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The United Bank Participates in the "My Book is My Gift" Initiative in Cooperation with the Egyptian Clothing Bank

02/10/2025

Under the patronage of The Central Bank of Egypt and coinciding with the start of the new academic year, The United Bank participated in "My Book is My Gift" initiative, in cooperation with The Egyptian Clothing Bank.  The initiative aims to contribute books, tools, and school supplies to the most needy students across the Republic. This participation is part of UB's commitment to its leading role in corporate social responsibility (CSR), supporting the education sector, and achieving the principles of sustainable development.

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The United Bank restarts 25 stalled factories for operation and production

24/09/2025

Tarek Fayed, Chief Executive Officer and Managing Director, The United Bank •    Restarting stalled factories is a top priority to support the national economy. •    Partnership between the State, the financial/banking sector, and the private sector is essential for sustainable growth with administrative and technological restructuring. •    Reviving factories enhances investor confidence in Egypt's ability to keep pace with global changes. Farag Abdel Hamid, Deputy Managing Director, The United Bank: •    Restarting stalled factories means protecting thousands of jobs and stabilizing supply chains. •    The United Bank provides financial, technical, and legal solutions to return factories to production. •    The shift toward the Green Economy and energy efficiency is an essential part of the restart plan.

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The United Bank Signs a Cooperation Agreement with GIZ and IPC Consulting to Issue Green Products Supporting the SME Sector

18/09/2025

The United Bank Signs a Cooperation Agreement with GIZ and IPC Consulting to Issue Green Products Supporting the SME Sector Cairo: September 18, 2025 In a move reflecting its commitment to the mechanisms of the green economy, innovation, and banking leadership, The United Bank today announced the signing of a joint cooperation agreement with the German Agency for International Cooperation (GIZ) and IPC Consulting. The aim is to stimulate the market to increase investments directed towards green finance, which reinforces the national strategy for integrated growth in line with Egypt's Vision 2030.

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In his first statement after being appointment as Chief Executive Officer and Managing Director, Tarek Fayed highlights 4 main pillars for The United Bank's new takeoff strategy

01/09/2025

strategy reflects a commitment to economic and social development, digital transformation, sustainability, and meeting the current and future needs of customers. •    A fully integrated banking and digital system through diverse financial solutions and products to maximize the contribution of various business sectors, especially the small, medium, and micro-enterprises sector. •    Expansion of banking services and products for individuals through a variety of conventional, digital, and Sharia-compliant banking solutions to suit different customer segments. •    Deepening green economy mechanisms and environmental, social, and economic sustainability applications to preserve the rights of future generations. •    Deepening community participation to enhance sustainable development practices.

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The United Bank achieves EGP 1.5 billion in net profit during the first half of 2025, with a growth of 27% over the same period last year.

17/08/2025

The 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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