Kuwait Projects Company (Holding) - Investor Presentation
BURGAN BANK GROUP
•
•
Business highlights
Kuwait based commercial bank with regional presence in
seven countries
2nd largest conventional bank in Kuwait in terms of assets
(US$24.3bn¹)
BBB+ rating from S&P and Baa1 from Moody's, A+ from
Capital Intelligence and A from Fitch
Key Franchises
Name
Market Position
BURGAN
BANK
Kuwait
#2 conventional bank
BURGAN
BANK
Turkey
بنك الخليج الجزائر
Effective
Assets¹
Stake¹
US$ mn
Revenue²
US$ mn
100%
18,803
100
Niche player in corporate banking
100%
2,959
37
Gulf Bank Algeria AGE
#3 private sector bank in Algeria
86%
2,064
32
32
•
Listed on Boursa Kuwait with a market cap of US$2.9bn³
بنك تونس العالمي |
TLB Tunis International Bank
Leading offshore bank in Tunisia
87%
469
4
.
Basel III capital adequacy ratio of 17.0%¹
Loans & Deposits
US$ bn
Operating Income
US$ mn
NIM
1.7%
2.1%
Prov.
14.5
14.2
14.1
157
173
13.7
73
82
Net Profit
Loan Quality
US$ mn
%
40
67
46
284%
229%
213%
157%
40
2.3%
17
1.6%
75
100
2021
Q1 2022
Q1 2021
Q1 2022
Q1 2021
Q1 2022
2021
Q1 2022
Loans
■Deposits
■Kuwait Regional
INPA coverage with collateral
بنك برقان
1As on 31 March 2022
2Operating income defined as revenue for Q1'2022
3As of 12 May 2022
BURGAN BANK
NPA coverage without collateral
INPA to Gross Credit Facilities
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