89. Burgan Bank Group

Country: Kuwait
Sector: Banks & Financial Services
Group CEO: Antoine Jean Daher
Market Value: $2.1 billion
Sales: $1.8 billion
Profits: $147 million
Assets: $24.1 billion

Established in 1977, the Burgan Bank Group is a majority-owned subsidiary of KIPCO. The bank’s subsidiaries include Burgan Bank Türkiye, Gulf Bank Algeria, and Tunis International Bank with a network of 126 branches. In 2023, the bank completed the sale of a 52% stake in Burgan Bank Türkiye for $187.8 million, as well as its 51.8% stake in Bank of Baghdad for $125 million.