Burkan Bank offers flexible financing solutions for higher education

Believing in the importance of investing in education and its role in empowering youth and honing their capabilities, Bank Al-Bahrain continues to support educational initiatives that contribute to preparing a qualified generation capable of building its future and contributing to Kuwait’s development. In this context, the bank announced the signing of a strategic partnership agreement with the American University of Kuwait (AUK) during a ceremony held at the bank’s headquarters, offering its customers and their families flexible financing solutions to help ease the costs of university education and provide convenient facilities, thereby alleviating the financial burdens related to tuition fees for families and strengthening the bank’s ties with the academic community.

This partnership reflects Bank Al-Bahrain’s strategy, which places customers and society at the core of its priorities, and underscores its continuous commitment to providing innovative financial solutions that respond to families’ aspirations and evolving needs. The educational financing, available throughout the year, is part of a comprehensive package of banking facilities for parents, offered by the bank without any administrative costs or fees, with applications subject to the approved credit policy and fulfillment of final approval conditions.

Commenting on the agreement, Fadel Abdullah, CEO – Kuwait at Bank Al-Bahrain, said: “Our long-standing partnership with the American University of Kuwait reflects our steadfast commitment to the pillars of Corporate Social Responsibility (CSR) and integrating Environmental, Social, and Governance (ESG) standards into our initiatives. We believe that investing in higher education is a direct investment in human capital, which aligns perfectly with the objectives of Kuwait’s Vision 2035 ‘New Kuwait’ to build a knowledge-based economy.”

Fadel added: “By providing flexible financing solutions that help alleviate the financial burdens on students and their families, we continue our role as a national financial institution striving to empower youth and deliver sustainable added value to our community and customers at all stages of their lives.”

For her part, Dr. Asil Al-Awadi, President of the American University of Kuwait, stated: “We are proud of our collaboration with Bank Al-Bahrain in this initiative, which highlights the importance of the family’s role in supporting their children during their university journey. The university believes in the significance of partnerships that enrich the student experience and enhance students’ academic paths. We also value our ongoing partnership with Bank Al-Bahrain and look forward to continuing our joint efforts to serve our students and support their families.”

Reaffirming its continuous efforts to serve society, Bank Al-Bahrain remains committed to supporting the education sector by providing comprehensive banking solutions and facilities that contribute to empowering students and alleviating burdens on their families and customers. This step embodies its role as a trusted financial partner that keeps pace with the aspirations of individuals at all stages of their lives, reinforcing its corporate slogan: “You are our motivation.”