Burgan supports the development of a generation that contributes to Kuwait's growth
- Banking facilities for students’ parents, in line with the bank’s strategy of offering innovative solutions
- Fadel Abdullah: Our partnership with the American University reflects Birkhan’s commitment to empowering youth and facilitating their academic education
- We strengthen our role as a financial partner for customers and their families during their most important life stages
- Asil Al-Owaidi: Birkhan’s partnership provides families with greater flexibility in managing university costs
- This step embodies the bank’s role as a trusted partner that keeps pace with the aspirations of its individuals
Believing in the importance of investing in education and its role in empowering youth and honing their capabilities, Birkhan Bank 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. Through this agreement, the bank will offer its customers and their families flexible financing solutions to help ease the costs of university education and provide accessible facilities, thereby alleviating the financial burden of tuition fees on families while strengthening the bank’s ties with the academic community.
This partnership reflects Birkhan’s strategy, which places customers and the community at the core of its priorities, and underscores its ongoing commitment to providing innovative financial solutions that respond to families’ aspirations and evolving needs. The educational financing, available year-round, is part of a package of banking facilities for education offered to parents without any costs or administrative fees. Applications can be submitted in accordance with the approved credit policy and subject to meeting the conditions for final approval.
Commenting on the agreement, Fadel Abdullah, Chief Executive Officer – Kuwait at Birkhan, said: “Our long-term partnership with the American University of Kuwait reflects our steadfast commitment to the pillars of corporate social responsibility (CSR) and the integration of sustainability (ESG) standards into our initiatives. We believe that investing in higher education is a direct investment in human capital, which is fully aligned with the goals of Kuwait Vision 2035 (New Kuwait) to build a knowledge-based economy.”
Abdullah added: “By providing flexible financing solutions that help alleviate the financial burden on students and their families, we continue our role as a national financial institution seeking 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-Owaidi, President of the American University of Kuwait, stated: “We take pride in our collaboration with Birkhan in this initiative, which highlights the importance of the family’s role in supporting their children throughout their university journey. At the university, we believe in the value of partnerships that enrich the student experience and enhance students’ academic pathways. We also appreciate our ongoing partnership with Birkhan and look forward to continuing our work together to serve our students and support their families.”
Reaffirming its continuous efforts to serve the community, Birkhan is committed to supporting the education sector and providing comprehensive banking solutions and facilities that contribute to empowering students and alleviating the burden on their families and customers. This step embodies the bank’s role as a trusted financial partner that keeps pace with the aspirations of its individuals at all stages of their lives, reinforcing its corporate slogan, “You are our drive.”
