The United Bank Launches Green Finance Solution for Medical Equipment SMEs
The United Bank has launched a specialized green finance product for medical equipment, aimed at supporting small and medium-sized enterprises (SMEs) in Egypt’s healthcare sector. The initiative marks the completion of a strategic cooperation project with the German Agency for International Cooperation (GIZ) and IPC Consulting.
The new financing solution is designed to help healthcare-focused SMEs acquire energy-efficient medical equipment, adopt digital technologies, improve operational efficiency, and reduce environmental impact. The program supports Egypt Vision 2030 and the United Nations Sustainable Development Goals (SDGs) by encouraging sustainable business practices and green economic growth.
According to The United Bank, the partnership with GIZ and IPC included technical assistance, institutional capacity building, and the development of sustainable finance frameworks aligned with international best practices. The collaboration enabled the creation of innovative financing solutions that promote clean technologies, resource efficiency, and lower emissions.
Tarek Fayed, Chief Executive Officer and Managing Director of The United Bank, said the healthcare sector was selected as the first focus area due to its direct impact on quality of life and community development. He noted that providing SMEs with access to modern, energy-efficient medical equipment can help reduce operating costs, improve healthcare services, and strengthen business competitiveness.
The bank stated that the launch is part of its broader strategy to expand sustainable banking products and support the transition toward a low-carbon economy while fostering long-term economic and social development.
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