Industries

Banking and Financial institutions

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Overview

Vulnerable to the effects of frequent global and local downturns, Ukraine’s banking and financial sector is fast-changing and heavily regulated. With in-depth knowledge of the sector and extensive experience across our core practices, we are perfectly placed to render top-notch legal service, helping our clients navigate their way through this challenging environment.

Avellum’s attorneys regularly advise a wide range of financial institutions, including international and domestic banks, investment firms, asset managers, insurers, brokers, stock exchanges and other financial institutions. They benefit from our capacity to advise both on aspects of their operations, and the products and instruments they offer to their clients.

Our expertise

We know how to set up efficient teams of lawyers from our core practice areas to advise banks and financial institutions on M&A transactions in the sector, financing, debt and equity placements, regulatory compliance, debt and corporate restructuring, taxation matters, and debt collection – usually accompanied by enforcement of guarantees/suretyships, as well as mortgages and pledges over assets located in Ukraine.

Our clients

We advised the Black Sea Trade and Development Bank, Citi, Credit Suisse, Deutsche Bank, the European Bank of Reconstruction and Development, ING, Raiffeisen Bank International AG, Rabobank, and UniCredit.

Key experience

Tax advice on cross-border financing matters

Legal Advisor to PrivatBank

Advice on tax aspects of Eurobond offering, fully guaranteed by the United States of America

1

Bln USD

Legal Advisor to the Ministry of Finance of Ukraine

Acquisition of 100% shares in Portmone Group by Kaspi Pay, a wholly owned subsidiary of Kaspi.kz

Legal advisor to JSC “Kaspi.kz”

Two loan agreements constituting financial support from France to Ukraine for strengthening maritime safety and security of Ukraine

116

Mln EUR

Legal advisor to the Ministry of Finance of Ukraine

A loan to Communal Enterprise “Kyivskiy Metropolitan” guaranteed by the Kyiv City Council

116

Mln EUR

Legal advisor to EBRD

Debut bond issue of Ukravtodor at the international capital markets with the state guarantee

700

Mln USD

Legal advisor to the Ministry of Finance of Ukraine and Ukravtodor

Merger of PJSC “MTB Bank” and PJSC “Commercial Bank “Center”

Legal Advisor to MTB Bank and Bank Center

Legal Advisor to a private equity vehicle managed by responsAbility Investments AG

Acquisition of a shareholding in Bank Lviv

Secured credit facilities to Kuwait Energy

116

Mln USD

Legal Advisor to Lenders

Long term secured loan to Limited Liability Company “Novi Biznes Poglyady”

52.5

Mln EUR

Legal advisor to EBRD

Show all key experience

Related materials

Legal alerts

UKRAINE ADOPTS EXTRAORDINARY CURRENCY CONTROLS AMID RUSSIAN MILITARY AGGRESSION

On 24 February 2022, promptly following the outbreak of Russian military aggression against Ukraine, the martial law was declared across the entire territory of Ukraine. With effect from the same date, the National Bank of Ukraine (“NBU”) passed resolution No. 18 “On the Functioning of the Banking System during the Martial Law”.

Posted on August 24, 2022

Legal alerts

UKRAINIAN LAW ON JOINT STOCK COMPANIES IS SUBSTANTIALLY MODERNISED

The Parliament of Ukraine has adopted in its entirety draft law “On Joint Stock Companies” No. 2493, dated 25 November 2019 (“Draft Law”).

Posted on August 24, 2022

Legal alerts

UKRAINE STREAMLINES REGULATION OF LOCAL FINANCIAL SERVICES MARKETS

On 1 July 2020, the Law of Ukraine “On Amendments to Certain Legislative Acts to Improve Functions for State Regulation of Financial Services” (“Law”), dated 12 September 2019, became operational.

Posted on August 24, 2022

Newsroom

AVELLUM ADVISES THE MINISTRY OF FINANCE OF UKRAINE ON OFFICIAL LOANS EXTENDED TO UKRAINE BY ITALY AND CANADA

AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine.

Posted on August 24, 2022

Newsroom

AVELLUM ACTS FOR UKRAINE ON CONSENSUAL DEFERRAL OF EXTERNAL DEBTS WORTH OVER USD25 BILLION

AVELLUM acted as the Ukrainian legal counsel to (i) the Ministry of Finance of Ukraine, (ii) Private Joint Stock Company “National Power Company “Ukrenergo” (“Ukrenergo”), and (iii) the State Road Agency of Ukraine (“Ukravtodor”).

Posted on August 24, 2022

Newsroom

AVELLUM ADVISES THE MINISTRY OF FINANCE OF UKRAINE ON SOVEREIGN LOANS EXTENDED TO UKRAINE BY FRANCE AND CANADA

“These transactions were closed in record time due to seamless collaboration of all involved parties who clearly understood what was at stake”, – commented Glib Bondar, senior partner of AVELLUM.

Posted on August 24, 2022
AVELLUM ADVISES THE MINISTRY OF FINANCE OF UKRAINE ON SOVEREIGN LOANS EXTENDED TO UKRAINE BY FRANCE AND CANADA

Key contacts

GLIB BONDAR

Senior Partner

gbondar@avellum.com

ANDRIY ROMANCHUK

Partner

aromanchuk@avellum.com

Team

MYKOLA STETSENKO

Managing Partner

mstetsenko@avellum.com

YURIY NECHAYEV

Partner

ynechayev@avellum.com

VADIM MEDVEDEV

Partner

vmedvedev@avellum.com

Practice

Energy & Natural resources

Our lawyers help clients identify, assess and manage project-related risks. We understand our clients’ needs and deliver pragmatic, commercially driven, elegant solutions.

Practices

Antitrust

We provide comprehensive advice on Ukrainian competition law. From merger control and antitrust investigations to state aid & competition litigation – we can deal with any competition issue you have encountered.

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