Department profile
DL & F De Saram

Banking & Finance

Asia-Pacific Guide 2026 : Sri Lanka

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DL & F De Saram

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About

Provided by DL & F De Saram

Specializations

Key work of the Department includes both domestic and cross border banking and project finance transactions. The Department has acted as local counsel on several cross-border matters alongside international law firms, such as Baker McKenzie Wong & Leow, Clifford Chance and Allen & Overy. 

Categories of Clients

The recurrent clients of the Department includes Pan Asia Banking Corporation, HSBC Bank PLC, Export-Import Bank of China, Asian Development Bank, Citibank N.A. The Firm has also been appointed to the legal panels of Standard Chartered Bank and Hongkong and Shanghai Banking Corporation for the current period.

Recent Work Highlights

Recent work highlights of the Department includes advising a banking syndicate on the provision acquisition financing of USD 360Mn to PGP Glass Private Limited, India to acquire an Indian entity with a listed subsidiary in Sri Lanka, advising Pan Asia Banking Corporation and Symbiotics SA on the USD 7.75Mn Green Bond issuance and advising Pan Asia Banking Corporation on the term loan facility of USD 10.75Mn obtained from Micro, Small & Medium Enterprises Bonds S.A., Symbiotics S.A.

Clients (10)

  • Pan Asia Banking Corporation
  • Symbiotics SA
  • Bank of Bahrain and Kuwait BSC
  • Wells Fargo Bank, N. A
  • Standard Chartered Bank
  • Hongkong and Shanghai Banking Corporation
  • Capital Alliance Partners Limited
  • Citibank, N.A
  • Asian Development Bank
  • Commerzbank AG

Industries (2)

  • Investment and Private Equity
  • Banking and Financial Services

Chambers Review

Provided by Chambers

Banking & Finance - Sri Lanka

Band 1

What the Team is Known For

DL & F De Saram is a trusted legal advisor to a number of major global banks on corporate and regulatory matters in Sri Lanka. The firm is active in derivative and other structured finance transactions, as well as loan facilities and banking regulatory matters. The team frequently acts as co-counsel alongside international law firms on cross-border matters. The lawyers advise on project finance matters as well as payment services and corporate acquisitions.

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Work Highlights

Provided by Chambers

  • DL & F De Saram advised China Development Bank on the restructuring of facilities granted to the Democratic Socialist Republic of Sri Lanka represented by the Ministry of Finance, Planning and Economic Development and National Water Supply and Drainage Board of Sri Lanka under the government debt restructuring program.

Strengths

Provided by Chambers

  • Throughout our collaboration, the lawyers at the firm have been highly responsive, patiently addressing all our questions with professionalism and expertise.

    Banking & Finance respondentAsia-Pacific

  • DL & F De Saram has a great pool of resources to draw on, focusing on speed and delivery excellence.

    Banking & Finance respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Aloka Nandasena
    Aloka Nandasena

    Aloka Nandasena

    Aloka Nandasena regularly advises both banks and borrowers on a range of financing facilities, including term loans and project finance. She also advises on structured finance and banking regulatory matters.
    View profile
  • Savantha De Saram
    Savantha De Saram

    Savantha De Saram

    Savantha De Saram has a strong reputation in the market for his expertise in structured finance and project finance transactions, as well as regulatory matters.

    • Savantha has outstanding legal and communication skills, and substantial experience in financial services.

      Banking & Finance respondentAsia-Pacific
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Ranked Individuals at DL & F De Saram (2)

Sri Lanka

Members

Provided by DL & F De Saram

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