Arab FinanceThe United Bank will begin a promotional tour during the next two months, including the Gulf, Europe, and America, to offer its shares on the Egyptian Stock Exchange in the first quarter of 2025, according to what was reported in Al Sharq Economy.
This came after the announcementn the Central Bank of Egypt Offering a share of the bank's shares, which is owned by the Central Bank of Egypt, on the stock exchange during the first quarter of 2025. The maximum share available for the offering is 49%. The investment bank CI Capital will manage the offering on the stock exchange, while Baker & McKenzie will assume the role of legal advisor to the offering.
The United Bank is one of the banks that enjoys a position in the banking sector due to the diversity of its products and customer base in addition to providing Islamic banking services. The United Bank and its non-banking financial arm have a wide network of 68 branches and 225 ATMs, in addition to digital channels and employs about 1,800 people. employee.
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