Web News 171 2024

The United Bank 2024 Adopting green financing mechanisms is the safest path to localizing industry and agriculture aiming to diversifying the national income sources

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UB’s CEO and Managing Director Ashraf El-Kady: * Localizing industry and agriculture is the safest path to diversifying the national income sources and ensuring sustainable development. * Launching a number of green financing products during 2024. * Expanding financing for small and medium-sized industries with intensive technology and high productivity. * Supporting microfinance sector to achieve Egypt’s sustainable development, in line with UN’s agenda. * Encouraging innovation and technological applications to serve the 3 dimensions of sustainability: economy, society and environment. *Backing industrial sector in rationalizing consumption and replacing it with clean energy. *Green media is an essential pillar of societal transformation towards environmentally friendly transactions.

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