The United Bank acquired three weak entities that were not able to withstand the laws and policies of banking reform which turned their capital into negative territory. Those three entities were: The Egyptian United Bank, the Islamic Bank for Development and Investment and the Nile Bank.

The United Bank Achievments

EGP 7.7 bn
Shareholders’ equity by the end of 2019
30
Return on shareholders equity by by the end of 2019
3.8
Return on assets by the end of 2019
EGP 1.7 bn
Net profits by the end of 2019
EGP 3.5 bn
Total Capital by the end of 2019