Latest in Tag: United Bank Highlight
Latest in Tag: United Bank
United Bank joins alliance to establish ‘Lighthouse’ educational platform with EGP 1.75bn capital
Beltone Financial acts as financial advisor
CBE selects EFG Hermes-Evercore alliance as advisor for United Bank’s equity stake offering
According to the CBE’s Sunday statement, they selected the duo out of five investment banks that were bidding for the role.
US investment fund to buy United Bank of Egypt in 3 months, CBE to maintain stake: Amer
The United Bank of Egypt will be sold to a major US investment fund within three months, the Central Bank of Egypt’s (CBE) Governor Tarek Amer revealed on Monday. Amer told Daily News Egypt that the CBE will retain a stake in the bank, without revealing the size of this stake. The CBE owns 99.9% …
United Bank’s mortgage portfolio scored EGP 235m: Chairperson
Bank funded housing units purchase for 1,850 clients, says El-Kady
United Bank shifting from losses to profits, earning over EGP 1bn: chairperson
Bank injected EGP 136m to 1,800 low- and middle-income mortgage financing clients, says El-Kady
United Bank ends tax disputes of EGP 100m
Bank keen on solving all disputes of stamp duty, fulfill obligations towards state, citizens, says El-Kady
SMEs account for 24% of United Bank’s total credit portfolio: vice chairperson
Bank to offer unique funding solutions, smart digital services, to support these projects, say Abdel Hamid
United Lease aims to increase activities to EGP 2bn by end-2018: Maher Abu Setit
The company started operation in H2 of 2017, with 90% stake owned by the United Bank, Abu Setit said
United Bank, Afreximbank cooperate to maximise volume of Egyptian exports to Africa
Afreximbank guarantees export earnings of Egypt, protects them from risk of non-payment, United Bank provides a package of services to increase volume of foreign trade in African markets, says El-Kady
SMEDA signs agreements with United Bank, ABE worth EGP 170m to finance small ventures after Eid
We aim to inject EGP 3bn to finance small and micro enterprises, says Gamea
United Bank, Sudanese delegation discuss enhancing cooperation between financial, banking institutions
Bank offers range of services, credit solutions, technical consultations to support Egyptian exporters internally, externally, says El Kady
United Bank intends to settle EGP 500m worth of bad debts within CBE initiative
We do a comprehensive inventory of our defaulting customers, study reasons for their failure, then settle with those who meet terms, conditions of initiative, says El Kady
United Bank lays out seven-point strategy
Intelligent banking services, intensification of financial inclusion campaigns, expansion of Shariah-compliant banking solutions, says El Kady
United Bank, IDA cooperate to support SMEs
Bank’s role is to grant funding, raise financial culture of investors, says Kashmiri
United Bank launches forum for clients on financial inclusion
Forum is strong start to highlight real success stories, says El Kady
United Bank launches UB Digital Wallet
Fintech has become main engine of growth for national economy, dissemination of financial inclusion culture, says El Kady The United Bank of Egypt (UB) launched the UB Digital Wallet, which is its latest technological solution for the Egyptian financial market, in lieu with the efforts of the state and the Central Bank of Egypt (CBE) …
Five main aspects of theto United Bank’s work strategy in 2018: chairperson
Package of new digital solutions will be launched, customers will be educated, financial inclusion campaign will be intensified, base of beneficiaries will be maximised, says El Kady
United Bank establishes specialised technical, advisory support unit for entrepreneurs
The unit aims to ensure the continuity of the project and the return on the invested money, said El Kady
United Bank offers specialised technical, financing advice to Egyptian exporters
The cooperation between the bank and the General Organisation for Export and Import Control aims to provide a range of financial services to exporters, says El Kady
United Bank to finance TREEX exhibition clients
The exhibition will kick off next month with the participation of 20 real estate companies
SMEs represent 15% of total loans portfolio in United Bank: chairperson
We aim to take the percentage to 20% by the end of 2018 before the decided period of the CBE’s initiative ends, says El Kady
CBE’s role pivotal in economic reform programme, restoring investors’ confidence: El Kadi
Egypt has an attractive investment climate for local, global, and Arab investments, as well as diverse investment opportunities and economic activities
United Bank signs MoU with EBRD to support SMEs
The rehabilitation of local SMEs for global competition is the real hope to maximise domestic output, says Kashmiri
United Bank provides EGP 200m to finance small and micro enterprises: chairperson
Bank launched Intlaka programme for financing small and micro enterprises in increasing production of local components
United Bank aims to increase real estate finance portfolio to EGP 300m
The portfolio’s volume now is EGP 110m, but contracts to fund 11 projects in New Urban Communities were signed, says Samir
United Bank obtains EGP 120m from SFD to finance SMEs
We signed six contracts with the fund so far, totalling EGP 395m, says El Kady
United Bank launches self-inquiry through its website and ATMs
The bank is keen on offering a package of new smart technology solutions to meet customers’ needs, according to El Kady
United Bank aims to achieve 20% growth in financing portfolio
The bank is restructuring the corporate sector and is dividing it into specialised administrations for various sizes and types of financing activities, says Kashmiri
United Bank to be first bank to join Egyptian SMEs Association
The bank is to sign a cooperation protocol with the association to investigate aspects of technical and financial support for the development of this sector, Kashmiri
United Bank completes 90% of developments of its electronic infrastructure in cooperation with Misys: chairperson
The bank has become ready to begin providing smart digital banking services and solutions on an international level, says Ashraf Elkady