The Correspondent Banking sector is the link between Union National Bank - Egypt  and local and foreign banks as it  provides wide range of products and services for financing  trade business and international payments.

International Financing and Donors Section is a sector specialized in managing the facilities granted  by governmental and international Funding Agencies that directly impact the development of the national economy and society.

 

Overview

  • Discounting (without recourse to exporters).
  • Refinancing Documentary Credits.
  • Risk Participation.
  • Bilateral loans.
  • Management of bank accounts - VOSTROS and NOSTROS.
  • Bank payments and money transfers services.

The Correspondent Banking sector enjoys well experienced relationship officers and a diverse network of 200 correspondent banks worldwide and robust relationships with financial institutions. In addition to providing trade finance and International payment services.

The main objective of the sector is:

• Continuity to enter new markets.

• Identify opportunities for fruitful banking relations.

• Supporting development projects in Egypt.

• Secure profitable products to the Bank.

The International Financing and Donors Section

The Bank aims to benefit from these development programs to finance Union National Bank – Egypt 's clients on flexible and reasonable terms giving them a strong and competitive advantage.

The main objective of this sector is :

- To attract funds and participate in new development programs.

- Increase the Bank's share in the direct and indirect financing.

- Market for large corporate, small and medium-sized enterprises.

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