Egypt’s United Bank ups SMEs finances to EGP3.3 bln
The United Bank injects 150 million Egyptian pounds to SMEs portfolio by the end of June 2019 as part of CBE…
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United Bank
Allianz reaches group life insurance deal with Egypt’s United Bank
Allianz Egypt, part of German insurer Allianz, signed on Thursday a group life insurance deal with Egypt’s…
Afreximbank studying $50 mln SME loan for Egypt’s United Bank
The Africa Export-Import Bank (Afreximbank) is studying lending Egypt’s state-run United Bank around $50 million to…
Egypt central bank’s exit from United Bank delayed on hopes for bigger return
Egyptian central bank’s plans to exit from the United Bank, in which it holds a 99 percent stake, could be delayed…
United Bank attains 120mn Egyptian pounds from SFD to fund SMEs
State-run United Bank of Egypt obtained 120 million Egyptian pounds from the Social Fund for Development (SFD) in…
United Bank partners with SCZone to support Suez Canal investors
The state-run United Bank of Egypt has signed Wednesday a partnership with the General Authority for Suez Canal…
Dollar slightly rises against Egypt pound at early interbank trade
Dollar rose once again above 15 to Egyptian pound in 9 banks during early interbank dealings in Egypt on Thursday.…
United Bank in Egypt to be sold late 2016, early 2017: chairperson
The actual procedures of offering the United Bank for sale may start in late 2016 or early 2017, according to…
Kuwait Finance House shows interest in buying United Bank of Egypt: sources
Kuwait Finance House is interested in bidding for Egyptian central bank’s share in the United Bank, senior banking…
United Bank of Egypt braces for major cut in bad loans before year-end
Egypt’s state-run United Bank seeks to reduce its portfolio of bad loans to 2.5 billion Egyptian pounds ($281.5…
