Burgan Bank sponsors ‘Imagine Cup’ by Microsoft for the second time

Press release
Published January 10th, 2012 - 07:39 GMT
Burgan Bank
Burgan Bank

Burgan Bank announced today that it is sponsoring for the second time Microsoft’s annual Imagine Cup, an international premier student technology competition that is aimed at encouraging students to use their creativity and passion to present solutions for many of the world’s toughest challenges.

The concept of the ‘Imagine Cup’ competition inspires students from around the world to solve the world’s issues through the use of technology, in which programmers, designers and technologists are called on to rise to the challenge. Through this sponsorship, Burgan Bank will aid in the development and encouragement of young business savvy individuals to creatively search for solutions to real problems affecting the world. This will be accomplished by research, brainstorming, design elements, as well as finding the right mechanics suitable to tackle the respective issues.

Bashir Jaber, Burgan Bank's Assistant General Manager – Corporate Communications, said, “We believe in nurturing young talents and enabling them to discover their potential in an effort to create a sound world. Keeping in line with our social initiatives, Imagine Cup is an innovative concept that paves the way for top talents to hone their skills as software experts on a common, competitive and productive platform.

The competition will include a round of country finals that will be held in Kuwait, where the winning team will advance to Australia to compete at the worldwide finals.

Burgan Bank continues to establish long lasting footprints within the social fabric of Kuwait with an aim to provide more social support to the society. The bank has been actively involved in a variety of sponsorships and initiatives that demonstrate its commitment to the wider public in education as well as other sectors.

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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