D. L. & F. De Saram is particularly prominent in domestic and international banking and project finance transactions, including asset and structured finance matters. The practice is often engaged as counsel on cross-border international law matters. The team is jointly headed by Savantha De Saram, Prabash De Saram and Aloka Nandasena, all of whom complement their banking and finance expertise with knowledge of disputes, corporate and M&A, project finance and taxation.

The team at Julius & Creasy is particularly well versed in the drafting of loan and supporting security documentation for domestic lenders; they also provide local banks with expertise on general banking and regulatory matters. In addition, the team’s thorough knowledge in aircraft leasing matters means the practice is often acting as local counsel to foreign clients in such mandates. The team is overseen by Janaki Kumaraguru, she is particularly knowledgeable in financial regulation, services and structuring in addition to property and trade financing. Often, she assists major domestic and international clients on funds, derivatives and security. Priya Sivagananathan co-leads the team and is a seasoned practitioner who is often engaged in the de-listing of companies from the Colombo stock exchange.

Nithya Partners routinely advises corporate entities, the Sri Lankan government, international banks, development and finance institutions as well as leasing and finance companies. Recently, the practice has handled loan transactions, debt issuances and its key strengths structuring, regulatory and compliance advice and banking regulation, among other matters. The team is overseen by Naomal Goonewardena, with 30 years of experience in the domestic financial sector, he is adept in the full array of financial law including bond issues and foreign direct investments. Peshala Attygalle regularly advises clients on a broad range of commonly occurring banking regulation and banking documentation issues. Associate Chalani Dissanayake has knowledge of compliance concerning foreign and domestic exchange regulations.

F. J. & G. De Saram advises local and international banks on the full array of matters, including lending and foreign exchange restrictions, among other work. The practice also actively assists payment service providers in matters relating to money laundering and bribery. Ayomi Aluwihare-Gunawardene has expertise in investment markets, while Himali Mudadeniya provides knowledge of debt finance transactions and also assists international banks, as well as other financial institutions wishing to operate in Sri Lanka; the pair jointly head the team alongside Manjula Ellepola, who is particularly well versed in the security side of project financing transactions and is often involved in drafting security documents. Tilani Ford is particularly busy handling fintech matters, advising clients on domestic payment and settlement laws.

Sudath Perera Associates advises clients on small and medium recoveries, damage claims, debt recoveries and non-performing loan facilities, among many other matters. Kaushalya Meedeniya combines his banking practice with advice on tax, regulatory compliance and project management matters alongside Gamini Balasooriya who co-leads the team.

Tiruchelvam Associates has been busy combatting matters within the banking and finance sector relating to Sri Lanka’s economic crisis. The practice assists multinational as well as smaller clients on regulatory changes such as overcoming restrictions and management of salaries. Thanks to associate Thuwaraka Ganeshan’s IT expertise, clients have also been assisted on a diversity of fintech matters. The group has aided not-for-profit organisations and has consistently advised at reduced or pro bono rates to those concentrated on micro finance. Ramani Muttettuwegama leads the team and is adept in debt restructuring with her advice often coveted by international debt restructuring teams.