The United Bank, GIZ, and IPC consulting conclude strategic sooperation project with the launch of a green finance product for medical equipment to support the SME Sector

14/06/2026

The United Bank, GIZ, and IPC consulting conclude strategic sooperation project with the launch of a green finance product for medical equipment to support the SME Sector
Tarek Fayed: Chief Executive Officer and Managing Director,  The United Bank  
•    Fruitful international partnership with GIZ and IPC supports sustainable development goals (SDGs) and Egypt Vision 2030.  
•    We aim to solidify green finance as a key driver for sustainable economic and social development.  
•    International partnership supports the green transition and enhances the role of sustainable finance.  
•    Financing solutions for eco-friendly medical equipment and digital applications to empower and boost the efficiency of the small and medium-sized enterprise (SME) sector across Egyptian governorates.  
•    The new product supports the shift toward a low-emission economy and improves citizens' quality of life.  
Cairo: June 14, 2026  
The United Bank announced today the launch of its specialized green finance product for medical equipment, dedicated to the small and medium-sized enterprise (SME) sector.  
This milestone comes at the conclusion of a joint strategic cooperation with the German Agency for International Cooperation (GIZ) and IPC Consulting. This pioneering step reflects the bank's commitment to promoting sustainable finance practices and supporting the efforts of Egyptian State and The Central Bank of Egypt to transition toward a green economy, in alignment with Egypt Vision 2030 and the Sustainable Development Goals (SDGs).  
The launch of this new green medical equipment financing product crowns the strategic partnership with international institutions GIZ and IPC. This partnership aimed to develop and launch packages of innovative, eco-friendly financing solutions. These solutions contribute to empowering the SME sector with priority given to the healthcare sector to acquire green, more efficient, and sustainable medical equipment. This directly reflects on the quality of healthcare services provided to citizens, enhances resource efficiency, and boosts the competitiveness of these enterprises across all Egyptian governorates.  
The fruitful cooperation among The United Bank, GIZ, and IPC Consulting encompassed providing specialized technical support, building institutional capacities, and developing an integrated framework. It also included designing and implementing green financing products in accordance with international best practices and standards in sustainable finance. This has enhanced The United Bank’s readiness to offer specialized banking solutions that support SMEs wishing to adopt more sustainable practices, use clean energy and digital applications, reduce emissions, and improve resource efficiency. Consequently, this helps increase production rates, lower operational costs, and achieve more sustainable economic growth.  
The closing event witnessed a high-level official presence, underscoring both sides' commitment to strengthening joint cooperation and supporting sustainable finance pathways. The event was attended by:  Tarek Fayed – CEO and Managing Director, Amr Noseir – Deputy CEO and Managing Director , Jos Alexander, Mahmoud Abdel Hamid, Nohair Kheri, and Nihal Hassan – representatives of the German Agency for International Cooperation (GIZ)  Ghada cameil – Head of the SME Sector, Dina Anan – Head of Sustainability and Sustainable Finance.  In addition to a group of team members from The United Bank, GIZ, and IPC Consulting.  
During the closing events, Tarek Fayed, CEO and Managing Director, The United Bank, stated that launching the new specialized green finance product for medical equipment represents an important step in The United Bank’s journey toward embedding sustainable finance and green economy concepts. This is achieved by weaving the foundations of sustainability into financing solutions, serving as a primary catalyst for the SME sector to transition toward a more efficient and sustainable economic model.  
He added that this strategic partnership targeted the healthcare sector as the beginning of a series of green financial products. The healthcare sector is one of the vital sectors affecting the quality of life and community development. Therefore, supporting medical institutions—specifically small and medium-sized enterprises specializing in healthcare services—to obtain modern, energy-efficient equipment will help lower operational costs, improve service quality, and enhance the capacity of these enterprises to grow and expand.  
Fayed pointed out that this cooperation comes at a time when the world is witnessing major economic and environmental shifts that have made sustainability and green finance solutions a primary driver for economic growth and community value creation. Furthermore, it enhances communities' ability to face climate challenges by encouraging investments in eco-friendly projects, stimulating innovation, creating sustainable job opportunities, and boosting the competitiveness of SMEs.  
He further added that The United Bank views green finance as a long-term investment in the future of the national economy, as it combines achieving economic returns with maximizing environmental and social impacts. He emphasized that financial institutions today are required to maximize their role in supporting the transition toward a low-carbon economy that is more resilient to climate and environmental challenges.  
Fayed concluded by affirming that The United Bank will continue its journey of developing innovative and sustainable banking products and services to support investors and clients in their transition journey toward going green. This contributes to achieving the Sustainable Development Goals and reinforces the banking sector's role as a key partner in building a more sustainable economic future for generations to come.  
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