Egypt, United Bank

Egypt launches United Bank IPO in IMF-backed sale
Credit: A9 STUDIO/Shutterstock. 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 ...
Egypt’s United Bank to sell 30% stake via IPO on local bourse
Egypt’s central bank said on Wednesday that it will sell a 30 per cent stake in state-owned United Bank through an initial public offering (IPO) on the local exchange, as the North African nation presses ahead with plans to attract foreign investment through the sale of public assets.
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.
United Bank to launch private placement on Egyptian Exchange
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. According to a statement from the bank, the public offering will commence on 27 November and run until 3 December.
Egypt Starts First IPO Since 2021 With $110 Million Bank Sale
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 program being encouraged by the International Monetary Fund.
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United Bank Review 2024
See how we rate banking products to write unbiased product reviews. The bottom line: United Bank is a solid choice if you live on the East Coast and prefer traditional banking to online banking.
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First Bank, Zenith, Others Announce New Condition to Save Money in Bank After CBN Made Changes
Following a recent shift in the CBN monetary policy, 19 deposit money banks are now offering their customers an interest rate ...
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United Bank welcomes Holsinger as Parkersburg branch manager
PARKERSBURG — United Bank has named a new branch manager of its Parkersburg main location. As branch manager, Katlyn ...
Treasury sanctions 2 West Bank entities over violence
The Treasury Department on Monday sanctioned an Israeli WestBank settlement development organization and its subsidiary for ...
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Free Holiday Event At First United Bank To Kick Off Christmas Season
The holiday season is officially underway at First United Bank in Edmond, where the community is invited to a festive, free event filled with family-friendly activities on Thursday. Erica Rixen ...
United Utilities upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst James Brand upgraded United Utilities (UUGRY) to Buy from Hold with a price target of 1,200 GBp, up from 1,130 GBp.