Nahyan bin Mubarak Al Nahyan, chairperson of the Union National Bank Egypt said that despite the series of challenges seen in Egypt in the previous period, it remains one of the most powerful economies in North Africa. The bank currently has branches in 19 governorates, with a plan to reach the remaining governorates over the coming five years. He added that UNB Egypt has been developing retail services to meet the needs of their demands. “The bank began developing its services to individuals, through cooperating with VISA, launching internet banking, and beginning the phone banking services,” he explained. Furthermore, Abdeen said the bank has allocated a separate budget to finance SMEs and intensified training provided on this sector to its employees.

Source: Daily News Egypt March 19, 2017 08:37 UTC