United Bank, IPO and Egypt

Egypt launches United Bank IPO in IMF-backed sale
Egypt has begun the sale of a stake worth up to $104m in United Bank, said to be the country's first initial public offering (IPO) since 2021. This move is a key component of a privatisation programme supported by the International Monetary Fund (IMF).
Egypt’s United Bank to sell 30% stake via IPO on local bourse
CBE is offering 330 million shares in United Bank at a max price of EGP15.6  apiece, equivalent to 30% of the bank’s total issued share capital.
United Bank To Launch Private Placement On EGX
Egypt's United bank has announced the opening of the private placement market for registering buy and sell orders on its shares on the Egyptian Exchange (EGX) starting tomorrow, Wednesday, until 25 November.
Egypt begins partial IPO of state-owned United Bank
Egypt's central bank began the sale of 30% of United Bank on Wednesday, marking only the second privatisation of a state-owned Egyptian lender in four years after a gap of more than a decade. United Bank said in a statement that the sale of 330 million shares could raise up to 5.
Egypt Begins First IPO Since 2021 in IMF-Backed Asset Sale
Egypt has started selling a stake of as much as $110 million in United Bank, the country’s first initial public offering in three years as it presses ahead with a privatization program being encouraged by the International Monetary Fund.
United Bank to offer its shares on EGX starting Wednesday
The United Bank of Egypt (UB) has received approval from the Financial Regulatory Authority (FRA) to list its shares on the Egyptian Stock Exchange (EGX) starting Wednesday, according to a statement published on the bank's website on Tuesday.
Egypt: United Bank sets indicative price range for IPO
The bank intends to allocate 95% of the offering shares (313.5mln) to institutional investors and 5% (16.5mln shares) to retail investors
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United Bank eyes raising up to EGP 5.1 bln in EGX offering
The United Bank (UB) is aiming to raise between EGP 4.16 billion and EGP 5.14 billion in the upcoming initial public offering ...
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Egypt Begins First IPO Since 2021 in IMF-Backed Sale of Assets
(Bloomberg) -- Egypt started selling a stake of as much as $104 million in United Bank, the country’s first initial public offering in three years as it presses ahead with a privatization ...