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MoreThe United Bank announced a net profit of EGP 1.5 billion during the first half of the year, a growth of 27% compared to the same period last year. This was supported by a notable growth in the financial position, which reached EGP 89.5 billion, an increase of 8%, resulting from a rise in deposits to EGP 69.7 billion, with an 11% growth, along with an increase in the loan portfolio to EGP 35.9 billion, a 15% increase.
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The United Bank contributes EGP 600 million to a syndicated loan of EGP 6.2 billion, led by Banque Misr, for Mountain View Real Estate. Ashraf El Kady - CEO and Managing Director ● Several reasons for banking institutions to support urban development projects. Cairo: August 3, 2025 Last week, The United Bank, as part of a large banking syndicate of six banks led by Banque Misr, signed a long-term syndicated loan agreement with a maximum tenor of seven years. The EGP 6.2 billion loan will finance part of the investment cost for the Mountain View 1.1 project, which has a total value of approximately EGP 14.4 billion. The signing ceremony was attended by Farag Abdel Hamid, Deputy Managing Director, Moataz El Kasaby, Deputy Managing Director and Head of Risk Sector, and Albert Nassan, Head of Syndicated Loans, on behalf of The United Bank.
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Nevine Kashmiry – Deputy Managing Director and Head of Business Sectors, The United Bank • Strengthening public-private partnerships to open up new horizons for financing education system in Egypt. • Launching the National Human Rights Strategy 2021, followed by the State Ownership Policy Document, aimed deepening Egyptian identity and building an innovative and educated generation. • Major financing challenges facing the education system in Egypt. • 14 initiatives launched by The United Bank in the field of education.
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In a new step to support the state's efforts to provide suitable housing for all segments of society, The United Bank signed today its second joint cooperation protocol with the Journalism Syndicate. The protocol aims to offer real estate finance services and programs to syndicate members with easy terms and competitive advantages, in line with The Central Bank of Egypt's initiative.
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Yesterday, Egypt's Best Summit selected The United Bank for its annual list of the best institutions operating in the Egyptian market for 2024. This recognition is in appreciation of its impactful role in boosting the local economy and enabling effective practices towards sustainable development.
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The United Bank showcases its pioneering experience in electronic litigation at the forum of successful administrative experiences and practices.
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The LSEG institution for anti-money laundering and counter-terrorism financing solutions and applications awarded The United Bank the Shield of Excellence on the sidelines of the annual conference held in Cairo last May 2025.
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Forbes Middle East has selected The United Bank as "The Top 50 Strongest Public Companies in Egypt for 2025"
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