The United Bank has announced the launch of a dedicated Doctors’ Financing Product aimed at supporting physicians and strengthening the healthcare system by helping to establish and expand clinics and medical centres, as well as enhance the efficiency of healthcare services provided to citizens.
The new product aligns with the state’s development priorities, the Central Bank of Egypt’s policies, Egypt Vision 2030, and national initiatives to support small, medium and micro enterprises (SMMEs).
Targeting doctors across all specialisations nationwide, the product caters to both early-career physicians and those seeking to expand existing clinics, establish medical centres, or upgrade medical facilities. This initiative reinforces the United Bank’s role as a developmental, economic and social partner committed to improving the quality and sustainability of the healthcare sector.
The Doctors’ Financing Product offers flexible and competitive financing solutions, featuring an interest rate of 5%, repayment periods of up to seven years, and simplified procedures tailored to the nature of medical practice and its operational and investment requirements. It enables medical professionals managing establishments of varying sizes to engage in long-term financial planning, in line with state and Central Bank initiatives aimed at achieving comprehensive development.
According to official statistics, the total number of doctors working in the public and private sectors reached approximately 212,835 in 2024, including around 82,000 in the public sector—equivalent to nine doctors per 10,000 citizens. This remains well below the global average of 23 doctors per 10,000 citizens. More than 60% of Egyptian doctors are also reported to be working abroad. Against this backdrop, The United Bank has moved to help narrow this gap and improve efficiency in addressing the challenges facing this vital sector.
Tarek Fayed, CEO and Managing Director of the United Bank, said the launch of the Doctors’ Financing Product comes at a critical time, as the state and the Central Bank of Egypt intensify efforts to support small and medium-sized enterprises, which he described as a cornerstone of economic growth.
Fayed stressed that investing in medical professionals and healthcare facilities is a direct investment in the health of Egyptian citizens and the quality of medical services, particularly in underserved and remote areas.
He added that the United Bank’s strategy focuses on supporting vital sectors—foremost among them healthcare—through specialised financing frameworks that enhance medical performance and raise service standards.
Meanwhile, Amr Nasseer, Deputy Managing Director, said the new product helps address financing challenges faced by medical establishments of all sizes, especially in relation to upgrading medical equipment.
He noted that the bank continues to offer integrated financing and digital solutions, including corporate and retail digital banking services, microfinance, technical support, and financing for innovation and entrepreneurship, in a manner that supports financial inclusion and sustainable development.
