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CBE to list stake in United Bank on EGX by Q1 2025

United Bank holds a distinguished position among Egyptian banks, supported by its diverse range of products and a broad customer base that includes retail clients, institutions, small and medium-sized enterprises (SMEs), and Islamic banking services. The bank adheres to sound governance rules and international best practices, ensuring outstanding performance and sustainable growth.

United Bank and its non-banking arm operate through an extensive network of 68 branches, 225 ATMs, and advanced digital channels, employing approximately 1,800 staff members. The bank’s total assets have grown from EGP 72bn in 2021 to EGP 106 billion by June 2024. Additionally, the bank’s profits increased from EGP 1.145bn in December 2021 to EGP 1.742bn in December 2023.

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