The United Bank relaunches "Themar" product to support and finance small enterprises

15/04/2026

The United Bank relaunches "Themar" product to support and finance small enterprises
Cairo: April 15, 2026  
In line with its national strategy aimed to expand the productive base and enhancing the private sector's contribution as the primary driver of economic growth, The United Bank has announced the relaunch of "Themar" product in its new look. This initiative is designed to finance small enterprises across various sectors; including industrial, commercial, and service sectors to support sustainable development and stimulate investment and production.  
The relaunch coincides with a major boom in Egypt's micro, small, and medium enterprises (MSMEs) sector. Latest indicators from The Central Bank of Egypt for 2025 show exceptional growth in funding portfolios for this sector across banks, confirming its pivotal role in the national economy.  
Building a Productive Culture: The product aligns with state directives to foster a productive culture, enhance financial inclusion, and stimulate the business environment to support the goals of sustainable development and Egypt Vision 2030.  
Boosting Localization: It aims to build a sustainable productive culture, increase the percentage of local components, and improve their quality, thereby enhancing the competitiveness of national industries.  
Tarek Fayed, CEO and Managing Director said "The small and medium enterprises sector is a fundamental pillar in reshaping the Egyptian economic structure due to its effective contribution to the GDP and its pivotal role in job creation, as well as enhancing the resilience of the national economy and its ability to adapt to global changes."
Adding that The United Bank's strategy focuses on directing finance toward SMEs in the industrial, service, and productive sectors. This supports deepening local manufacturing and enhances integration across different sectors by developing and maximizing local supply chains.  
Fayed highlighted that the current phase demands the innovation of flexible financing solutions that comply with international sustainability standards to achieve true empowerment for this promising sector. This will support local production, raise operational efficiency, and boost the competitiveness of Egyptian products regionally and internationally.  
Amr Noseir, Deputy Managing Director, added that "Themar" product aims to provide an integrated package of flexible financing solutions that enables small enterprises to expand, upgrade their technological infrastructure, and finance strategic inventory, machinery, equipment, and commercial vehicles.  
Loan Value: Up to 7 million EGP.  
Repayment Period: Up to 5 years.  
Adding that “Themar” will enhance the operational and productive efficiency of these enterprises, boosting their competitiveness locally and regionally while supporting efforts to deepen local components across productive and industrial sectors.