A journey full of achievements, giving and excellence culminated in raising the capital of The United Bank to 5 billion pounds from its retained profits, thus becoming one of the first banks to comply with Banking Law No. 194 of 2020.
The United Bank was able to manage a number of the most difficult, important and influential economic, social and cultural files at the local and regional levels with high professionalism, which made it a distinguished model.
The successful march of The United Bank culminated in a series of local and international achievements, during which it won 37 important local, regional and international awards.
In an exclusive interview with Ashraf El-Kady - Chairman of the Board of Directors of The United Bank - he referred to the most important harvest stations of The United Bank for the year 2021 as follows:
First: Increasing the capital of The United Bank:
Second: Joint Finances:
The United Bank was able to enter as a strategic strip within a constellation of banks and financial institutions to finance major national projects, which serve the goals of comprehensive development, with a total value of one billion and 335 million pounds, divided as follows:
Third: Institutional agreements in the field of real estate finance - according to the initiatives of the Central Bank of Egypt for real estate finance:
Fourth: Out-of-the-box banking solutions - Introducing innovative banking products:
The United Bank was able, during the year 2021, to achieve the difficult equation between 5 criteria for the sustainability of institutional growth, namely: innovation, continuous development, training, work, and increased productivity, and the exploitation of available resources to present a successful institutional system capable of market competition and the acquisition of a larger segment of the Egyptian banking market.
Fifth: The National Initiatives:
Sixth: In the field of MSMEs:
The United Bank works with a national agenda towards fundamental changes in the patterns of youth contributions to the development of the small, medium and micro enterprises sector. This is done through the strong initiatives of the Central Bank of Egypt, which reflect the directions of the political leadership towards the requirements of financial inclusion and digital transformation.
The first sector to witness the development of banking thinking and finance management was the small and medium enterprises sector. By providing a package of specialized financing solutions, digital services and technical consulting while maintaining the sustainability of growth and profits.
In addition to encouraging The United Bank to the process of transformation into a non-monetary society, by working to spread the culture of financial transactions and increase community awareness of the mechanisms of digital work, as The United Bank intensified its media and marketing activities for the process of transformation and work with Internet banking technology for companies. As well as wealth management and cash liquidity management.
Seventh: In the field of expanding the digital and traditional branches:
The United Bank has allocated an independent place inside the branches, which it called the UB Digital Center
UBDigital Center. And he provided these four digital centers with programmed computers, tablets, and mobiles equipped with the bank’s applications. This is within the “Your Bank on the Line” package for mobile banking, internet banking, and the UB digital wallet, which work around the clock, 7 days a week. In addition to the package of programs and modern technologies that enable The customer is able to pay all his governmental obligations without trouble and saves his time and effort.
These dual branches work with the aim of motivating customers and training them practically to deal through The United Bank's digital applications. In addition to spreading the culture of digital banking transactions, and reducing crowding inside the branches, especially with the spread of the Corona pandemic. As well as providing a dedicated team within the branches to train customers through the various digital applications of The United Bank.
Eighth: On the level of innovations and applications of new digital banking solutions:
In addition to the process of continuous updating of the digital services package from internet banking, mobile banking, and the UB digital wallet, which is characterized by the feature of using the quick answer code, QR Code Scan, and quick payment, Request to Pay. This wallet receives great acceptance among customers, whether merchants or users, because it reduces From financial transactions and contribute to reducing cash circulation.
The contactless card has also been upgraded through ATMs and cards of all kinds, and the self-activation service has been launched on internet banking and mobile banking services. In addition to the security code service for cards. With the aim of a comprehensive and accurate insurance process for “online” customers shopping via the Internet. As well as the service of self-purchasing savings containers from automated teller machines.
Ninth: In the field of developing human resources and qualifying youth for future leadership:
Investing in developing human assets and qualifying them for future leadership is one of the important challenges of the process of transforming The United Bank into a young bank with its ideas, management and applications. It was a comprehensive and intensive rehabilitation and development process for all human energies. It resulted in the emergence of a number of qualified youth leaders who were able, through the High Fliers program, to pass all the internal training courses, which were conducted at the Banking Institute with excellence, to begin in 2021 the stages of the process in developing strategies, executive plans for The United Bank, work plans and practicing real management rules.
Young leaders participated in a number of projects, including: Nile Pioneers Initiative - Digital Development Products - Banking Awareness and Training Group - Internal and External Consumption Rationalization Group - Banking Products Development Group - Developing the internal cultural and banking identity of The United Bank team and creating common institutional values, In addition to the escalation of a number of young banking cadres to assume leadership positions.
Tenth: In the field of institutional campaigns: media and women's empowerment:
The United Bank is one of the first banks to be keen on the economic empowerment of women, whether in the board of directors of The United Bank, which includes three qualified women in the banking system. Thus, it is in agreement with the recent decision of the Central Bank of Egypt, as well as within the work team, which includes 30% women.
The 21st century has witnessed the rise of digital media and social media, and the growth of their role from just a window for communication between individuals, to becoming one of the most important mechanisms that influence the formation of public opinion, its formation, and the upbringing and education of youth and societies.
The United Bank channel also broadcasts on YouTube a group of documentaries and economic programs, as well as specialized programs in the field of banking services and solutions, whether traditional or compatible with the provisions of Sharia, with the aim of spreading cultural awareness of banking through digital media mechanisms.
The channel broadcasts news and events in which The United Bank participates at the local and regional levels. In addition to a number of marketing advertisements for The United Bank's Sharia-compliant products, as well as media interviews with a number of television and radio programs.
The campaign included a set of effective advice and instructions that help clients and followers maintain public health, improve their abilities, raise their efficiency at work and increase productivity, as well as enable them to acquire a set of healthy habits that maintain their vitality.
Eleventh: In the field of social responsibility:
The United Bank's strategy for community development aims to keep pace with Egypt's Vision 2030, as it is based on the health and education sectors and sustainable development in its initiatives.
This project works to provide a decent life for 350 families as a first stage. This contributes to consolidating the principles of human rights and deepening the spirit of belonging to the homeland. It is a model for economic empowerment and the promotion of entrepreneurship to improve competitiveness and productivity, especially in the field of manufacturing agricultural and food products and handicrafts. Which this region is famous for, such as: the industry of extracting mountain honey, the industry of extracting and squeezing olive oil, the cultivation of natural herbs, the cultivation of almonds, and the manufacture of soap. As well as handicrafts with the famous Sinai embroidery and the Rosary industry.
'HOME KIT – Design of Sustainable Modular House for Slum Dwellers amidst COVID-19'' within the activities of the World Council for Renewable Energy Conference held at the Technical University of Lisbon in Portugal 2021, as well as winning 4 prizes in the competition and 197 contestants from 20 countries in the world.
The United Bank continues to conduct the activities of the annual Holy Quran competition in 18 governorates, in addition to the continuation of the sponsorship program for the top ten of memorizers of the Book of God, socially and scientifically, at the level of the governorates of the Republic.
The United Bank started it in cooperation with the Egyptian Food Bank in 2007 with the idea of printing and marketing sukuk to reach the beneficiaries of sacrificial sukuk for those who are unable in all governorates of the Republic, whether during the Eid al-Adha period or throughout the year.
A major partner of The United Bank, the process of fruitful cooperation with the Long Live Egypt Fund began in 2016 with a comprehensive medical survey of all bank employees and subsidiaries, auxiliary services and the provision of treatment for the injured. The United Bank was announced as the first institution free of virus “C”. In addition to the great and continuous cooperation on all social and health levels, and finally the societal support in the presidential initiative “A Decent Life”.
Supporting students who are unable and outstanding at Zewail City University of Science and Technology by providing various scholarships that benefit the largest number of students until graduation from the university.
The United Bank supported the Shell Eco Cairo University Team of Engineering students in the field of designing and manufacturing environmentally friendly and energy-saving cars.
The United Bank participated in the “Our Children in Our Eyes” initiative since 2017, in cooperation with the Good Makers Foundation, following the signing of a tripartite protocol between The United Bank, the Ministry of Education and the Good Makers Foundation under the auspices of the Council of Ministers, to conduct a comprehensive survey of the schools of the Itsa and Youssef El-Seddik regions in Fayoum and St. Catherine, With the aim of combating anemia, anemia, causes of blindness, diabetes in children, skin diseases and how to prevent them, in addition to conducting awareness campaigns about personal hygiene.
A medical team was also called upon to examine school children, carry out the necessary analyzes, perform eye surgeries, and make medical glasses. Awareness was made about proper nutritional and hygiene methods for children and their families, and protection from germs and microbes.
The United Bank, in cooperation with the Good Makers Foundation, led a campaign to screen the parents and children of St. Catherine’s schools (Wadi Sela – Al Tarfa – Al Esbaiya – Sheikh Awad – Wadi Al Raha). St. Catherine's campaign achieved great successes and an unprecedented turnout from the people. Medicines and medical glasses were distributed, and the people were accompanied to perform surgeries for them in Cairo until they returned home.