Burgan Bank announces its sponsorship of Kuwait Hunting and Equestrian Club for its first 100km endurance race

Press release
Published March 14th, 2017 - 09:05 GMT

Picture of “Ahmad Abul, from Hunting and Equestrian Club, and Loulwa al-Ayoubi, Burgan Bank”
Picture of “Ahmad Abul, from Hunting and Equestrian Club, and Loulwa al-Ayoubi, Burgan Bank”

Burgan Bank, the second largest commercial Bank in terms of assets, has announced a sponsorship agreement with Kuwait’s Hunting and Equestrian Club, as part of its ongoing commitment to developing Kuwait’s sports scene and promoting an active and healthy lifestyle. Burgan Bank will be sponsoring a prestigious horse endurance race which extends to 100 kilometers.

This highly anticipated endurance race, which constitutes a world-standard horse sporting event, will take place on 18th of March. The aim of the sponsorship is to promote the club as a host for such prestigious races and to promote Kuwait as a hub for world-standard sporting events. The bank is proud to sponsor the club in its aspiration to host this first-time race, as it is a key establishment that hosts some of the most stimulating spectator sports such as horse racing; an intrinsic part of the Arabian heritage.

The sponsorship of this first-time race and of the highly regarded Kuwait Hunting and Equestrian Club is one of the several initiatives Burgan Bank is committing to spearhead, with the aim of encouraging athletic activities and inspiring more young people to take-up active living and engage in value-adding activities that help their skills-building and enhance their quality of living.

Burgan Bank has a long-established tradition of continuously looking to empower sportsmanship in every discipline, based on its strong-held belief that promoting healthy, active and quality living is a shared responsibility of the private and public sector.

The sponsorship falls under Burgan Bank’s full-fledged community program entitled ‘ENGAGE’ – Together to be the change. This program sheds light on important aspects affecting every segment of the society by promoting social welfare through educational, cultural, social and health initiatives.  Burgan Bank’s approach to 'ENGAGE' begins with a vital principle that as a Kuwaiti financial institution, its conduct and policies should be aligned with the needs and interests of the Kuwaiti society.

Background Information

Burgan Bank

Established in 1977, Burgan Bank is the youngest conventional Bank and second largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, and private bank customer base. Burgan Bank has majority owned subsidiaries in the MENAT region supported by one of the largest regional branch networks. which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.

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