Cairo – Mubasher: The board of Union National Bank – Egypt (UNBE) has approved a partnership with Mastercard, one of the US biggest card network.

The partnership is aimed at increasing cards portfolio and expand the bank’s products, according to a bourse statement released on Wednesday.

UNBE’s net profit reached EGP 109.73 million from January to March, compared to EGP 60.04 million in the year-ago period.