The United Bank of Egypt Digital Transformation Initiatives

About the Customer

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Scope and Challenges

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Outcome and Implications

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Quotes

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The Central Bank of Egypt on the 29th of June, 2006, established The United Bank. In order to activate the banking reform policy, which began in Egypt since 2003, to maintain strong banking entities, able to compete in the open market, and to support the overall Egyptian development. The United Bank acquired three weak entities that were not able to withstand the laws and policies of banking reform. Those three entities were: The ex-Egyptian United Bank, The ex-Islamic Bank for Development and Investment and The ex-Nile Bank. The United Bank is considered the third largest banking entity with a paid net worth of 1 billion EGP. For the first time, in Egyptian banking history, The Central Bank of Egypt owns 99.9 % of The United Bank.


106 Kasr El Eini St, Garden City
Cairo, 11516 , x
Egypt
+20 19200
https://www.theubeg.com/
Industry Employees Revenue
Banking and Financial Services Subscribe Subscribe

Enterprise Software & Cloud Applications Purchased by The United Bank of Egypt


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IT Decision Makers and Key Stakeholders at The United Bank of Egypt


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