With increased oversight in the banking sector and the advent of Islamic finance and fintech in Kenya, we leverage on the trusted legal advice we provide to regulators to help clients make sense of what may be complex transactions in an increasingly competitive market.

Our Banking & Finance practice area is well-known for its years of experience in advising clients in banking & finance law in contentious and non-contentious matters. The practice area is actively advises on asset finance, structuring and drafting lending and security documentation for corporate and retail lending including cross border and syndicated loans, structured finance  and trade finance for local and regional banks, regulators and international financial institutions.

Experience

Recently, we have been involved in:

  • Advised a leading private bank in Kenya in the purchase of shares worth USD 92, 000 from a target company that provides insurance financing products.
  • Advising a lender on a suitable structure for the upstamping of the existing securities as well as advising the lender on the additional security documentation to secure the lender’s interest.
  • Acting in the preparation and perfection of security documentation (debenture, charges, corporate guarantees and the relevant board resolutions) for a Kenyan commercial bank in respect to their lending to a horticultural firm to facilitate acquisition of a horticultural farm worth USD 4 million.
  • Representing the Kenyan and Nigerian subsidiaries of a Pan Africa bank in a claim worth USD 52 million arising from a facility of USD 300 million advanced to a Lebanese engineering firm to fund the construction of the Nairobi-Mombasa oil pipeline.
  • Successfully represented a Pan-African bank in a claim of USD 25 million brought by a Zambian borrower who claims he never authorised the bank to disburse funds to the borrower.

Recent Insights

Digital Age: The Advent of Open Banking As Technology and Financial Services Converge

Going Green: Introduction of Green Bonds as a Means of Sustainable Development

Amendments to the Central Bank of Kenya Act, 1966


Related Services

Corporate & Commercial, Dispute Resolution, Restructuring & Insolvency


For more information about our Banking & Finance practice, please contact George Oraro SC (Senior Partner) or Pamella Ager (Partner).  Alternatively click here to download our Banking & Finance profile.

Key Contacts
George Oraro SC
Senior Partner

 

 

E:goraro@oraro.co.ke

Pamella Ager
Partner

 

 

E: pamella@oraro.co.ke

Nelly Gitau
Partner

 

 

Enelly@oraro.co.ke