Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
17 June 2013
19 June 2013: Gide, counsel to IFC on its investment in the capital of Amen Bank in Tunisia
Gide Loyrette Nouel has advised IFC (International Finance Corporation, World Bank group) on its investment in the capital of Amen Bank, Tunisia’s second-largest private sector bank whose shares are listed on the Tunis stock exchange. This USD 48 million investment, made through subscriptions to new shares, will come from three sources: IFC, the IFC Capitalization Fund, and the African Capitalization Fund. The two funds are managed by IFC Asset Management Company.
The investment will help the bank increase its lending to smaller businesses, which form the backbone of the Tunisian economy but often have trouble getting the loans they need to grow and create jobs. As part of the partnership, IFC will also provide Amen Bank with advice in risk management and corporate governance.
Legal counsel to IFC:
Gide Loyrette Nouel: partner Jean-Gabriel Flandrois and Badis Jedidi (GLN-A) in Tunis, supported by Baba Hady Thiam and Erwan Ogier in Paris
