Banking law and procedures

International Law Office D. Vladimirov and Partners provides you with all legal services related to financial matters. We work for local and foreign clients regarding bank transaction, negotiations and contracts with banks and other financial authorities in Bulgaria. Our experienced lawyers can review, draft and amend all your legal contracts or clauses and find how to secure your business risks. Banking law affects every citizen, company or other kind of organisation doing business with one or more banks. It works for all types of loans, credit facilities, mortgages, credit cards and payment accounts, liens and transfers. If you plan to negotiate with banks or sign contracts, we recommend you to take advantage of our legal consultation.


Banking Lawyers and Legal Procedures



banking lawyers, Inheritance lawyers, company lawyers Bulgaria

Banking lawyers

Banking lawyers ensure that their clients are legally protected against the risks involved in a financing deal - lenders risk losing their money and borrowers risk problems arising from the obligations they'll have taken on.

They draft or review legal documents needed and make sure all steps required for funding have implemented, particularly that the borrower had fulfilled the conditions to the funds being granted. Banking lawyers also advise their clients on legal issues that could come up in the context of financing arrangements.


The banking law in Bulgaria is strongly connected with the business activity and transactions of many foreign clients and investors in Bulgaria. It also acts with different trans-border operations of our international and local clients. Bulgarian banking law regulates the legal relations between the banks as credit authorities/institutions and the clients. We see that all natural persons, companies and institutions which have businesses in Bulgaria have to cooperate with the local bank from the Bulgarian bank system.

These activities are subject to the regulation by the Bulgarian banking law. Every week we are preparing for our clients legal documents, remittances, credits, pledges, loans, mortgages, etc. All these are directly related to the banking law. The regulations of the transactions in Bulgarian banking sectors have been coordinated by the Supervision division of the Bulgarian National Bank.

The main legal act is the Bulgarian Banking Law Act and several additional provisions concerning credits and financial institution settled in the legal act of Obligations and Contracts Act. The relations of loan & credits securities have been determined also in the Bulgarian Obligations and Contracts Act.

At our international law firm we have lawyers with tremendous experience in the banking area. They will review each of your contracts in order to protect you from signing documents which are beneficial solely for the bank and will also provide assistance with the following:

  • Financial & Banking lawyersLegal presentation and negotiations before any bank & financial authority.
  • Preparation of all types of contracts for collateral and bank credits.
  • Consultations in renegotiating loans.
  • Services during bank transactions, financing of acquisitions, etc.
  • Representation in proceedings and legal protection in trials involving lease companies, banks and non-banking financial institutions.
  • Drafting different contracts for bank negotiations and preparing documents for bank guarantees.
  • Legal advices on issuing different type of credit lines.
  • Preparation & drafting legal documents for asset management contracts and financing project.
  • Legal advices on preparation of documents in Public Private Partnership agreements.
  • Legal analysis of credit termination and cancellation.
  • Legal analysis in cases concerning guarantees and review of joint liability.
  • Examination of different financing models and contracts.
  • Legal advices on commercial & company loans & credits.
  • Legal advices on other financial transactions.
  • Legal assistance in rescheduling and repayment of debts.

Our lawyers in bank & financial legal procedures will also ensure excellent services for non-banking financial institutions. Clients rely on us to take a practical, business-oriented approach to achieving their goals. We, at International Law Office D. Vladimirov & Partners, have got a sophisticated understanding of the expectations and requirements of both sides to a financing transaction, and provide services tailored to each client’s needs.

If you have any questions or need some legal advices, please do not hesitate to call us on + 359 2 858 10 25 or send us an e-mail to

Have a question? Contact us for a legal advice online!