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Burgan Bank signs Share Purchase Agreement (SPA) with Eurobank EFG to acquire Eurobank Tekfen

into an agreement with Eurobank EFG to acquire a 99.26% stake in Eurobank Tekfen, Turkey. ... in Eurobank Tekfen, Turkey. Under the terms of the SPA, Burgan Bank has agreed to acquire the stake ... Eurobank Tekfen was established in 1989 by Tekfen Group as an investment and finance bank. EFG acquired ...

Press Release - 09/04/2012 - 13:01 - comment 0

Burgan Bank receives approval from Turkey’s Banking Regulation and Supervision Agency on its acquisition plan of Eurobank Tekfen – Turkey

the approval from Turkey’s Banking Regulation and Supervision Agency on its deal to acquire Eurobank Tekfen ... from Turkey’s Banking Regulation and Supervision Agency (BRSA) on its deal to acquire Eurobank Tekfen ... stake in Eurobank Tekfen. Eurobank Tekfen was established in 1989 and enjoys an extensive geographic ...

Press Release - 09/12/2012 - 06:36 - comment 0

Burgan Bank receives approval from Kuwait’s Central Bank on its Acquisition plan of Eurobank Tekfen - Turkey

approval from the Central Bank of Kuwait on its Deal to acquire Eurobank Tekfen in Turkey from Eurobank ... of Kuwait on its Deal to acquire Eurobank Tekfen in Turkey from Eurobank EFG. The bank is still awaiting ... stake in Eurobank Tekfen. Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank said: “We thank ...

Press Release - 07/10/2012 - 05:54 - comment 0

Burgan Bank completes the acquisition of Eurobank Tekfen in Turkey

acquisition process to acquire a 99.26% stake in Eurobank Tekfen from Eurobank EFG for a deal value of KD ... process to acquire a 99.26% stake in Eurobank Tekfen from Eurobank EFG for a deal value of KD98.88 million (approximately TRY627mn). Eurobank Tekfen and its subsidiaries (EFG Istanbul Equities & EFG Leasing) ...

Press Release - 23/12/2012 - 06:31 - comment 0

Burgan Bank expands its brand across Turkey

Burgan Bank Group today announced that it has extended its regional brand platform to Turkey. Burgan Bank Group today announced that it has extended its regional brand platform to Turkey. Following its recent acquisition, Eurobank Tekfen ...

Press Release - 28/01/2013 - 11:07 - comment 0

Burgan Bank successfully completes KD100mn subordinated bond issue

17.5% after the Eurobank Tekfen acquisition in Turkey, well above the Central Bank of Kuwait’s 12% ... of the bond will be used for further supporting the Bank’s capital, especially after acquiring EuroBank Tekfen. Burgan Bank continues its strategy of raising funds from the debt capital markets to strengthen ...

Press Release - 27/12/2012 - 12:10 - comment 0

Burgan Bank’s brand rating re-affirmed as AA with a positive outlook

to Turkey following its recent acquisition of Eurobank Tekfen, where as of January 28, is operating under ...

Press Release - 10/02/2013 - 06:16 - comment 0

Burgan Bank wins “Best Bank in Kuwait” award from EMEA Finance

to acquire 99.26% of Eurobank Tekfen in Turkey and 25% of FIM Bank, Malta. "This outperforming growth ...

Press Release - 28/11/2012 - 07:53 - comment 0

Burgan Bank Group reports net profit of KD 17.5 million for the first quarter of 2012 reflecting a 48% Y-O-Y growth

that it has entered into an agreement with Eurobank EFG to acquire a 99.26% stake in Eurobank Tekfen, Turkey. ...

Press Release - 26/04/2012 - 05:41 - comment 0