Burgan Bank Welcomes Private Banking Customers at Al-Shaheed Branch

Kuwait, 7 May 2024: Burgan Bank announced that its Private Banking and Wealth Management services and products are now available at Al-Shaheed branch, ;enabling all high-net-worth individuals (HNWIs) to access the exclusive suite of tailored solutions at more locations with ease and convenience across Kuwait. This comes as part of the Bank’s expansive strategy and ongoing efforts to elevate its overall banking journey for customers.
“Convenience and limitless accessibility are the hallmarks of an elevated banking experience,” Mr. Meshari Abduljalil Shehab, General Manager - Private Banking and Wealth Management at Burgan Bank, said, commenting on the latest expansion of the Private Banking network. “That is why we are working on continuously expanding our Private Banking and Wealth Management services, online and offline banking touchpoints, and our network of branches that specifically cater to the sophisticated needs of our high-net-worth customers. Our ability to provide exclusivity to customers has expanded tremendously in the past few months, and we are on track to continue offering them even better accessibility, increased exclusivity, and a constantly elevated premium banking experience. To this end, our Private Banking and Wealth Management services will soon be available at more branches across the country.” 
In addition to the brick-and-mortar branches, Shehab clarified that HNWIs can contact Burgan’s expert investment advisors through a variety of online platforms.
This year alone, Burgan Bank succeeded in acquiring several licenses from the Central Markets Authority (CMA) to add more services to its premium Private Banking and Wealth Management services, including licenses for custodians, investment advisory, portfolio management, and unregistered securities brokers. In addition, the Bank expanded its team of CMA-registered investment advisors and relationship managers who are dedicated to tailoring investment plans that are suited to each HNWI’s portfolio, liquidity requirements, and capacity for risk.
Burgan Bank’s Private Banking remains a top-tier, full-service wealth management offering in Kuwait, serving high-net-worth customers; offering them a next-level premium banking journey and advising them on their wealth management journeys.