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Banking & Finance Stay Competitive, Stay Ahead
The Philippine finance sector is on the go. Global banks are opening offshore units. Local and international institutions alike are maximizing their receivables with new laws on securitization and non-performing loans. International insurance companies are exploring the growing market for financial products and anticipating competition with local providers.
Privatization of key facilities and services is also attracting investor interest. Amendments to the build-operate-transfer law are making it easier to transact and meet regulation requirements.
Quisumbing Torres, a member firm of Baker & McKenzie, can help you take advantage of industry developments and realize growth for your investments. Our established relationships with the Bangko Sentral and other regulatory bodies allow you to address issues immediately and stay competitive.
Established in 1963, we are the first and only law firm in the Philippines to offer a full range of legal support to both developers and lenders on major financing endeavors. We participate in the country’s leading infrastructure transactions involving energy and water systems, tollways and airports.
Quisumbing Torres set up the administrative council and trained regulators on the Anti-Money Laundering Act. Our role in promoting the law has helped the Philippines earn more grants from the World Bank. The Asian Development Bank calls us “the regional experts on anti-money laundering.”
How We Can Help
- Banking – We provide domestic and foreign financial institutions with a full range of services in the following areas:
- Domestic and foreign loan transactions
- Credit support and enhancement facilities
- Derivative transactions, including sale and repurchase agreements
- Establishment or acquisition of all types of domestic banks and financial institutions
- Transactions involving foreign currency deposits and offshore banking
- Project Finance – Our experience in project finance transactions includes:
- Power purchase agreements, build-operate-transfer and other power and infrastructure project arrangements
- Loan agreements, mortgage trust indentures and other security arrangements, credit support and enhancement facilities
- Turnkey construction contracts
Investment structures for developers and project proponents
- Real estate issues related to project sites
- Agreements for joint ventures, shareholders, share sale, share purchase and other documents related to financing
- Bids for government contracts
- Government licenses and permits
- Registration of foreign loans with the Central Bank of the Philippines
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