Banking & Finance

Oentoeng Suria & Partners has a notable legal practice in Indonesia's banking and finance space, frequently assisting foreign and Indonesian banks with high-value power and infrastructure financings. The firm also advises both lenders and borrowers on general banking deals and restructuring matters, including in the rail, energy and mining sectors. The group regularly leverages the international Ashurst network to provide extensive cross-border services to clients. The team is particularly well placed to service Chinese clients. Pertamina Hulu Indonesia, China Development Bank and Halmahera Jaya Feronikel are examples of the firm's clients.

"They have shown and proven their ability to solve sophisticated issues which not only relate to legal aspects but also business and commercial terms."

"They are easy to contact and their coordination with Ashurst is very smooth."

Oentoeng Suria & Partners advised China Development Bank on financing worth approximately USD4.5 billion for the development of the Jakarta-Bandung high-speed rail project.

Rizaldy Tauhid is a partner in Jakarta who is noted for representing clients such as development banks and international and local lenders, and he is especially active in project financing. "He is easy to work with since he is very adaptive to clients' requests." "He has shown that a true lawyer is someone who can give simple and straightforward solutions to the client."