United Bank has risen to the seventh position among the largest providers of mortgage finance for the low-income housing initiative, with a portfolio valued at EGP 2.459 billion, according to data from the Social Housing and Mortgage Finance Fund at the end of November 2025. This portfolio accounts for a 2.8% share of total mortgage financing directed toward low- and middle-income housing, benefiting 33,890 individuals nationwide.
The Social Housing and Mortgage Finance Fund has released data underscoring United Bank's expanding role in bolstering the real estate sector and broadening access to affordable housing for low- and middle-income Egyptians. The bank operates across 16 governorates and 12 new cities, delivering mortgage finance services through 68 branches nationwide.
Tarek Fayad, Chief Executive Officer and Managing Director of United Bank, stated: "Expanding mortgage finance for low- and middle-income housing is one of the State’s and the Central Bank of Egypt’s key mechanisms for achieving social justice, eliminating informal settlements, enhancing financial inclusion and empowering vulnerable groups." He noted that this is accomplished by stimulating the housing market to supply subsidized units across governorates—particularly in Upper Egypt and new urban communities—contributing to higher economic growth and sustainable development.
Mortgage finance solutions form a core element of the bank's strategy. In recent years, United Bank has introduced digitally supported financing options to enhance customer experience, including digital wallets, mobile banking, and internet banking, which streamline transactions and help clients meet payment schedules.
The bank serves nine Upper Egypt governorates: Giza, Fayoum, Beni Suef, Minya, Assiut, Sohag, Qena, Luxor, and Aswan; four in the Canal region: Port Said, Suez, Ismailia, and the Red Sea. It also operates in 12 new urban communities, such as 6th of October City and 10th of Ramadan City, and seven Delta governorates: Monufeya, Gharbia, Beheira, Kafr El-Sheikh, Sharqeya, Dakahleya, and Cairo.
Previously, United Bank signed a EGP 5 billion agreement with the Social Housing and Mortgage Finance Fund to aid low- and middle-income groups via facilitated mortgage programs, aligning with government and Central Bank of Egypt initiatives.