Our banking practice is purpose built for lenders and borrowers

In our banking practice, we act for both lenders and borrowers and also advise regional central bankers on the implications of legislative change and on emerging trends and banking issues in Europe and America. Whether it is the LIBOR scandal or the latest tax scandal hitting the UK, we are well versed with it all and can provide you with the advice and services that you need.

We believe that the issue of conduct costs is a rather serious and telling one and, like our friends in the financial community in London, we believe that a league table for banks is imperative to bring improvement to the present crisis surrounding the banking sphere. We are therefore involved in efforts to produce a league table for the banking sector in Pakistan so that consumers and market participants can feel secure about who they are doing business with. We believe that banks should self report wrong doing rather than be caught out by the press and regulators.

PIL's international banking and finance practice offers a wide-ranging and excellent service to financial advisers, borrowers, lenders and other parties, intermediaries and counter-parties. We serve leading global banks and businesses present in Pakistan who are impressed with our strong transaction management and competence in producing results in relation to difficult structuring issues.

Moreover, PIL is also accepts instructions from corporate clients in relation to:

• Recovery litigation – we act for clients and bring claims recovery of money and assets from defaulters, criminal complaints and auctions.
• Acquisition finance – structuring the financing of cross-border mergers, acquisitions as regards asset and equity, leveraged buyouts and restructurings
• Loans (syndicated or bilateral) and credit facilities. Structuring cross-border facilities, secured and unsecured, and trade financing transactions.
• Corporate lending (structured/asset based/invoice discounting).
• Guarantees and indemnities (corporate and individual).
• Standard documentation and scrutiny performance bonds.
• Letters of credit, debt and asset recovery.