BANKING LAW

Banking laws aim at guaranteeing sound banking transactions as banks play a vital role in driving the economy by providing various services such as safeguarding and lending money. Therefore, legislation’s are required for the regulation and observation of banking transactions.

Hadeel Al Shaali Advocates & Legal Consultants team of banking and financial services experts specializes in sophisticated banking transactions. Our team’s areas of expertise encompass Banking Laws, Islamic and Commercial Banking Contracts and Transactions, structuring banking facilities documentation and agreements and real estate mortgages and other banking securities and guarantees, and the enforcement of such securities and guarantees, letters of credit, debt recovery from defaulting bank customers and representing banks in commercial and criminal litigation initiated by or against the banks,.

We regularly provided legal advice to several UAE banks on all banking transactions, and drafted and reviewed all banking forms and contracts, including credit facilities documentation, loan agreements, syndicated loans, securities and mortgages and pledges, and unified terms and conditions for account opening.

Our lawyers possess an intimate understanding of the local legal and economic markets as well as its governing laws and customs in the banking industry, and have a long history of advising in landmark UAE and cross-border complex, high-profile banking and financial transactions.