Banking & Finance: Domestic Firms
Global Guide 2024 : South Korea
Band 1
Email address
[email protected]Contact number
+ 82 2 3703 1114About
Provided by Kim & Chang
The Banking Practice has over 100 skilled lawyers, former regulators, accountants, and industry specialists with expertise on legal and regulatory matters in all aspects of banking in Korea. Its services include the establishment and licensing of new banking entities, concurrent financial investment business licensing, advice on various banking and related laws and regulations, secured and unsecured lending transactions, bond issuances, fintech, M&A, regulatory reporting, audits, disputes involving financial institutions, and regulatory investigations.
We offers a comprehensive multi-dimensional service. It assembles a unique team of professionals specializing in various areas of law to deal with the rising complexity of legal issues affecting the banking industry with an aim to provide a one-stop legal service. It works closely with the other practices within the firm to offer advice on securities, asset management, private equity funds, M&A, insurance, bankruptcy and insolvency, tax, anti-trust, labor, employment, real estate, and other legal matters important to banks and other financial institutions operating in Korea. This approach permits the Banking Practice to offer the most comprehensive and effective legal services to its clients in Korea’s dynamic market. Based on its close understanding of the legal needs and concerns of its clients as well as their business goals and operations, it offers customized services to meet the clients’ demands.
Chambers Review
Kim & Chang's banking team maintains its reputation as a market-leading legal team in South Korea, with the capacity to act on all aspects of banking and finance transactions, including project finance, shipping finance and acquisition finance. The firm houses experts in a range of areas, including practitioners with previous experience in the Financial Supervisory Service. It provides advice to a range of financial institutions, including investment banks, private equity funds and asset management companies. Its key clients include The Export-Import Bank of Korea (KEXIM), Korea Development Bank and Samsung Asset Management.
Work Highlights
- Kim & Chang advised KB Securities on extending a term loan facility to Curious Crete PEF to finance a part of its purchase of four drill ships.
Strengths
Provided by Chambers
"Kim & Chang is the best law firm with the most competent and expansive team in the Korean legal market. The team fully understands and knows our demands and business goals."
"Kim & Chang demonstrates utmost dedication to client services, including by being available at all times to attend to any urgent matters, exploring through legally permissible yet creative solutions to the satisfaction of the parties involved to ensure that parties achieve the desired outcomes."
"Kim & Chang finance team excelled in their advice. They even offered an additional session which made our internal customers very happy."
"Kim & Chang is the best law firm with the most competent and expansive team in the Korean legal market. The team fully understands and knows our demands and business goals."
"Kim & Chang demonstrates utmost dedication to client services, including by being available at all times to attend to any urgent matters, exploring through legally permissible yet creative solutions to the satisfaction of the parties involved to ensure that parties achieve the desired outcomes."
"Kim & Chang finance team excelled in their advice. They even offered an additional session which made our internal customers very happy."
Notable Practitioners
Cho Young Kyun is an experienced lawyer in the market. He provides particular expertise in aircraft finance and project finance in South Korea, and offers over 30 years' experience in the field.
Yoon Hi Sun has a broad practice that spans project finance, acquisition finance, and shipping finance and refinance transactions. His clientele includes banks and asset management companies.
Yoo Ie Hwan has considerable experience handling banking and finance transactions, and has been particularly active on acquisition financing and ship financing deals. His client base includes private equity firms and corporations.
"He is well respected."
Kim Young Min focuses his practice on aircraft finance and export finance. He frequently acts for Korean and international leasing companies and financial institutions.
"He handled aircraft finance work very well."
Ranked Lawyers at
Kim & Chang
South Korea