burgan-bank-and-future-growth/](https://kuwaittimes.com/article/49610/business/kipco-reaffirms-commitment-to-burgan-bank-and-future-growth/)
12. [kuna.net.kw/ArticleDetails.aspx?id=3122389&language=en](https://www.kuna.net.kw/ArticleDetails.aspx?id=3122389&language=en)
13. [zawya.com/en/press-release/companies-news/burgan-banks-flagship-kanz-returns-lmn7km5q](https://www.zawya.com/en/press-release/companies-news/burgan-banks-flagship-kanz-returns-lmn7km5q)
14. [en.wikipedia.org/wiki/Burgan\_Bank](https://en.wikipedia.org/wiki/Burgan_Bank)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/burgan-bank-k-p-s-c-brgnkwkw#overview-sources)
- **Chief executive:**  Antoine Jean Daher Group Chief Executive Officer Confirmed 29 Sep 2026 · [burgan.com ↗](https://burgan.com/en/executive-management/)
- **Chair:**  Sheikh Abdullah Nasser Sabah Al Ahmad Al Sabah Chairman Confirmed 29 Sep 2026 · [burgan.com ↗](https://burgan.com/en/board-directors/)
- **Chief financial officer:**  Khalid Fahed Al Zouman Group Chief Financial Officer Confirmed 29 Sep 2026 · [burgan.com ↗](https://burgan.com/en/executive-management/)
- **Executive:**  Fadel Mahmoud Abdullah Chief Executive Officer - Kuwait Confirmed 29 Sep 2026 · [burgan.com ↗](https://burgan.com/en/executive-management/)
- **Executive:**  Andrew Christopher Singh Chief Risk Officer Confirmed 29 Sep 2026 · [burgan.com ↗](https://burgan.com/en/executive-management/)
## Supervisors & regulators
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/burgan-bank-k-p-s-c-brgnkwkw#overview-sources)
- **Kuwait:** Central Bank of Kuwait Central bank Prudential supervisor AML supervisor Conduct
## Recent events
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/burgan-bank-k-p-s-c-brgnkwkw#overview-sources)
1. Sep 2026
Other
The bank ran a rights issue of up to KWD 50 million, comprising 277,777,777 new shares at 180 fils, closing on 14 September 2026.
[kuwaittimes.com ↗](https://kuwaittimes.com/article/49610/business/kipco-reaffirms-commitment-to-burgan-bank-and-future-growth/)
2. Jul 2026
Other
The Central Bank of Kuwait and the Capital Markets Authority approved the bank's KWD 50 million rights issue.
[albawaba.com ↗](https://www.albawaba.com/business/pr/burgan-bank-announces-its-financial-1634157)
3. Apr 2026
Other
The bank resumed draws on its Kanz prize account after a suspension that began in March 2025.
[zawya.com ↗](https://www.zawya.com/en/press-release/companies-news/burgan-banks-flagship-kanz-returns-lmn7km5q)
4. Mar 2025
Merger / acquisition
The bank completed its acquisition of 100% of United Gulf Bank in Bahrain, which owns Kamco Invest.
[burgan.com ↗](https://burgan.com/en/banking/international-operations/)
5. Dec 2023
Merger / acquisition
The bank transferred 52% of Burgan Bank Turkey to Al Rawabi United Holding, a KIPCO subsidiary, and kept management control.
[kuna.net.kw ↗](https://www.kuna.net.kw/ArticleDetails.aspx?id=3122389&language=en)
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
## Identifiers
Head-office record
- **BIC:** BRGNKWKWXXX
- **How the BIC breaks down:** 1. BRGN Bank 2. KW Country · Kuwait 3. KW Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 558600NC81HKXMFSTY52
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/558600NC81HKXMFSTY52)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- **Country · region:** Kuwait · Middle East & North Africa
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
## Ownership and group
GLEIF relationship records
- **Direct parent:** Kuwait Projects Company (Holding) K.S.C.P. · Kuwait[254900NKYL22Y1SJAI75 ↗](https://search.gleif.org/#/record/254900NKYL22Y1SJAI75)
The Kuwait Projects Company (Holding) K.S.C.P. group has 5 institutions in the directory, in 4 countries: all hold a BIC.
Including [Fimbank P.L.C.](https://elucidate.co/directory/fimbank-p-l-c-fimbmtm3), [Burgan Bank A.S.](https://elucidate.co/directory/burgan-bank-a-s-tekftris), [Burgan Yatirim Menkul Degerler A.S.](https://elucidate.co/directory/burgan-yatirim-menkul-degerler-a-s-ismetri1), [United Gulf Bank B.S.C. (Closed)](https://elucidate.co/directory/united-gulf-bank-b-s-c-closed-ugubbhbm).
[See the Kuwait Projects Company (Holding) K.S.C.P. group →](https://elucidate.co/directory/group/254900NKYL22Y1SJAI75)
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
## Addresses
- **Registered address:** ABDULLAH AL AHMED STREET SAFAT 12170 5389 KUWAIT
- **Operational address:** BURGAN TOWER ABDULLA AL AHMAD STREET AL SHARQ KUWAIT 12170 KUWAIT POB 5389, SAFA KUWAIT
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
BRGNKWKWXXX
558600NC81HKXMFSTY52
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
BRGNKWKWXXX
558600NC81HKXMFSTY52
BURGAN BANK K.P.S.C
KW
ABDULLAH AL AHMED STREET SAFAT 12170 5389
```
Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Related institutions
### Subsidiaries in the directory
- [Burgan Bank A.S. BIC TEKFTRIS Financial institution Not on a tracked register Türkiye · Not on a tracked register · LEI 78900002R7HQKQX0CS57](https://elucidate.co/directory/burgan-bank-a-s-tekftris)
Entities that GLEIF records with this LEI as their direct parent.
### Same group
- [Fimbank P.L.C. BIC FIMBMTM3 Credit institution Prudential licence Malta · On the ECB list of supervised entities · LEI 529900Q2C3I7VCILLG45](https://elucidate.co/directory/fimbank-p-l-c-fimbmtm3)
- [Burgan Yatirim Menkul Degerler A.S. BIC ISMETRI1 Financial institution Not on a tracked register Türkiye · Not on a tracked register · LEI 7890007QWLWUJSNTBP22](https://elucidate.co/directory/burgan-yatirim-menkul-degerler-a-s-ismetri1)
- [United Gulf Bank B.S.C. (Closed) BIC UGUBBHBM Financial institution Not on a tracked register Bahrain · Not on a tracked register · LEI 549300S5Y3SCCQM7YP79](https://elucidate.co/directory/united-gulf-bank-b-s-c-closed-ugubbhbm)
[All 5 institutions in the Kuwait Projects Company (Holding) K.S.C.P. group →](https://elucidate.co/directory/group/254900NKYL22Y1SJAI75)
### Largest institutions in Kuwait
- [Commercial Bank of Kuwait Kpsc BIC COMBKWKW Financial institution Not on a tracked register Kuwait · Not on a tracked register · LEI 549300AZY1VDTDW4PX04](https://elucidate.co/directory/commercial-bank-of-kuwait-kpsc-combkwkw)
- [Gulf Bank, K.S.C.P. BIC GULBKWKW Financial institution Not on a tracked register Kuwait · Not on a tracked register · LEI 254900600P224MZQZD69](https://elucidate.co/directory/gulf-bank-k-s-c-p-gulbkwkw)
- [Al Mulla International Exchange Co BIC AMIEKWKW Financial institution Not on a tracked register Kuwait · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/al-mulla-international-exchange-co-amiekwkw)
- [Al Ahli Bank of Kuwait K.S.C.P BIC ABKKKWKW Financial institution Not on a tracked register Kuwait · Not on a tracked register · LEI 254900PGVVLJTOEWLL80](https://elucidate.co/directory/al-ahli-bank-of-kuwait-k-s-c-p-abkkkwkw)
- [Central Bank of Kuwait BIC CBKUKWKW Financial institution Not on a tracked register Kuwait · Not on a tracked register · LEI 2549005G75NMAK8TM233](https://elucidate.co/directory/central-bank-of-kuwait-cbkukwkw)
- [Citibank N.A. BIC CITIKWKW Credit institution Prudential licence Kuwait · On the FSB G-SIB list · LEI E57ODZWZ7FF32TWEFA76](https://elucidate.co/directory/citibank-n-a-citikwkw)
- [First Abu Dhabi Bank BIC NBADKWKW Financial institution Not on a tracked register Kuwait · Not on a tracked register · LEI 2138002Y3WMK6RZS8H90](https://elucidate.co/directory/first-abu-dhabi-bank-nbadkwkw)
- [Agility Public Warehousing Company K.S.C.P BIC APWAKWKW Non-financial corporate Not on a tracked register Kuwait · Not on a tracked register · LEI 549300C16Q6C2NMAI063](https://elucidate.co/directory/agility-public-warehousing-company-k-s-c-p-apwakwkw)
[See every BIC in Kuwait →](https://elucidate.co/directory/country/kw#bics)
Claim this profile
## Work at Burgan Bank K.P.S.C?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- **Images**—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: [burgan.com](https://burgan.com/en/) (official website) · [original](https://burgan.com/media/original_images/logo.svg); Antoine Jean Daher: [burgan.com](https://burgan.com/en/executive-management/) (official website) · [original](https://burgan.com/media/original_images/Tony.png); Sheikh Abdullah Nasser Sabah Al Ahmad Al Sabah: [burgan.com](https://burgan.com/en/board-directors/) (official website) · [original](https://burgan.com/media/original_images/Shaikh.png); Khalid Fahed Al Zouman: [burgan.com](https://burgan.com/en/executive-management/) (official website) · [original](https://burgan.com/media/original_images/Khalid.png); Fadel Mahmoud Abdullah: [burgan.com](https://burgan.com/en/executive-management/) (official website) · [original](https://burgan.com/media/original_images/Fadel_new.png); Andrew Christopher Singh: [burgan.com](https://burgan.com/en/executive-management/) (official website) · [original](https://burgan.com/media/original_images/Andrew.png).
## Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
[Book a demo](https://elucidate.co/demo-request)
Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.