An Established Banking Sector Under Strict Saudi Central Bank Oversight
Banks and finance companies in the Kingdom operate under one of the region's strictest regulatory frameworks, with the Saudi Central Bank (SAMA) imposing precise capital, liquidity, and customer protection requirements. This tightly regulated environment means any dispute or new banking product needs legal understanding balancing customer interest with banking compliance requirements.
Credit Facility Contracts
We review and draft credit facility contracts of every type, from commercial loans to letters of guarantee and import credits, ensuring clarity in collateral clauses, default interest, and the bank's rights upon default.
Compliance With SAMA Regulations
We help finance companies structure their products in line with applicable SAMA regulations, including minimum capital requirements, capital adequacy ratios, and customer fund protection standards.
Customer Disputes With Banks
We handle customer disputes with banks and finance companies, a recurring matter for industrial businesses managing complex financing, particularly over interest calculation or service fees not clearly agreed upon in advance.
Debt Restructuring for Struggling Businesses
We help businesses facing difficulty meeting their banking obligations negotiate with banks to restructure debt, within the framework of the Saudi Bankruptcy Law that protects the chance for continued operations where possible.
Letters of Guarantee and Documentary Credits
We review bank letters of guarantee and documentary credits used in major commercial deals, and help clients understand their activation terms and avoid arbitrary forfeiture when a commercial dispute arises.
Mergers and Acquisitions Among Financial Institutions
We help financial institutions wishing to merge or acquire understand SAMA's prior approval requirements, complex procedures requiring precise coordination among several regulatory bodies.
Crowdfunding and Alternative Investment Platforms
We help emerging crowdfunding platforms understand their specific licensing before SAMA, a regulatory classification separate from traditional bank financing carrying its own individual investor protection requirements.
Cybersecurity in the Banking Sector
We help banks and finance companies understand cybersecurity requirements SAMA imposes, requirements significantly tightened in recent years given growing digital threats to the financial sector overall.
How We Start With You
Send us the details of the banking contract or the dispute you are facing on WhatsApp. We help you understand your position precisely, whether you are a bank, a finance company, or a customer facing a dispute with either.