Verkhovodko & Partners traditionally advises in banking, financing and insurance.

We not only participate in establishing new banks and insurance companies, but also advise the already established ones on the issues of law connected to their day-to-day activities, including inter alia advising with respect to granting loans, securing obligations and other related transactions, starting from drafting the necessary legal instruments and all the way to procuring their proper performance and defending rights and interests in court.

We also advise our clients not only in all aspects of international and domestic finance activities, but also when our legal assistance is needed with respect to project finance, M&A transactions, acquisition of real estate and other asset finance, including finding the most effective solutions considering corporate, investment, tax and other related aspects.

We have accumulated solid experience in this field including successful participation in court representing banks and insurance companies.


  • registration, licensing, mergers and acquisitions of banks and other financial institutions;
  • legal advice on granting and receiving loans and other financial transactions, including their structuring and optimization;
  • legal support with respect to securities offering and trading;
  • advising on different aspects of investment funds;
  • representing banks and other creditors in the bankruptcy proceedings;
  • representing banks and other creditors in court disputes arising in connection with banking, finance, insurance and securities related matters.


  • COMMERZBANK — advising, preparing legal opinions on a number of legal issues;
  • National Bank of the Republic of Belarus — preparing a legal opinion with respect to the compliance of the bank equipment supply agreement with the laws of the Republic of Belarus;
  • Association of Commercial Banks of the Republic of Belarus — representing the interests in the economic courts of the Republic of Belarus under the claims seeking the invalidation of the non-regulatory acts of state authorities;
  • An international company offering management, technology and outsourcing services — preparing a comprehensive memorandum, including inter alia the description of possible options for rendering professional services, peculiarities of managing and keeping accounting and tax records by outsourcing companies;
  • Belagroprombank — advising, successful representation the interests of one of the largest Belarusian banks-lender under the claim in the amount exceeding USD 30 MLN in the bankruptcy procedure of the borrower;
  • NLB InterFinanz AG (a Swiss financial company) — legal review and revision of the loan agreement and other related legal instruments, conducting a legal due diligence of a Belarusian borrower;
  • A Foreign Bank — conducting a legal due diligence of a national telecom operator under the assignment of a foreign bank in relation to the grant of a loan;
  • NEFCO (an international financial institution which finances investments and projects primarily in Eastern Europe) — legal review and revision of agreements, as well as advising with respect to granting loans to Belarusian companies;
  • A large Russian Bank — legal support with respect to accreditation of the representative office at the National Bank of the Republic of Belarus;
  • An insurance broker — assisting the establishment and registration at the Ministry of Finance of the Republic of Belarus;
  • A Russian company — legal supervision of the transactions involving promissory notes and representing the interests of one of the note holders in the latter’s relations with the promissory notes issuer — Norilsk Nickel;
  • A Large Ukrainian investor — legal assistance in the establishment of a commercial bank in the Republic of Belarus;
  • Priorbank — consulting and representing the client in the economic courts;
  • Belgazprombank — consulting and representing the client in the economic courts;
  • Belpromstroibank — consulting and representing the client in the economic courts;
  • Belinvestbank — consulting and representing the client in the economic courts;
  • MTBank — consulting and representing the client in the economic courts;
  • RRB-bank — consulting and representing the client in the economic courts;
  • Baltic International Bank — court representation.