Banking & Financial Services
Commerce requires new approaches every time and borrowers and lenders prefer their advisers to be novel in their thinking as well as practical in their approach. There is an exceptional volatility in the global financial system which is subjecting market participants to extraordinary risk and uncertainty. The reassessment of risk by both lenders and borrowers has resulted in a less borrower-friendly environment and more restrictive terms in finance documents.
Our lawyers are experienced in advising our clients to adapt to the new banking ways so as to help them to achieve their business objectives. We advise on all aspects of cross-border and domestic financing across a wide range of industries. Our team is experienced in local and international banking and finance laws, regulations and customs. We have created a niche in the Savings and Credit Societies in Kenya industry where we represent over 20 Saccos, funding and other financial institutions as well as Banks in perfection of securities and consultancy.
Our work include drafting and execution of lending and securities documents; local banking compliance rules and regulations; bank-customer regulations; registration of securities at respective registries; and recovery and litigation proceedings at every level of the judiciary system.
We recently acted for the following financial institutions:
- ASA Ltd (Kenya)
- ASA International (Asia, East and West Africa Offices)
- Stima Sacco Society Ltd
- Tourism Finance Corporation
- Sidian Bank Ltd