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The United Bank announced 520 million Egyptian pounds is the micro finance portfolio by end of 2022

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Ashraf El Kady- The President of The United Bank, announced in a big ceremony held last week in the presence of micro finance team in UB 68 branches and headquarter the exceeding of Micro Finance portfolio to 520 million Egyptian pounds by the end of 2022. That’s a great leap in the finance growth rate by 50% more than 2021.

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Ashraf El Kady

Africa requires green financing solutions to face climate changes and accomplish sustainable development targets

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The United Bank, Chief Executive Officer and Managing Director Africa requires green financing solutions to face climate changes and accomplish sustainable development targets • Africa contributes less than 3% of the global warming. • The black continent suffers from severe climate changes. • 4 positive reflections of green economic development. • The African Development Bank is the first to issue green bonds mechanisms in 2013 to South Africa. • Egypt is to issue green bonds in 2022. • Green financing solutions are inevitable for human adoption with climate change consequences. • Moods states : Green bonds target 200 billion dollars by 2023. • The United Bank efforts towards sustainable green financing.

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Ashraf El Kady

According to The World Bank and The United Nations Conference on Trade and Development (UNCTAD)

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Ashraf El Kady- The Chief Executive Officer and Managing Director announced that the Egyptian technological exports made a great leap in the growth indicators to reach 460%. As per the data received from The World Bank and UNCTAD affiliated to The United Nations (2016-2021).

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