AUBE launches innovative savings account feature with insurance benefits

This new permanent feature provides AUBE customers with life insurance coverage up to EGP 300,000 with a minimum balance of EGP 50,000 in the account.

  

Cairo, Egypt: Ahli United Bank (AUBE), a premier corporate and retail bank in Egypt that empowers customers to realize their ambitions, continues to provide innovative product offerings that meet customer needs with the launch of a new feature “Save and More” that provides customers with daily interest calculation and life insurance coverage up to EGP300,000 with many other benefits.

“At AUBE, we have a unique ability to meet customer needs by providing innovative, high-quality products and features to meticulously meet those needs,” said Hala Sadek, Acting Chief Executive Officer and Board Member. “Our award-winning performance enabled us to offer our customers the superior products and services they’ve come to expect from AUBE, and that’s exactly what we intend to do for many years to come”.

This new permanent feature provides AUBE customers with life insurance coverage up to EGP 300,000 with a minimum balance of EGP 50,000 in the account. The insurance coverage includes coverage against accident and disability, medical, funeral and educational expenses.

Since 2007, AUBE has been providing its customers with comprehensive and innovative banking products and services with exceptional privileges, such as medical insurance, in addition to the traditional return on investment. AUBE delivers customer-centric services by creating a one-stop shop for all banking and bancassurance products. Other innovative products include mobile wallet, as well as inclusive internet banking services for corporate and individual customers.

With nearly 4,000 employees and a global network of 147 branches in eight countries, with 42 branches in Egypt alone. AUBE is a premier regional partner that has been operating in Egypt since 2007 to empower customers to save, invest and prosper through diversified financial services that provide support in all aspects of life.

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About Ahli United Bank (AUBE):

August 2006 marked a remarkable milestone, as group of investors led by the Ahli United Bank Group successfully acquired an 89.3% stake in Egypt’s Delta International Bank. Today, Delta International Bank is officially renamed Ahli United Bank (Egypt). Ahli United Bank is one of Middle East’s premier financial institutions.

Ahli United Bank (Egypt) operates 42 branches across the country. Bank customers can expect that number to grow in the near future, as Ahli United Bank (Egypt) plans to execute an expansion strategy to serve the needs of customers throughout the country.

Having already invested more than L.E. 2 Billion in purchasing Delta International Bank by injecting new capital, Ahli United Bank will continue to invest significant amounts in Ahli United Bank (Egypt) to upgrade its technology, branches, products and most importantly, the skills and knowledge of its employees.

For further information, please contact:
Engy Emad
Senior Media Relations Manager
TRACCS Egypt
Mobile: 010 0900 2207
Email: engy.emad@traccs.net 

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