Union National Bank Egypt SAE operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Union National Bank Egypt SAE with three other
companies in this sector in Egypt:
Abu Dhabi Islamic Bank Egypt Sae
sales of 3.29 billion Egyptian Pounds [US$182.00 million]
of which 37%
was Other Operation),
Export Development Bank of Egypt SAE
(2.28 billion Egyptian Pounds [US$126.24 million]
of which 100%
was Banking & Related Activities), and
Suez Canal Bank SAE
(2.15 billion Egyptian Pounds [US$119.28 million]
of which 100%
was Banking & Related Activities).
During the year ended December of 2016, sales at
Union National Bank Egypt SAE were 1.89 billion Egyptian Pounds (US$104.79 million).
increase of 62.9%
versus 2015, when the company's sales were 1.16 billion Egyptian Pounds.
This was the fifth consecutive year of sales increases at Union National Bank Egypt SAE
(and since 2011, sales have increased a total of 426%).
Sales of Corporate saw an increase
that was more than double the company's growth rate: sales were up
129.5% in 2016, from
285.21 million Egyptian Pounds to 654.53 million Egyptian Pounds.
Union National Bank Egypt SAE also saw significant increases in sales in
Treasury (up 110.2% to 1.43 billion Egyptian Pounds)
Not all segments of Union National Bank Egypt SAE experienced an increase in sales in 2016:
sales of Others fell 51.0% to 80.38 million Egyptian Pounds.