"This established local firm is widely respected
for the quality of its advice and its impressive track record"
Chambers Europe

Banking & Finance

Banking and finance are the areas of our core expertise. Nearly every year the firm and its partners Armen Khachaturyan, Iryna Pokanay and Svitlana Poroschuk are noted as the very best in Ukraine in this field by prominent Ukrainian and international peer review-based ratings.

Among our clients are Barclays Capital, Credit Suisse, Deutsche Bank, Dresdner Kleinwort Wasserstein, HSBC, ING Bank, JP Morgan Chase, Kookmin Bank, Bank of America Merrill Lynch, Morgan Stanley, Societe Generale, Standard Bank, Swedbank, UBS Investment Bank, State Savings Bank of Ukraine Oschadbank, Ukreximbank, Ukrsibbank, and Ukrsotsbank.

Firm recognition:

  • Highly recommended firm in banking and finance
    IFLR1000 2017
  • Band 1 law firm for banking and finance
    Chambers Global 2017
  • Band 1 law firm for banking and finance
    Chambers Europe 2017
  • Tier 1 firm in banking and finance
    The Legal 500: EMEA 2017
  • One of the Top 5 law firms in banking and finance
    Ukrainian Law Firms 2017

Representative experience

We have advised leading banks and financial institutions on major projects in Ukraine, including:

  • Swedbank, a leading Nordic banking group, in USD 735 million acquisition of TAS-Kommerzbank, creation of the first bank holding group, and merger of its Ukrainian bank subsidiaries.
  • International Finance Corporate, part of the World Bank group, in a number of projects for a total value exceeding USD 1 billion, including up to USD 100 million loan to Nibulon, one of the largest Ukrainian grain and oilseeds originators and exporters.
  • European Bank for Reconstruction and Development in a number of major projects for a total value exceeding USD 1 billion, including a USD 100 million subordinated loan to UkrSibbank, a major Ukrainian bank majority-owned by BNP Paribas.
  • Barclays Capital, Citigroup, Credit Agricole Corporate and Investment Bank, Intesa Sanpaolo S.p.A. London Branch, ING Bank N.V. and SACE in connection with the restructuring of Interpipe's debt portfolio of USD 887 million.
  • Deutsche Bank AG in connection with USD 480 million loan facility provided to the State Road Service of Ukraine under guarantee of the Cabinet of Ministers of Ukraine for the purpose of financing reconstruction of the Kyiv-Odesa highway.
  • Creative Group in connection with a USD 255 million syndicated loan facility from PJSC Ukrsotsbank, a member of Unicredit Group, VTB Capital PLC, Erste Group Bank AG and Societe Generale.
  • ING Bank N.V. in connection with USD 50 million sunflower pre-export finance facility to Myronivsky Hliboproduct Group, one of the largest agro-industrial companies in Ukraine.
  • UniCredito Italiano on regulatory issues related to banking, stock market, and general corporate law and help Unicredito obtain approvals of the central bank of Ukraine for their merger with Bayerische Hypo- und Vereinsbank AG (HVB Group), one of the leading German banks.
  • Citigroup Global Markets and Bank of America Merrill Lynch in connection with USD 368 million secured loan facility provided to group of companies, including software department of Flextronics International Ltd.
  • Sberbank, Savings Bank of the Russian Federation, on a USD 700 million syndicated financing to Metinvest, the largest metals manufacturing holding in Ukraine.
  • Aval Bank in a USD 1.028 billion sale of a controlling stake in the bank to Raiffeisen International.

In addition to our expertise in these standard matters, we are known for our innovative solutions of novel and complex legal problems: from securitization to cash-pooling arrangements. We provide a full range of legal services in banking and finance.




    30 May 2017

    Financial Arbitration Procedure in Ukraine (Rus)

    8 February 2016

    The shaky stabilization (Ukr)

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    Corporate Brochure

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