The United Bank is to participates in the second annual healthcare investment Summit

02/12/2025

The United Bank is to participates in the second annual healthcare investment Summit

Nivine Kashmery: Deputy Managing Director for Business Sectors, The United Bank
•    Investing in health is an investment in Egypt's future.
•    Integration between the state, private sector, and banking sector is a necessity to achieve a leap in the quality of health services.
•    The United Bank has participated in 21 national initiatives and projects in the healthcare field.
•    The United Bank is an economic and community partner supporting health institutions and building a more efficient system.

Cairo: December 2, 2025

The United Bank participated today in the second annual healthcare investment summit

The summit discussed several key axes, most importantly: the state's efforts to encourage investments in health services, investment institutions and ways to benefit from economic recovery and government facilitations, efforts to localize medical industries and the requirements to benefit from exchange rate stability, enhancing medical service capacities to meet increasing demand while balancing cost and price, and how to achieve integration between the governmental, private, and banking sectors to maximize the quality of services provided to citizens. 

Additionally, the summit discussed ways to enhance the role of the banking sector and financing institutions in introducing banking products and services that contribute to the expansion and spread of healthcare services across the Republic, as well as encouraging investors to invest in this promising field.

In the second session, titled "efforts to localize medical industries and requirements to benefit from exchange rate stability and decreased interest rates," Nivine Kashmery – deputy managing director for business sectors at The United Bank – participated alongside an elite group of industry figures, including: Dr. Ali Yehia – regional director and general manager for Egypt and north africa at Jamjoom pharma, Omar Abdel Gawad – founding partner and CEO of Ibn Sina pharma, Dr. Nermin Tahoun – founder and managing partner of Tahoun Law firm, and Dr. Ahmed Keshta – head of corporate sector at AstraZeneca Egypt. The session was moderated by Yasser Shahin – managing director and CEO of Prime holding.

Kashmery affirmed that the health sector is a key engine for economic development and a supporter of quality of life, sustainability, and achieving social justice. Investing in health is an investment in Egypt's future. Therefore, integration between the banking sector, the health sector, and the private sector represents the cornerstone for achieving a qualitative leap in the quality of services provided to citizens and the efficiency of the health system.

Kashmery emphasized that the health sector in Egypt enjoys unprecedented growth opportunities, whether in the pharmaceutical industry, medical equipment manufacturing, or healthcare services. About 91% of the medicines used in Egypt are locally manufactured, according to Al-Ahram Al-Iqtisadi newspaper, alongside the state's drive towards localizing medical equipment manufacturing and raising the efficiency of health services.

She indicated that The United Bank has placed financing for the health and medical services sector within its strategy supporting sustainable economic and social growth. This is achieved through financing expansions for hospitals, specialized medical centers, laboratories, and pharmacies with specialized financing solutions serving the Small and Medium Enterprises (SME) sector, and retail banking financing dedicated to doctors and pharmacists. This is in addition to financing medical technology companies, especially since they have seen accelerating growth rates over the last three years, driven by strong demand for expansion, development, and digitalization in this vital sector.

The United Bank's financing services are summarized in 3 vital axes:
1.    Financing expansions and development in hospitals and medical centers, especially in governorates and areas needing specialized health services.
2.    Supporting health digital transformation.
3.    Empowering medical staff and entrepreneurs in the health services field through specialized financing programs for SMEs in the areas of medical devices, laboratories, and pharmaceutical services.

The United Bank is also preparing to launch specialized product packages for the health sector, most notably:
1.    A financing product for purchasing high-tech medical devices and equipment with flexible repayment periods that suit the operational nature of health institutions.
2.    Financing programs directed at doctors and pharmacists to establish and manage specialized clinics and medical centers.
3.    Green financing packages to support energy efficiency and sustainable operations projects within health institutions.
Nivine Kashmery pointed out that The United Bank is a development partner supporting the health sector and the services provided to citizens across all governorates of the Republic.

She stated that The United Bank has participated in 21 national initiatives and projects to support the healthcare sector in cooperation with the Ministry of Health, Tahya Misr Fund, and several civil society organizations, such as: the "100 Million Healthy Lives" campaign, the campaign to eliminate surgery waiting lists, the Women's Health campaign, and the initiative to eliminate Hepatitis C. It also launched the "Awladna Fi Eneina" (Our Children in Our Eyes) initiative for detection and combating anemia, blood deficiency, the causes of blindness, diabetes in children, and dermatological diseases and their prevention. As well as the "Eneik Fi Eneina" (Your Eyes in Our Eyes) initiative for detecting eye diseases, anemia, dermatological diseases, and diabetes in several governorates of the Republic. It also participated in medical convoys for the Misr El Kheir Foundation for detection, treatment, and artificial limbs for people with disabilities.

The United Bank has also been a supporter of several hospitals across Egypt, including: Sheikh Zayed Specialized Hospital, Shefaa Al Orman Hospital in Luxor, Bahya Hospital for free breast cancer treatment, 57357 Children's Cancer Hospital, Ayadi 4040 Hospital in Alexandria, the National Cancer Institute, Al-Minshawi General Hospital, and the Diabetes and Endocrine Institute. In addition to the Mansoura Liver Patients Care Association and Ahl Masr Hospital for Burns. Furthermore, it supported vascular surgeries and peripheral catheters at Kasr Al-Ainy and the treatment and rehabilitation of children with cerebral palsy. As well as Al-Nas Hospital, Yasmin El Samra Charity Foundation (DEBRA Egypt), and Al-Mabarra Hospital.

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