The Legal Entity Identifier (LEI) is a 20-digit, alpha-numeric code based on the ISO 17442 standard developed by the International Organization for Standardization (ISO). It connects to key reference information that enables clear and unique identification of legal entities participating in financial transactions. Simply put, the publicly available LEI data pool can be regarded as a global directory, which greatly enhances transparency in the global marketplace.
The Financial Stability Board (FSB) has reiterated that global LEI adoption underpins “multiple financial stability objectives” such as improved risk management in firms and banks as well as better assessment of micro and macro prudential risks. As a result, it promotes market integrity while containing market abuse and financial fraud.
Union National Bank – Egypt (LEI)
5493004JPYDJNC1TZP22 – Union National Bank – Egypt