The coverage of the private offering of United Bank shares by investment institutions amounted to about 6 times, and the final subscription price was set at 13.85 pounds per share.
The bank began a private offering of 313.5 million shares last Wednesday, while the public offering to individuals of about 16.5 million shares begins today, Wednesday, and continues until the third of next December.
The bank’s net income amounted to 1.7 billion pounds in the first half of this year, while bad loans amounted to 600 million pounds, and its total assets reached 107 billion pounds.
