#United Bank

Egypt’s United Bank to sell 30% stake via IPO on local bourse

Egypt’s United Bank to sell 30% stake via IPO on local bourse

The central bank is offering 330 million shares in United Bank at a maximum price of EGP15.6  apiece

Egypt to sell United Bank stake in IPO on local bourse

Egypt to sell United Bank stake in IPO on local bourse

The Central Bank of Egypt is currently pursuing approval from the Financial Regulatory Authority and the Egyptian Stock Exchange