Banking

We have had the privilege to be part of the most challenging and groundbreaking transactions to take place in the banking sector in our region – from business set-ups and mergers, such as the complex region-wide merger of Luminor in all three of the Baltic States, and setting up the new bank Inbank in Estonia; to restructurings and wind-downs, such as Snoras in Lithuania and ABLV Bank in Latvia, as well as market exits and business sales. Whether for pressing current needs or a future change to be anticipated – like anti-money laundering and sanctions compliance, or development of payment services and new funding options – our clients trust us to always find exact solutions. We have a voice in policymaking, too: in Lithuania we helped develop close-out netting legislation; in Latvia we are legal advisers on the panel for the Finance Latvia association, which unites the majority of Latvian commercial banks; and in all three Baltic States we are working on covered bond legislation to provide local banks with new tools for funding their growth.

We can help you with

  • Banking regulation
  • AML and sanctions compliance
  • Banking litigation
  • Lending (general lending, leveraged buyouts, leasing, asset and real estate finance, and other financing)
  • Structured finance
  • Debt restructuring
  • Banking services

Contact us

Experience

  • Legal Adviser

    Nordea

    Combining operations with DNB bank in the Baltics to create Luminor bank

    Combined asset value: EUR 13 billion
  • Legal Adviser

    ABLV Bank

    Advising on liquidation of the third biggest bank in Latvia: the largest liquidation in Latvia to date and the first voluntary liquidation of a bank in Latvia

    Assets under liquidation: approx EUR 2.4 billion
  • Legal Adviser

    LHV

    Establishing commercial bank, starting from preliminary start-up advice

  • Legal Adviser

    Bank of Moscow

    Advising member of Russia’s VTB Group on the sale of its Belarusian subsidiary, Bank Moscow-Minsk, to the Belarusian state

  • Legal Adviser

    Inbank

    Advising novel financial institution on obtaining credit institution licence from Estonian Financial Supervision Authority (EFSA)

  • Legal Adviser

    Nordea

    Transfer of Nordea’s Baltic banking business to its Swedish parent company Nordea Bank

  • Legal Adviser

    Getin Holding

    Advice on acquisition of 95.5% stake in Belarusian Bank for Small Business

  • Legal Adviser

    European Merchant Bank established by Akce Holding Malta

    Assisting Akce Holding Malta in establishing European Merchant Bank in Lithuania and obtaining specialised banking licence issued by the European Central Bank at the request of the Bank of Lithuania