United Bank has risen to become the seventh-largest provider of mortgage finance under the low-income housing initiative, with a portfolio worth EGP 2.459bn, according to data released by the Social Housing and Mortgage Finance Fund as at the end of November 2025. The portfolio represents a 2.8% share of total mortgage financing directed to low- and middle-income housing, serving 33,890 beneficiaries nationwide. Fayad added that mortgage finance solutions represent a core focus of the Bank’s strategy. United Bank currently operates across 16 governorates and 12 new cities nationwide, continuously enhancing service quality in terms of speed and efficiency through the adoption of digital transformation tools. United Bank provides mortgage finance services in nine Upper Egypt governorates—Giza, Fayoum, Beni Suef, Minya, Assiut, Sohag, Qena, Luxor and Aswan—as well as four governorates in the Canal region: Port Said, Suez, Ismailia and the Red Sea.

Source: Daily News Egypt December 27, 2025 16:24 UTC