Zaki Hashem boosts capital for Industrial Development Bank SAE
Zaki Hashem, Attorneys at Law, is announcing its pivotal role in facilitating a significant capital increase deal for the Industrial Development Bank SAE (ID Bank). The transaction, a landmark in the banking sector, amounts to an impressive EGP 4.5 billion. This has resulted in the Bank’s issued capital increasing from EGP 500 million to EGP 5 billion.
The firm’s Senior Partner, Sameh Khodeir, along with Helal El HOSSARY, Partner and Head of Capital Markets & Corporate Procedures, and Mohamed Saeed, Senior Associate, led the advisory team for ID Bank on this transaction.
