The United Bank
Launches "Save for a better future" campaign on the sidelines of the activities of the Dignified Life Initiative and achieving financial inclusion in 3 governorates
Cairo: October 14th, 2021
Nevine Kashmiry - Deputy Managing Director for Business Sectors at The United Bank - announced the launch of "Save for a better future" campaign in 3 governorates as part of the financial inclusion campaign which comes on the sidelines of the national initiative "a decent life" and led by The Central Bank of Egypt aiming to raise the standard of living of citizens and improving the quality of services provided to them.
The United Bank, through its field visits to the 3 governorates: Assiout, Dakahleya, and Sohag, provides a package of banking solutions and digital services that contribute in increasing the volume of savings of citizens in different age groups, especially the youth and women category, aiming to empower this economically promising sector.
It offers a range of outstanding savings certificates with competitive returns, as well as a package of Sharia-compliant deed with different durations in Egyptian pounds and foreign currencies. It also offers the Millionaire Certificate, which gives its holder the opportunity to enter into monthly draws for prizes worth 4 million pounds annually.
The United Bank provides real estate financing services for low and middle income housing with financing periods of up to 30 years and a competitive return in accordance with the initiative of The Central Bank of Egypt, which contributes to the growth of the wealth of the Egyptian citizen by increasing his savings and investments in the real estate field, which increases its value over time.
This is in addition to a number of prepaid cards, topped by the national "Meeza" card and the "You got a gift" card, as well as Rakha’a card - the first Sharia-compliant credit card in the market.
The United Bank offers a variety of specialized funds, including: financing small, medium and micro projects sector, that involve commercial, service and craft activities. As well as financing start-ups and entrepreneurship under "Nile Pioneers" initiative of The Central Bank of Egypt.
Within "Save for a better future" campaign, customers can open bank accounts without administrative fees and without a minimum, in addition to a series of digital services including internet banking, mobile banking and digital wallet with their distinct features. And those who work 24 hours, 7 days a week so that The United Bank customers can follow up on all their personal accounts, whether they are deposits, certificates, cards or finances. And make all transfers between their accounts with complete freedom as well as making external transfers, whether for customers of The United Bank or non-customers in complete safety.
The digital services also enable The United Bank's customers to request the issuance of check books and the issuance of alternative cards, as well as activating or stopping the cards (if necessary) - in addition to the possibility of conducting an I-Score credit self-inquiry. As well as charging and paying cell phone and electricity bills, and the possibility of providing support and assistance through a group of major associations and institutions approved by The Ministry of Social Solidarity.
Nevine Kashmiry explained that The United Bank is always keen to work within the activities of financial inclusion campaigns led by The Central Bank of Egypt, aiming to support the state's directions towards integrating all citizens, especially the simple and marginalized groups of society such as women, youth, entrepreneurs, both the elderly and people of determination aiming to develop their savings, which contributes to raising and improving their standard of living.
The United Bank also works to provide all kinds of support to the various economic sectors from medium, small and micro projects and entrepreneurship, whether in the field of agricultural, industrial, commercial or service production to ensure their entry into the banking system and thus achieve comprehensive and sustainable economic development for the Egyptian state in accordance with Vision 2030.