If it’s your first time to hear about IPOs (Initial Public Offerings), start with our quick <\/em>IPO 101<\/em><\/a> <\/em>to get up to speed before continuing this blog post. <\/em><\/p>\n\n\n\n It seems like it. After a two-year pause, Egypt\u2019s IPO scene is heating up again. It started with ACT Financial’s successful debut in July 2024, and now less than 5 months later, United Bank is the next in line. <\/p>\n\n\n\n Between 2022 and 2023, Egypt faced economic challenges: dollar shortages and an unstable exchange rate created uncertainty and put IPOs on hold. But things are changing: economic reforms, a commitment to a flexible exchange rate under the IMF\u2019s loan program, and headline-grabbing deals like Ras El Hikma are boosting confidence and paving the way for a renewed activity on the Egyptian Exchange.<\/p>\n\n\n\n In March 2024, the Egyptian government rolled out an ambitious plan to list 40 companies from 18 sectors that would go public as part of its IPO program. The goal is to increase private-sector participation and drive economic growth. The United Bank IPO is a significant milestone in this privatization journey which reinforces the government\u2019s commitment to driving this program forward. <\/p>\n\n\n\n In Egypt, IPOs are the ultimate no-loss deal, an investment with potential upside and no downside.<\/p>\n\n\n\n This is made possible by a stabilization fund<\/a> that is confirmed to be there in the United Bank IPO and backs 100% of the offering made to everyday investors (known as the public offering part of the IPO). Plus, Thndr also will waive fees on any shares sold through the stabilization fund. So it’s really a 100% guaranteed risk free opportunity. <\/p>\n\n\n\n Many of Egypt’s past IPOs has delivered impressive first-day returns<\/strong>:<\/p>\n\n\n\n Even IPOs that started slow, like Macro Group (MCRO) in 2022 (down 35% after 30 days), were still a no-loss opportunity, since investors that wanted to, were able to recover their full investment using the stabilization fund.<\/p>\n\n\n\n You\u2019ve probably come across it, perhaps you\u2019re already a client who used their app or visited one of their 68 branches across 15 governorates in Egypt. Either way, let’s tell you a bit more about its story. <\/p>\n\n\n\n In 2006 the United Bank was established by the Central Bank of Egypt (CBE) as part of a major reform to strengthen Egypt\u2019s banking sector. It emerged from the merger of three struggling banks, with the CBE implementing a turnaround strategy that took the bank from a loss of EGP 4.4 billion in 2006 to a profit of EGP 1.7 billion in the first half of 2024. <\/p>\n\n\n\n The answer depends on factors like valuation, financial performance, and peer to peer analysis which are offered exclusively to Rumble subscribers. Signup<\/a> today for a free 1-month trial. <\/p>\n\n\n\n Follow these three simple steps:<\/p>\n\n\n\nAre IPOs Back?<\/h2>\n\n\n\n
Who doesn\u2019t love a risk free opportunity? <\/h2>\n\n\n\n
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Real-life wins from past IPOs<\/h3>\n\n\n\n
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Tell me more about The United Bank<\/h2>\n\n\n\n
Key highlights<\/h3>\n\n\n\n
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Things to consider<\/h3>\n\n\n\n
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Is this a promising long-term investment? <\/h3>\n\n\n\n
The TLDR of this IPO<\/h2>\n\n\n\n
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<\/figure>\n\n\n\nIf you want to go further in-depth on this IPO, you can also read the prospectus issued by United Bank <\/strong><\/em>here.<\/em><\/strong><\/a><\/em><\/h1>\n\n\n\n
How to invest in the United Bank IPO<\/h2>\n\n\n\n
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