Ferrere‘s dedicated banking and finance department is an undisputed leader in banking and finance law in Uruguay, and plays a key role in many of the market’s most complex transactions. Additionally, its dominance in capital markets is evident through its extensive experience in securitisations and bond issuances. Leading the team, Diego Rodríguez is a highly respected expert specialising in banking and finance, including securities issuances, trusts, syndicated loans, regulatory matters, bank M&As and complex securitisations. Sebastián Ramos, an authority in project finance, corporate finance and banking regulation, has overseen the financing of multiple major infrastructure projects. Geraldine Ifrán focuses on banking transactions, Central Bank regulation and insurance, playing a crucial role in major M&A deals and regulatory negotiations.

Industry experts widely acknowledge Guyer & Regules as a powerhouse in Uruguay’s banking and finance sector. With a team led by Nicolás Piaggio, the practice has a broad client portfolio, which includes private banks, broker-dealers and pension funds, such as Citibank, HSBC, and Banco Itaú. Piaggio is a leading authority in banking and corporate law, widely recognised as a go-to expert in financial regulation. Nicolás Herrera is sought after for his expertise in high-stakes legal matters. Juan Manuel specialises in banking, project finance and energy, advising lenders, multilaterals and HSBC. Álvaro Tarabal is a recognised expert in banking and finance, with deep market knowledge and experience in novel transactions. Florencia Castagnola is a top banking lawyer and fintech expert, highly experienced in regulatory affairs and a key advisor to Citibank.

Dentons Jiménez de Aréchaga is a powerhouse in Uruguay’s banking and finance sector, regularly advising leading global financial institutions. With deep expertise in traditional banking, the firm has a strong track record advising on infrastructure and project finance transactions, including Uruguay’s largest PPP railway project. Its expertise extends to consumer finance, fintech and insurance, reinforced by the addition of Federico Lemos, strengthening its capital markets practice. Co-leader Nicolás Herrera Alonso has led financing for Uruguay’s first green hydrogen project, the region’s first hydrogen-powered truck initiative and blue loans, while also advising on major financial transactions. Co-leader Fernando Jiménez de Aréchaga excels in project finance, M&A and energy matters, with a distinguished track record in renewable energy and PPP financings. Fellow co-leader Mariela Runanova leads counsel for payments sector companies, advising on regulatory negotiations and financial innovation initiatives.

The banking and finance team at Hughes & Hughes is recognised for its deep industry expertise and strong track record advising multilateral credit organisations, investment banks and financial institutions on complex transactions in Uruguay and internationally. The practice plays a key role in structured financing, including credit facilities, convertible bridge loans and securities brokerage, as well as major deals like BBVA’s acquisition of Credit Uruguay Banco. Co-leader Horaldo Espalter has vast experience in financing projects across the energy, forestry, ports, airports and maritime sectors, representing both companies and multilateral organisations in Uruguay and abroad. Also co-leading, Héctor Ferreira is a leading expert in financial negotiations and complex financing structures, advising multilateral credit organisations, investment banks, and financial entities. Co-leader Juan Carlos Oreggia Carrau specialises in commercial and financial transactions, with a focus on FDI structuring, joint ventures, acquisitions and investments in industries like forestry and energy. The team is further supported by Mariana Estradé, Florencia Beyhaut and associates Clara Villaamil and Santiago Camacho.

Posadas is an established player in Uruguay’s banking and finance sector, particularly renowned for its expertise in project finance for energy and infrastructure. The practice advises multinational lenders, investment banks and development banks on corporate, acquisition and asset finance, as well as structured finance and cross-border syndicated credit facilities. It plays a key role in Uruguayan capital markets, advising on IPOs, bond issuances, and regulatory matters. Its strong regulatory expertise makes it a trusted adviser for corporate banks, fintechs, brokers, and payment service providers seeking licences from the Central Bank of Uruguay. Practice head Tomas Gurméndez is a leading expert in corporate and project finance, specialising in cross-border transactions. Fellow practice head Andrés Aznárez advises regulated financial entities and handles high-value corporate financings. Victoria Garabato focuses on renewable energy and infrastructure finance, while senior associate Martina Reyes plays a key role in transactional and regulatory banking matters.

Bragard Abogados is a full-service law firm, specialising in banking, finance, and capital markets. The department also covers compliance, restructuring, tax and intellectual property matters. With a prestigious clientele, including UNOPS, AFD Paraguay and Zorzal Inversiones Tecnológicas SA, the team remains prominent in Uruguay’s legal and financial landscape. Under Jean Jacques Bragard ’s leadership, the team regularly represents major financial institutions and multilateral organisations. Agustina Bomio focuses on capital markets and fintech, offering strategic regulatory advice. Juan Bonet advises on financing transactions, M&A and public and private issuances.

Acting for key regulated entities, including banks, insurance companies and asset managers, the banking and finance practice at Deloitte (Uruguay) is involved in structuring public and private offerings, financial trusts, syndicated loans and project finance deals. Led by Javier Domínguez, the practice excels in navigating regulatory challenges and advising on M&A, capital markets and compliance for clients such as Mapfre, SURA Asset Management and República AFISA.

Brum Costa Abogados’s banking and finance team is recognised for its expertise in anti-money laundering (AML) work, offering strategic compliance guidance, policy development and training. The practice also advises on corporate governance, investments and stock market regulations, working with major financial institutions. Additionally, it plays a key role in project finance, supporting companies in complex financial structurings. Practice head Leonardo Costa has extensive experience in tax, banking and AML compliance, advising governments and international organisations. Associate Sofia Milsev advises on financial regulation, AML/CFT and data protection, bringing expertise in contract management, regulatory negotiations and compliance policies. Associate Juan Diana, a financial regulation and AML/CFT expert, assists financial and non-financial entities in governance, fintech, and virtual assets matters.

The banking and finance department at Olivera Abogados leads complex financial transactions, advising major clients like BEVSA and handling a high volume of securities transactions. Its work spans multiple jurisdictions and includes a $50M deal for a multinational investment banking and financial services group. The team excels in advising on innovative financing, infrastructure projects and regulatory negotiations. Practice head Ricardo Olivera García is a leading commercial law expert with extensive cross-border transactional experience. Fellow practice head Juan Mailhos Gallo is involved in major transactions, recognised for his contributions to innovative financial projects, and his ability to anticipate regulatory and market challenges.