Banking & Finance
Global Guide 2024 : Egypt
Band 1
About
Provided by Zulficar & Partners
The Banking Group provides a comprehensive range of legal services for a wide variety of renowned international and domestic banks, financial institutions, corporate and governmental Clients.
We have star quality partners, counsels & associates having track records in establishing precedents & introducing innovative products, structures and solutions to the Egyptian market through creative and proactive problem solving approach.
The Banking Group is headed by Mona Zulficar, Founding Partner and Head of Executive Committee of the Firm, and includes 3 partners, two counsels and 2 associates.
The Group is recognized for having extensive expertise in:
- Egyptian banking law, Central Bank of Egypt regulations and cross border banking activities.
- Drafting syndication loan agreements, credit facility agreements, and related security document.
- Advising on Repurchase Transactions under Global Master Repurchase Agreement, ISDA Agreement and various derivatives transactions from an Egyptian law perspective.
- Providing legal advice on financial leasing, factoring, microfinance, mortgage finance and consumer finance.
- Handling debt capital market transactions such as issuance of bonds, securitization and Sukuk.
- Drafting and negotiations settlement and rescheduling of debts and resolved disputes related to default payments of debtors either amicably or ultimately through legal action.
- Collaborating with international law firms on cross border banking, financing and refinancing transactions.
Chambers Review
Zulficar & Partners is a respected law firm viewed as a market leader in Egypt. The firm is especially well known for its banking regulatory expertise. It is also mandated by numerous domestic and international banks on financing transactions, and is noted for its in-depth understanding of syndicated loans and debt restructuring. The team complements its strengths in banking and finance with an admirable command of debt capital markets.
Work Highlights
- Zulficar & Partners acted as Egyptian counsel to the lenders, including Sumitomo Mitsui Banking and Mashreqbank, on a USD405 million term loan agreement.
Notable Practitioners
Mona Zulficar is chair of the firm. She maintains an outstanding reputation in the market, having been at the forefront of both transactional and regulatory issues for many years. She continues to advise a wide variety of borrowers and lenders.
Ashraf Ihab is head of Zulficar & Partners' banking group and deputy chair of the firm. He is highly experienced in the drafting and negotiation of facility agreements, acting on behalf of numerous leading financial institutions. He has additionally represented borrower clients active in the telecoms and energy sectors.
Ranked Lawyers at
Zulficar & Partners
Egypt
Clients
Provided by Zulficar & Partners
Abou Dhabi Islamic Bank
African Export-Import Bank
Arab African International Bank
Arab Banking Corporation
Banque Misr
China Development Bank Corporation
Commercial International Bank
Credit Agricole Egypt
National Bank of Kuwait
National bank of Egypt
The United Bank
citi bank
Industries
Provided by Zulficar & Partners
Financial Leasing Law
Investment Banking matters including Fund/ Asset Management
Islamic Finance & drafting required standard forms
Microfinance Law
banks and sponsors on Project Finance deals
litigation or disputes related to Banks
obtaining governmental approvals for establishment of mortgage finance companies
real estate and fond de commerce mortgages
the procedures of issuing bonds, and prepare all the relevant documents including the subscription note