Banking

Banking

Our lawyers advise many large banks of Kazakhstan, including the National Bank of the Republic of Kazakhstan and representative offices of foreign banks. Our services comprise the advice on regulation and structuring of transactions, bank assets management and consolidation, establishment of branch network, as well as participation in the development of lending systems and representation of leading banks in connection with their loans restructuring.  Besides, we help our clients to implement numerous securities and interest transactions.

Key practice areas:

  • Legal support of operations of a Kazakhstani bank, one of the biggest banks in the CIS, in connection with its loan projects for the total amount over USD200 million.
  • Legal support of operations of a major foreign subsidiary bank in relation to its covenants.
  • Legal assistance with registration of a foreign bank representative office, including drafting of the required corporate documents.
  • Issuance of a number of legal opinions regarding Islamic finance transactions for the total amount over USD60 million on request of an international Islamic finance organization.
  • Participation in the development of a lending system for agricultural sector of Kazakhstan.  Legal support of a transaction to raise a loan from an international finance corporation.
  • Review of Kyrgyz legislation with regard to the issuance of a sovereign guarantee by the Kyrgyz Republic as a security for the performance of obligations to a Kazakhstani bank.
  • Advising a number of large power and agricultural companies regarding execution and implementation of bank loan agreements.
  • Cooperation with a major Kazakhstani bank on a number of projects related to collection and restructuring of troubled loans.
  • Continuous representation of a major Kazakhstani bank.
  • Continuous representation of two large Russian banks.
  • Continuous representation of a leading British subsidiary bank.
  • Comprehensive legal support of a project for settlement of debt of Kazakhstani investors to a Dutch bank in the amount of about USD10 million.
  • Legal support of a Kazakhstani manufacturing enterprise in connection with its 5 million Euro transaction with a Dutch bank.
  • Rendering legal services to a Kazakhstani bank in connection with the settlement of a dispute with a US financial institution regarding its refusal to contribute cash to the bank’s charter capital.
  • Legal support of clients in the arrangement of bank loans for several billion US dollars.
  • Legal support of one of the biggest CIS banks in the Republic of Kazakhstan in connection with its loan projects for the total amount over USD60 million.
  • Representation of a leading Kazakhstani bank in connection with the restructuring of troubled loans for the total amount over USD5 million.
  • Legal support of a foreign subsidiary bank with regard to its covenants.
  • Issuance of a legal opinion on request of a European bank regarding the corporate status of a borrower under a loan agreement for over USD50 million.
  • Issuance of a legal opinion on request of a large Islamic finance corporation regarding the corporate status of a borrower under an Islamic finance agreement for over USD25 million.
  • Legal assistance with the registration of a 200 million US dollar loan from an international financial institution with the National Bank of the Republic of Kazakhstan.
  • Legal assistance with the re-registration of a foreign currency transaction with the National Bank of the Republic of Kazakhstan due to the change of parties to an agreement for over USD150 million.
  • Establishment of one of the largest microcredit institutions in Kazakhstan.