ABNR Counsellors at Law‘s diverse offering in the banking and finance space includes advising on the full range of onshore and offshore financing work, as well as syndicated and bilateral lending transactions, securitizations, structure finance and leveraged and acquisition finance. Fintech work and project finance are other key areas of focus for the team, which represents clients from a broad range of sectors, with particular strength in the e-commerce and energy sectors. Emir Nurmansyah heads the practice, bringing particular expertise in marine financing work. The department has deep bench strength, with key practitioners including Rita Taufik and Monic Devina, both well known for handling banking M&A deals; Ayik Candrawulan Gunadi, Nurdin Adiwibowo, and Serafina Muryanti, a quartet of project finance experts; Ammalia Putri, who focuses on regulatory and compliance work in the space; and Maher Sasongko.

Ginting & Reksodiputro in association with Allen & Overy leverages the wider global footprint of the firm to provide clients with Indonesian, Singaporean, US, and English legal advice, and the practice has a correspondingly strong offering in relation to cross-border finance mandates. The group has an established track record in handling high-value financings, lending work, and restructuring mandates for lender clients. Managing partner Daniel Ginting is highly regarded for his expertise in advising on structured financing transactions, acquisition financing, project development, banking M&A, and debt restructuring. Tarsis Halintar‘s practice includes restructuring work, and he is adept at representing foreign lenders and state-owned companies, while Michael Tardif specialises in project finance. Cindy Riswantyo left the team in October 2023.

Hadiputranto, Hadinoto & Partners, a member firm of Baker McKenzie advises on the full range of banking and finance matters, and the team particularly stands out for its strength in handling M&A work involving financial institutions. The firm is very well known for handling a number of transactional and regulatory matters concerning diverse financial products, and reports an increase in work involving fintech. Practice head Erwandi Hendarta is a highly regarded practitioner in the space. Indri Pramitaswari Guritno advises on structured finance and Islamic finance as well as transactional work; capital markets expert Mahardikha Sardjana, Eddie Dewanda and associate partner Agung Wijaya are singled out for their contributions.

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills' team has strong capabilities across the full range of financing mandates; the group advises global and domestic banks and financial institutions on acquisition and leveraged finance, corporate finance, and project finance, notably for clients in the energy, mining, manufacturing, real estate, and TMT sectors. Firm founding partner Tjahjadi Bunjamin is sought after for his excellent track record in advising on cross-border mandates, and jointly heads the practice with Adrianus Adritomo, who fields extensive experience in financing work, debt restructuring matters, and bilateral and syndicated loans.

Oentoeng Suria & Partners in association with Ashurst has established strength in advising on cross-border work in the banking and finance space, and has a solid track record in handling high-profile financing and restructuring transactions. The team assists international financial institutions with project financing matters in the energy, mining, and infrastructure sectors, and is particularly well known for representing Chinese lenders. Practice head Rizaldy Tauhid specialises in advising on projects and infrastructure financing transactions, and foreign legal consultant Frédéric Draps is active in major project development and financing matters.

At Widyawan & Partners, the team covers the full spectrum of banking matters, including financing transactions, distressed debt matters, debt restructuring, and acquisitions. The client base includes high-profile, international financial institutions, as well as energy, industrial, real estate, telecoms, financial, and retail entities. Cross-border work is prominent in the group's workload. Adrian Pranata focuses on financing transactions, and jointly heads the practice with David Holme, who specialises in project finance matters relating to the energy and infrastructure sectors.

The banking and finance practice at Assegaf Hamzah & Partners is noted for its strengths in the fintech space, and its strong experience in assisting Chinese investors with mandates involving foreign direct investment into Indonesia. Led by structured finance expert Ibrahim Sjarief Assegaf, the team regularly acts for Indonesian government agencies and regulators. Ahmad Fikri Assegaf advises on venture capital, private equity, and corporate financing matters, and Harun Ngantung fields extensive experience in handling syndicated lending, structured and leveraged finance, and refinancing transactions. Indira Yustikania is a key name for fintech mandates.

Makarim & Taira S. has an excellent reputation for advising Chinese banks and financial institutions, export credit agencies, and international banks on work concerning the Indonesian market. The firm also has experience in handling matters involving aviation finance, Islamic finance, project finance, and fintech. Managing partner Maria Sagrado and Frederick Simanjuntak co-lead the practice; Simanjuntak has established expertise in advising on syndicated lending and project finance matters concerning the energy, aviation and private equity sectors. Stephanie Kandou handles transactional work in the department.

TNB & Partners in association with Norton Rose Fulbright frequently acts as local counsel for Norton Rose Fulbright, advising multinational lenders on complex cross-border financial matters in the South East Asia market. The practice has notable strength in advising aviation clients on asset finance, and regularly acts for renewable energy clients in financial matters. Sustainable finance work is a growing part of the department's offering in Indonesia. Practice head Tasdikiah Siregar handles debt finance, M&A, and regulatory work; associates Wira Saputra and Merlyn Margaretha are also key contacts.

Witara Cakra Advocates (WCA) in exclusive association with White & Case LLP Indonesia is well versed in handling debt financing work, with strength in representing lenders, underwriters, and arrangers in a broad range of secured loan and structured finance transactions. Project finance is another key area of instruction for the group, which assists prominent global and domestic energy and natural resources companies with high-value transactions. Fajar Ramadhan is the practice head, and is highly regarded for his solid track record in advising on financings, debt restructurings, security structures, project finance, and international bond offerings. PPP specialist Cindy Riswantyo joined the team from Ginting & Reksodiputro in association with Allen & Overy in October 2023.

Hanafiah Ponggawa & Partners – Dentons HPRP is noted for its strong track record in handling project finance work concerning infrastructure developments, financing transactions for aviation clients, and a range of cross-border matters in the banking and financing space. The practice is led by the triumvirate of Fabiola Hutagalung, Erwin Kurnia Winenda and Michael Kaihatu; Winenda and Kaihatu are noted for their expertise in advising financial and government institutions respectively.

The team at Makes & Partners leverages its corporate, capital markets and regulatory expertise when assisting clients with corporate finance matters. Firm managing partner Yozua Makes is active on banking work, and co-heads the department with Fransisca, a highly regarded practitioner in the finance and M&A arenas.

SSEK Law Firm's workload includes a range of financial matters, including banking M&A, insurance matters and fintech-related mandates. Ira Eddymurthy heads the practice, with established expertise in project finance, insurance law and foreign investment work. Dewi Savitri Reni is a key name for banking M&A and financing work in the natural resources sector, and Winnie Rolindrawan fields experience in fintech matters.

UMBRA – Strategic Legal Solutions has a particularly strong offering in relation to project finance, and regularly advises on mandates involving renewable development projects in the energy sector. Kirana Sastrawijaya brings extensive experience in handling project finance matters within the power, energy, construction, and infrastructure sectors, and co-heads the practice with Putu Raditya Nugraha, who has strength in fintech matters and advising clients in heavily regulated industries on financing work.

Adnan Kelana Haryanto & Hermanto (AKHH)'s department is well known for advising on transactional and regulatory matters, with particular strength in handling work from clients in the energy and natural resources sectors. Andy Kelana and Helena Adnan jointly head up the practice; Erline Herrmann handles finance and M&A issues.

IABF Law Firm (IABF) has a solid track record in assisting state-owned entities with loan facilities work. Ivan Baely heads the practice, in which Almaida Askandar and Robert Hasan are also key practitioners to note.

Roosdiono & Partners (a member firm of the KPMG Law network) acts for banks and financial institutions across Malaysia, China, South Korea, and Indonesia in cross-border financing mandates. Practice head Leoni Silitonga has expertise in project finance, asset-backed securitisations, structured finance matters, and Islamic finance transactions. Sandro Panjaitan is regularly instructed by state-owned companies and government institutions.

The banking and finance practice at William Hendrik & Siregar Djojonegoro (WH&SD) is headed up by Zippora Siregar, who stands out for her expertise in handling corporate finance, structured finance, and project finance matters, and also fields strength in handling financing transactions. Stefy Yully Nataly provides key support.

Soemadipradja & Taher's banking and finance offering includes financial regulatory matters and a range of transactional work. Emalia Achmadi heads up the practice, and has a solid track record in assisting major international banks with complex regulatory and compliance matters in the space.

TnP Law Firm's team has a wide range of experience in the banking and finance space. The department advises Indonesian banks on M&A, financing, debt restructuring, and bilateral and syndicated lending mandates, and the group has seen an increase in work involving syndicated sustainability linked loans. Founding partner Rambun Tjajo and managing partner Melissa Butarbutar jointly head the practice, in which Ken Prasadtyo is a key practitioner.

Walalangi & Partners in association with Nishimura & Asahi advises international clients on all aspects of international banking matters, with notable strength in handling cross-border mandates relating to Japan. Luky Walalangi heads up the practice, and has a solid track record in advising on corporate, finance, and real estate-related transactions. Miriam Andreta and Hans Adiputra Kurniawan are also singled out for their contributions.