Banking and Financial Services

The banking and financial services sector is a major contributor to the Irish economy and currently employs over 150,000 people. An effective and well capitalised banking system is vital to the future economic well being of Ireland. Legislative developments in this area have been extensive and aim to stabilise the credit institutions of systematic importance to the Irish economy and increase the flow of credit to the commercial sector.

Banking department

We are one of the most experienced banking practices in Ireland. We have extensive practical experience in advising on all aspects of lending transactions and structurings. We act for all the major banks and financial institutions, publicly quoted companies, private companies and high net worth individuals, providing a range of corporate, restructuring, investment, treasury, and international financial services to them on continuous basis. We understand the current challenges facing the sector. We are well versed in achieving our clients' goals on complex areas such as enforcement of guarantees and security, corporate restructuring and insolvency, shadow directorship and discovery orders. We are commercially focused and adept at reaching pragmatic solutions to testing situations.

Banking services

We provide the full range of banking services to our clients. These services can broadly be divided into three main categories:

Corporate banking and finance:

  • Syndicated loans
  • Facility letters
  • Security over all types of assets
  • Invoice discounting and debt factoring
  • Novations
  • Hedging and swaps
  • Leveraged finance projects

Project finance:

  • Renewable energy projects
  • Commercial property including tax based co-ownerships
  • Owner/occupier purchases of retail, industrial & office units
  • Hotels, pubs, sports clubs and off-licence premises
  • Take-overs, mergers, joint ventures, management buy-outs
  • Tax bases investments - personal or otherwise

Instruments of security:

  • Mortgages, debentures and charges
  • Guarantees and indemnities
  • Priority agreements
  • AssignmentsÂ