The United Bank Opens its Newest Branch in Port Said

17/08/2017

Under the slogan Made in Egypt, The United Bank opens its newest branch in Port Said

Ashraf El-Kady - Chairman The United Bank:

•    The new branch is the first application for manufactured in Egypt system.
•    All components of the branch are 100% Egyptian.
•    An important experience will be generalized to all new branches of The United Bank.
•    The gallant city of Port Said supports the march of economic development.
•    Expansion of banking services in the axis of development to maximize national income.
•    The new branch offers an innovative system of digital banking services.
•    Our aim is to acquire a market share commensurate with the bank's technical capabilities.
•    A bouquet of premium banking services, whether conforming to the provisions of Shariaa or traditional.

Under the slogan "Made in Egypt," Chairman of The United Bank, Ashraf El-Kady, announced the opening of the new bank branch in Port Said, with a trademark bearing the name of manufactured in Egypt, as part of the general trend of the State, and The Central Bank of Egypt to encourage, and support the national industry, to qualify for global competition.

El-Kady said that the experience of Port Said branch, The United Bank 52nd branch, is based on supporting, and encouraging the national industry, where all components of the branch are 100% Egyptian materials, raw materials and products. Made by Egyptian hands, and conforming to the quality standards required for the bank branches. Thus, The United Bank is one of the first shareholders to support and encourage the national industry.

He added that the The United Bank’s 52 branches, especially the new ones, came out with a modern design that suits the needs of customers, and the pace of the team. The idea of unifying the general structure of the external, and internal branches is based on the principle of uniting the rhythm of quick, and professional performance, as well as the sense of excellence,  and competitiveness, which positively reflects on the performance of the team, and the position of the bank in the market.

Ashraf El-Kady said that the bank has set its strategic priorities to expand its branches, and banking services, especially the electronic to serve the Egyptian economy, and social activity of the region, in order to meet the needs of current and future customers.

The gallant city of Port Said supports the path of economic development:

As for the selection of Port Said to establish The United Bank recent branch, El-Kady points out that the gallant city of Port Said, is one of the mainstays of the Egyptian economy development. The city is currently witnessing a number of mega-national projects, that will make a shift in the Egyptian economy in general, starting from the Suez Canal development axis, the emergence of new gas discoveries in the field of Zohr, and the establishment of the new city of Port Said, overlooking the most important areas of the axis of development. As well as a number of national production projects, whether for the development of agriculture and fishery. In addition to the great importance of Port Said Port; as one of the most important Egyptian ports on the Mediterranean Sea.

Zohr Field - the most prominent discoveries of natural gas:

El-Kady said the discovery of Zohr Field is one of the most important discoveries of natural gas in the eastern Mediterranean. The positive effects of these discoveries will be reflected directly on the Egyptian state budget. Where the budget will provide billions of dollars, that will be directed to development projects across the Republic.

New Port Said City:

Ashraf El-Kady said that the state plan for urban development expansion in Port Said governorate, through the establishment of the new East Port Said City, indicates a privileged position for this brave province. The new Port Said city is an integrated urban, and industrial community that includes residential, and service facilities, as well as operational areas. The city is bordered to the west by the Suez Canal Development Project, which includes Port Said Port, a large industrial zone and fish farms.

Therefor, The United Bank raises through The Central Bank of Egypt's initiative financial solutions, to finance housing for low, and middle-income citizins to suit all segments of society. It also offers Shariaa-compliant financing solutions, including the ownership ended lease product.

Port Said Industrial Zone:

The Bank also provides the investors in the industrial zone with unique financing solutions to finance small, medium and micro enterprises. As part of the initiative of The Central Bank of Egypt, through the product of “Intilaaqah” to finance productive projects, industrial, service, and commercial with competitive returns, and comply with the provisions of the Shariaa, as part of a clear strategy for the bank to strengthen the national industry, and to promote the presence of the product, that bears the mark of manufacture in Egypt in the world markets.

Package of digital products

Through the Digital Center, The United Bank offers online banking services, this allows customers to conduct all their transactions without the hassle of going to the branch anywhere, in just a few seconds. The bank's personal bank operates 24 hours a day, seven days a week, with the highest international efficiency and technology.

It also offers electronic payment systems for taxes and customs. This service contributes heavily to facilitate the procedures and shorten the time and effort. This will facilitate the movement of trade that directly affects the national economy.

ATM services, which offer multiple, and developed solutions for customers, including the possibility of inquiring about the creditworthiness of the moment. As well as the possibility of currency exchange at the market price, and payment services for landline, and mobile bills, in addition to many other services.

Ashraf El-Kady pointed out that all the 52 branches of the bank are offering a package of distinguished products; from savings and investment funds, that are in accordance with the provisions of Shariaa, and traditional products in Egyptian pound, and foreign currencies. Also cards of different types, as well as personal finance programs, and educational financing.