United Bank to launch ‘Egara’ financing system for real estate in regular and Islamic systems: chairperson
In the Egara system, residential units are owned by the bank until…
United Bank’s SMEs portfolio reaches EGP 900m: chairperson
According to El-Kady, SME-projects represent about 12% of the bank's credit portfolio,…
No serious steps taken so far to sell United Bank, offer shares of AAIB, Banque du Caire in IPO: CBE deputy governor
This issue is still being studied, and we are coordinating with Kuwait…
United Bank, SFD sign EGP 150m contracts to finance SMEs
The first contract stipulates that the SFD will provide EGP 100m for…
Ashraf El-Kady sets five-year plan for United Bank’s work despite CBE announcement
CBE recently announced it would sell the bank to a strategic investor…
United Bank leaders deny knowledge of selling bank to strategic investor
We have not yet received any formal notification from CBE, says El-Kady
United Bank awarded best organisational re-structural bank in the market
Chairman and managing director of the bank, Ashraf El Kady, received the…
SMEs comprise 9.5% of United Bank’s loan portfolio by end of December 2015
We target 25% increase in funds directed to SMEs from the total…
Offering United Bank for sale still pending: chairman
CBE, other parties still studying issue of sale, we have not received…
CBE’s launch of United Bank IPO contingent on approval of 2015 budget: Official
Budget is currently being reviewed by the CBE, ASA