Union National Bank Egypt expands its network with two more branches in Cairo

The bank's network has grown substantially, starting with just 8 branches, today, UNB-Egypt has 16 branches spanning over Cairo, Alexandria, Port Said and Suez, with a goal to reach 31 fully operational branches by the end of 2009. The branch openings in Obour and Hegaz demonstrate UNB-Egypt's commitment to solidifying its presence in the Egyptian market.

UNB-Egypt's first strategic initiative was to create a solid structure before seeking expansion, and as the first phase was successful, the bank is looking forward to the next step, which is the expansion phase. These two new branches are evidence that phase two is in full effect. More openings in different Egyptian governorates are planned soon in order to emphasize UNB-Egypt's specific vision in bringing about both economic developments and social welfare for residents of these governorates.

UNB offers a large portfolio of products and services for current accounts, joint accounts, savings accounts, and time deposits. The company also provides various loan products. It offers its products and services to agricultural, industrial, trading, services, and household sectors. UNB caters to individuals, self-employed and high net worth individuals, as well as, businesses. At the same time, the bank fully supports and profoundly addresses the financial needs of Small and Medium Enterprises (SMEs).

With its diverse range of products and services, UNB is continuously seeking excellence and has been recognized for its efforts. Over the years they have received numerous awards, most recently winning the Mohammed Bin Rashid Al Maktoum Business Award in the finance category for 2009.

UNB-Egypt is supported by the Mother Company "Union National Bank Group", which is known to be one of the top performing financial groups in the United Arab Emirates with very strong success stories and financial reputation. Union National Bank Group, which was established in 1982 as a public joint venture company in Abu Dhabi, has been a driving force in the development of the Gulf banking industry since its launch.

In less than thirty years, UNB has achieved one of the strongest reputations in the Arab world's banking arena, ranking as the number one bank in the UAE, as well as being recognized by Forbes Magazine amongst the best 50 companies operating in the Gulf region, where UNB was listed at 23.

UNB has prided itself on providing the highest quality services in the banking industry, receiving numerous quality assurance certificates, including the Lloyds Register of Quality Assurance for Quality Management Systems certified ISO 9001:2000, which UNB has maintained for the last 3 years.