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Banking & Finance

The banking and finance sector is considered the backbone of any economy. This sector has witnessed unprecedented growth during the last decade, and has mobilised financing to facilitate development and progress in Sri Lanka. We build upon the financial acumen and lateral expertise of our Partners to provide cutting edge legal advice and solutions, based on current trends and best practices in the international financial markets.

Our Banking & Finance practice blends in seamlessly with our extensive corporate & commercial, and real estate & conveyancing practices. This enables us to leverage our cross-sectoral knowledge and technical expertise to advice clients on the financing of mergers and acquisitions, corporate restructuring, construction, project development, real estate, and other commercial transactions.

Our clients include a wide range of investment grade issuers, local and foreign banks, finance companies, listed entities, private equity clients, and private companies from a wide range of industries. The Firm has been the key legal advisor to one of the largest foreign banks in Sri Lanka for several years.

We advise on the structuring and documentation of a full spectrum of banking and finance matters, including: acquisition financing; bridge financing; asset- based financing; mezzanine / subordinated financing; syndicated financing; debt restructuring; exit financing; asset finance; project financing; real estate financing; mortgages and other security; securitisation; performance bonds; guarantee arrangements; trade financing; and consumer financing.

We coordinate with the Central Bank of Sri Lanka to facilitate the licensing of banks and other non-bank financial institutions, and regularly assist existing licensees on regulatory and compliance matters. We also regularly advise on the application of new technologies to finance. Our deep understanding of the financial technology ecosystem enables us to deliver incisive and informed advice on FinTech matters. Our involvement also extends to representing both borrowers and issuers in sophisticated cross border financing transactions.