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Ashraf El Kady

The United Bank “Rakhaa” Fund achieves first the highest growth rates for cash funds compatible with the provisions of Islamic Sharia place in the market

20/11/2023

For the second time this year 2023 The United Bank “Rakhaa” Fund achieves first the highest growth rates for cash funds compatible with the provisions of Islamic Sharia place in the market Ashraf El Kady – Chief Executive Officer & Managing Director, The United Bank • Outstanding performance for UB “Rakhaa” Fund in the market. • Investors’ confidence in “Rakhaa” Fund’s performance is a good indicator supporting its investment flows. • 13 advantages for investing in Rakhaa Fund. • “Rakhaa” Fund wins regional awards for the best performance of monetary fund compatible with Islamic Sharia provisions.

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The United Bank is to demonstrate its professionalism in applying the electronic litigation system with 13 privilege

09/11/2023

The United Bank participated this week in “legal and economic challenges and horizons for artificial intelligence” conference organized by law faculty- Ain Shams University. The conference was held under the auspices of His Excellency Minister of Justice Omar Marwan, along with Dr. Mohamed Ayman Ashour- Minister of Higher Education and Scientific Research, Dr. Mohamed Dyaa Zain Eladbeen- President of Ain Shams University, Dr. Mohamed Safy- Dean of Law Faculty. With the presence of Dr. Yassin El Shazly- Eice Dean for Graduate Studies and Research, additional to a constellation of Law professors, chancellors, and judicial officers.

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United Finance succeeded in issuing the first securitization with 617.5 million L.E at the highest creditworthiness-rating portfolio

07/11/2023

After The Egyptian Financial Supervisory Authority approval United Finance succeeded in issuing the first securitization with 617.5 million L.E at the highest creditworthiness-rating portfolio Ashraf El Kady- The Chief Executive Officer and Managing Director The United Bank • United Finance is non-banking financial arm for UB. • United Finance received the highest creditworthiness rating needed to securitization. • The company works within ambitious strategy to achieve the highest growth annual rates. • An integrated system of non- banking finance solutions to attract investors. • Encouraging the private sector to increase the social and economic developmental rates aiming to improve the citizen’s life style and reduce unemployment.

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The United Bank previews the harvest of its 26 initiatives and eco-friendly green project and their economic, social and developmental impacts

29/10/2023

The United Bank previews the harvest of its 26 initiatives and eco-friendly green project and their economic, social and developmental impacts Ashraf El Kady- The Chief Executive Officer and Managing Director • The United Bank directed strategy towards maximizing green economic mechanisms. • UB participated in 26 initiatives and projects on green practices. • 4 green axis for UB strategy applications on economic, social, health and development levels. • 4 dimensions for settling green economy practices in Egypt.

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Each 10 % investments in SMEs green energy equals around 100 billion dollars returns in economic, social and sustainable developments

25/10/2023

In the second session of “El Nas we El Benok” - 17th edition Ashraf El Kady: Each 10 % investments in SMEs green energy equals around 100 billion dollars returns in economic, social and sustainable developments Ashraf El Kady- The Chief Executive Officer and Managing Director • SMEs represent 65% of the Egyptian economy structure. • Complementarity of the four side to set a green investment map: the state, The Central Bank and the banks, and the International financing institutions. • 4 developmental reflections to the green economy mechanisms. • 500 million dollar from the European Bank to rebuild and develop has been directed to SMEs greenly finance in Egypt from 2015 to 2021. • UB works as per a national agenda responsible for maximizing green finance mechanisms and attract SMEs investors. • UB road map to the responsible compliance standards in investment projects sector. • UB provides a package of banking and digital solutions for SMEs investors. • UB is a main contributor in supporting medium and small enterprises Fund of the Funds. • The green economy equation= maximizing digital services = boosting trade internally and externally. • The customer’s right to enjoy the fruits of technology.

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