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

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.