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Burgan Bank, a Kuwaiti bank affiliated to KIPCO, was established in 1977 and is one of the most recent Kuwaiti commercial banks and its activities. It is the second-largest bank in terms of assets, as it provides various banking services, and owns a stake in a number of banks in the East The Middle East and North Africa, including Tunisia, Iraq, Lebanon, Algeria, and the Emirates, provides its services in Turkey through Burgan Bank Turkey, which is wholly owned by it, and provides services in Kuwait through a wide network of branches.