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Burgan Bank participates in Cedar-IBSi ‘Building a Future-Ready Bank' event
Burgan Bank participates in Cedar-IBSi ‘Building a Future-Ready Bank' event

Kuwait Times

time25-05-2025

  • Business
  • Kuwait Times

Burgan Bank participates in Cedar-IBSi ‘Building a Future-Ready Bank' event

Bank committed to advancing digital transformation in Kuwait KUWAIT: Burgan Bank recently took part in the Cedar-IBSi event titled 'Building a Future-Ready Bank', joining industry leaders and top market influencers at Jumeirah Messilah Beach in vital conversations around the future of banking in Kuwait, as guided by the national goal to achieve the New Kuwait 2035 Vision. The Bank's participation, represented by Rami Al-Dhafiri, Assistant General Manager – Digital Transformation, echoes its steadfast commitment to exchanging expertise and vital knowledge as well as building valuable networks and partnerships, in a bid to catalyze the development of Kuwait's local economy and banking sector. As part of Burgan Bank's participation, Al-Dhafiri contributed to a panel discussion on 'NextGen Transaction Banking & Payments,' which analyzed the influence of modern technologies on the market, how they are shaping the banking and finance sector, and the anticipated future foreseen as a natural evolution for the advancement unfolding today. Hosted by Cedar Management Consulting, a global strategy consulting firm, and IBS Intelligence, a leading FinTech research and advisory firm, the 'Building a Future-Ready Bank' event is part of a global series designed to spotlight innovation and leadership in banking technology and financial services. 'It is a privilege to be part of an institution as forward-looking as Burgan Bank, in a market that is as digitally ready as Kuwait,' Al-Dhafiri commented on his participation in the event. 'Thanks to the forward-looking ecosystem fostered by the nationwide Vision 2035, Burgan Bank continues to take confident leaps along its robust digital transformation strategy, allowing us to remain abreast of the highest international standards of excellence.' In addition, the event covered other pressing topics concerning digital banking and artificial intelligence (AI), such as 'Future of Banking A Business Leadership Strategic Perspective' and 'AI in Action Pioneering the Next Wave of Digital', as well as an overview the emerging banking and technology trends. It is worth noting that Burgan Bank remains committed to participating in and sponsoring some of the most important local and regional industry events, confirming its steadfast resolve to be a proactive contributor to the comprehensive development of banking and finance in Kuwait and the region.

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