The banking, finance, project finance, infrastructure finance, and capital markets practice at BKM | Berkemeyer offers an ‘invaluable, all-in service’ across a diverse range of industries. The team acts for a wide array of clients, including global financial institutions, fintech companies and institutional investors. Co-led by the experienced Martín Carlevaro, the practice excels in finance, capital markets, infrastructure, and regulatory matters. Manuel Arias, with extensive experience, advises financial institutions, hedge funds, private funds and business capital companies on transactional financing, syndicated loans, project finance, refinances and acquisitions. Additionally, Milena Sljivich, dual-qualified in both New York and Paraguay, handles capital markets, project development, infrastructure, PPP, and financing matters.

Ferrere‘s banking and finance practice remains a market leader in Paraguay, recognised for its expertise in managing complex financial transactions. It has expertise across various financial sectors, including banking and insurance, with strong ties to multilateral institutions. The team also acts in major bond and capital markets deals. The practice is led by seasoned professionals and managing partner Carlos Codas, a well-known expert in banking, financial, and commercial law, specialising in financial structuring and transactions with extensive experience across both the public and private sectors. Néstor Loizaga represents foreign banks and multilateral organisations in a wide range of transactions, including major mergers in the financial sector.  Carlos Vasconsellos is highly respected for his expertise in international corporate finance, focusing on structured finance and public-private partnerships, while Verónica Franco is recognised for her work in cross-border transactions, syndicated loans and complex international capital markets deals.

Estudio Jurídico Gross Brown‘s banking and finance practice is a leader in the Paraguayan legal market, trusted by prominent banks and financial institutions. Under the leadership of Jorge Gross Brown, the team has handled major financial transactions, including high-value syndicated loans and cross-border financings. Sigfrido Gross Brown is another key figure, taking point on complex transactions, including sovereign bond issuances. Eduardo Javier Gross Brown brings significant experience to the table, advising on critical banking and finance matters such as the merger of two major banks. Additionally, senior associate Pablo Debuchy plays a key role in cross-border transactions, contributing to multi-million dollar deals and a historic sovereign bond issuance.

Colab’s banking and finance practice is renowned for its expertise in structuring complex project financings, cross-border transactions and public-private partnerships (PPPs). The team handles major deals in the infrastructure and financial inclusion sectors, advising on high-profile syndicated loans, private placements and fintech investments. The team has notable experience advising on banking regulations, M&A and emerging tech matters. Jorge Gross Brown is a leading figure in the market with a strong track record advising on complex transactions for international development finance institutions and private equity firms. Mauricio Salgueiro is recognised for his leadership in transactional law, excelling in complex financings, particularly regarding green hydrogen initiatives and fintech investments, making him a key player in venture capital and financial services. Renato Tenace combines his judicial background with regulatory expertise, focusing on AI infrastructure, digital assets and other highly regulated sectors.

The banking and finance department at Moreno Ruffinelli & Asociados expertly handles complex financial and regulatory matters, offering deep expertise through a team ‘made up of top-level professionals’. Trusted by large banks and government-controlled institutions, the department excels in managing large-scale loans, credit facilities and cross-border transactions, both local and international financial organisations. The team has a notable specialisation in digital banking, trade finance and bond issuances. Practice head and founder José Moreno Ruffinelli has extensive experience and key roles, including as Minister of Foreign Affairs and President of MERCOSUR’s Permanent Court of Review. Maria Esmeralda Moreno specialises in corporate law and high-value transactions, while associate Isabel Godoy brings expertise in securities and fiduciary law, advising on multimillion-dollar bond issuances and loan agreements.

Vouga Abogados’ banking and finance department is known for its advice on innovative, high-value transactions and cross-border financing. The department has seen significant recent growth in matters regarding project finance, renewable energy and fintech, as well as venture capital-related matters. Practice head Cynthia Fatecha is a recognised authority on trusts, securities, capital markets regulations and mutual funds. Carlos Vouga, also a practice head, is another key figure, having led some of the firm’s most complex transactions. Rodolfo Guillermo Vouga and senior associate Cecilia Vera complement the team with their focus on banking, corporate and finance law, handling complex transactions. Associate Belén Rodriguez has also contributed to major transactions.

Altra Legal‘s banking and finance team offers expert advice on credit structuring, fiduciary guarantees, real estate financing and financial inclusion issues. Led by José Antonio Moreno Rodríguez and Adriana Sánchez Mussi, the team has supported key clients, notably in the fintech and microcredit sectors. Moreno Rodríguez is an expert in banking, capital markets and international law. Sánchez Mussi brings extensive expertise in banking, finance, investment, and project finance, especially in fiduciary services for project developments. Counsel Esteban Acha specialises in coordinating banking, finance and investment advisory, with experience in industries like automotive, financial, biodiesel and telecoms. Havng completed her LLM, associate Gabriela Melgarejo has returned to the firm to head up the new 'Tech and Innovation' area, which will focus on advising start ups, scale-ups, venture capital and cutting edge technology; she also has expertise in litigation, arbitration, and advisory matters.

The banking and capital markets team at Olmedo Abogados is widely recognised for its advisory services to banks, financial institutions and companies in Paraguay. Specialising in investments, credit agreements and debt restructuring, the team excels in both corporate advisory and litigation, making it a go-to firm for navigating complex banking regulations and financial products. Managing partner Gustavo Olmedo co-leads the team alongside Enrique Zacarías, who has over 40 years of expertise in corporate, commercial, and banking law, Graciela Royg, who provides expert guidance on cross-border financial and corporate matters, and Ana Peña.

The banking and finance team at Mersán Abogados holds a prominent position in the securities market. Led by Pablo Cheng Lu, a distinguished professional with 25 years in corporate and banking law, the team excels in providing strategic legal counsel across several industries. Tomás Mersán, who specialises in corporate, finance and tax law, has extensive experience advising national and multinational clients. Associate Romina Cardozo León recently worked alongside Cheng Lu to register the practice as an authorised bondholders’ representative, advising top companies across various sectors.

Peroni Sosa Tellechea Burt & Narvaja‘s banking and finance practice is highly regarded for its expertise in complex financial transactions, including advising on the establishment of foreign financial institutions, syndicated loan negotiations and insurance matters. Led by José Luis Vega Meza, the team also benefits from the knowledge of seasoned expert Graciela Narvaja Jones. Narvaja Jones is a recognised authority in regulatory and financial matters, while Vega Meza is highly regarded for advising insurance and reinsurance companies.