About

Provided by MMC ASAFO

The Firm’s Banking, Finance & Fintech Department is renowned for its wide range exemplary work in banking and finance sector ranging from debt restructuring, syndicated facilities, project finance, construction finance and advising various leading Banks in Kenya and the greater East African region on transactional, regulatory and operational practice. The department prides itself as being the market leaders in Islamic Finance. One of its most significant work in the department is the development of the Compliance Manual for banking institutions which provides a compliance structure on the operations, processes and documentation required in the industry. The department has been instrumental in assisting financial institutions, corporate and individual clients in navigating through the constant legal developments in the sector including the rapid changes in use of technology in the finance sector and as part of the Firm’s value addition, the department offers strategic training to clients on various emerging issues including new legislation, landmark court decisions with impact in the sector, legal and regulatory framework in land use and planning, REITS, securities perfection processes, recoveries of non-performing loans and other emerging issues in the sector such as mortgage and asset backed securities.

Chambers Review

Provided by Chambers
Banking & Finance - Kenya
3
Band 3
What the team is known for

MMC ASAFO runs a strong banking and securities practice, with notable capability in Islamic finance and cross-border lending. The team's expertise spans trade and construction finance, as well as syndicated loan agreements. It provides significant support in security perfection, asset debenture and asset-backed securities matters to an eminent list of domestic banking clients. Its lawyers handle a high volume of lender-side mandates, providing loan facilities to domestic real estate and manufacturing players.

Notable practitioners

Isaiah Mungai Kamau is a key contact for clients.

Strengths

Provided by Chambers

Members

Provided by MMC ASAFO

Allan Olimba

Isaiah Mungai Kamau

Head of Department

Jannet Yego

Joy Omulele

Judy Guandaru

Mary Gathoni

Nalianya Ian Smith

Vivian Namisi

Clients

Provided by MMC ASAFO

ABSA Bank Kenya PLC

African Banking Cooperation

Cooperative Bank of Kenya

Equity Bank (Kenya) Limited

Gulf African Bank Limited

HFC Limited

Habib Bank

Industrial Credit & Development Corporation (ICDC)

KCB Bank Kenya Limited

National Bank of Kenya Limited

Sidian Bank

Industries

Provided by MMC ASAFO

Construction

Health

Insurance

Manufacturing

Oil and Gas

Private Equity

Public Sector

Technology