Web News 7112023

United Finance succeeded in issuing the first securitization with 617.5 million L.E at the highest creditworthiness-rating portfolio

07/11/2023

After The Egyptian Financial Supervisory Authority approval United Finance succeeded in issuing the first securitization with 617.5 million L.E at the highest creditworthiness-rating portfolio Ashraf El Kady- The Chief Executive Officer and Managing Director The United Bank • United Finance is non-banking financial arm for UB. • United Finance received the highest creditworthiness rating needed to securitization. • The company works within ambitious strategy to achieve the highest growth annual rates. • An integrated system of non- banking finance solutions to attract investors. • Encouraging the private sector to increase the social and economic developmental rates aiming to improve the citizen’s life style and reduce unemployment.

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The United Bank previews the harvest of its 26 initiatives and eco-friendly green project and their economic, social and developmental impacts

29/10/2023

The United Bank previews the harvest of its 26 initiatives and eco-friendly green project and their economic, social and developmental impacts Ashraf El Kady- The Chief Executive Officer and Managing Director • The United Bank directed strategy towards maximizing green economic mechanisms. • UB participated in 26 initiatives and projects on green practices. • 4 green axis for UB strategy applications on economic, social, health and development levels. • 4 dimensions for settling green economy practices in Egypt.

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Each 10 % investments in SMEs green energy equals around 100 billion dollars returns in economic, social and sustainable developments

25/10/2023

In the second session of “El Nas we El Benok” - 17th edition Ashraf El Kady: Each 10 % investments in SMEs green energy equals around 100 billion dollars returns in economic, social and sustainable developments Ashraf El Kady- The Chief Executive Officer and Managing Director • SMEs represent 65% of the Egyptian economy structure. • Complementarity of the four side to set a green investment map: the state, The Central Bank and the banks, and the International financing institutions. • 4 developmental reflections to the green economy mechanisms. • 500 million dollar from the European Bank to rebuild and develop has been directed to SMEs greenly finance in Egypt from 2015 to 2021. • UB works as per a national agenda responsible for maximizing green finance mechanisms and attract SMEs investors. • UB road map to the responsible compliance standards in investment projects sector. • UB provides a package of banking and digital solutions for SMEs investors. • UB is a main contributor in supporting medium and small enterprises Fund of the Funds. • The green economy equation= maximizing digital services = boosting trade internally and externally. • The customer’s right to enjoy the fruits of technology.

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The United Bank wins the first place; The Future of Virtual Currencies competition from The Egyptian Banking Institute

25/10/2023

On the sidelines of “El Nas we El Benok” - 17th edition The United Bank wins the first place; The Future of Virtual Currencies competition from The Egyptian Banking Institute

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Web News 2192023

The United Bank discusses with Sudanese Investors ways to boost commercial exchange and increase investments in Egypt

19/09/2023

• Promising opportunities to increase Sudanese investments in Egypt. • 97 million dollar is Sudanese’s investments in Egypt by 2020. • Attractive investing climate in Egypt with the state’s application tp economic diversification policy. • Sudan is Egypt’s gate to the African continent. • UB provides a full package of banking solutions and digital services to increase the volume of commercial exchange. • A set of technical and banking consultations to double up the Sudanese investments in 68 UB branches. • Egypt and Sudan got historic, economic, cultural linkages. • Activating the four freedoms agreement along with COMESA and free trade will double up the commercial exchange.

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