An Unprecedented Financing Boost.. The United Bank Opens New Horizons for Pharmacists
At a time when micro and small enterprises are in growing need of targeted financial support, The United Bank Egypt has launched a new financing package aimed at supporting commercial, industrial, and service activities. The move reflects the bank’s strategic direction toward empowering entrepreneurs and enhancing stability across vital market sectors.
The program primarily targets micro and very small enterprises, with the objective of developing and expanding their operational activities, improving growth potential, and strengthening long-term sustainability. This approach contributes to stimulating economic activity and supporting key productive and service sectors.
Tailored Financing for Pharmacists
As part of its focus on essential sectors, The United Bank offers a dedicated financing solution for pharmacists who own retail pharmacies. The facility is designed to finance the purchase of medicines and medical supplies, with funding amounts reaching up to EGP 1.2 million. Repayment is structured through equal monthly installments over a period of up to 36 months, at competitive interest rates that enhance liquidity and ease financial pressure on pharmacy owners.
Flexible and Fast Procedures
The financing package is characterized by flexible repayment mechanisms and simplified procedures. Applicants are required to submit a basic set of documents, including a valid national ID, a recent commercial registration, a tax card copy, utility bills for both residence and business premises, and a copy of the pharmacy license. This streamlined process ensures faster application review and credit decision-making.
Through this initiative, The United Bank reinforces its commitment to supporting small businesses and vital professional segments, positioning tailored financing as a key driver for economic resilience and sustainable growth.