Zaki Hashem, Attorneys at Law, Acted on EGP 4.5 Billion Capital Increase Deal for ID Bank

Zaki Hashem, Attorneys at Law, a distinguished full-fledged business law firm in Egypt, has played a pivotal role in a

By: :  Sara Ali
By :  Legal Era
Update: 2024-03-02 05:00 GMT
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Zaki Hashem, Attorneys at Law, Acted on EGP 4.5 Billion Capital Increase Deal for ID Bank Zaki Hashem, Attorneys at Law, a distinguished full-fledged business law firm in Egypt, has played a pivotal role in a significant capital increase transaction for the Industrial Development Bank SAE (ID Bank). This landmark deal, valued at an impressive EGP 4.5 billion, marks a momentous event in...


Zaki Hashem, Attorneys at Law, Acted on EGP 4.5 Billion Capital Increase Deal for ID Bank

Zaki Hashem, Attorneys at Law, a distinguished full-fledged business law firm in Egypt, has played a pivotal role in a significant capital increase transaction for the Industrial Development Bank SAE (ID Bank). This landmark deal, valued at an impressive EGP 4.5 billion, marks a momentous event in the banking sector. As a result of this transaction, ID Bank’s issued capital has surged from EGP 500 million to an impressive EGP 5 billion.

The advisory team for ID Bank on this transaction was led by Sameh Khodeir, Senior Partner at the firm, alongside Helal El HOSSARY, Partner and Head of Capital Markets & Corporate Procedures, and Mohamed Saeed, Senior Associate.

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By: - Sara Ali

By - Legal Era

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