Rafael Bazán



Banking & Finance


Languages: English and Spanish

Assistant: Alicia Gayubas


  • University of Navarra (Business Development Programme, IESE) (2006)
  • Instituto de Empresa (Diploma Business Studies) (1995)
  • Universidad Complutense de Madrid (Law Degree) (1993)

Rafael Bazán, partner of the Banking & Finance department of Araoz & Rueda since 2017, joined our firm after four years as a partner in the Banking & Finance department of Baker & McKenzie Madrid (2013-2017).  

Before joining Baker & McKenzie, he worked twelve years in the Banking & Finance departments of Alonso Ureba, Bauzá y Asociados and Ramón y Cajal Abogados (the last nine years as a partner). Prior to this, he spent six years working as legal counsel at HSBC Bank plc. (Spain) and Citibank, and was non-director vice-secretary for Iberpay (Sociedad Española de Sistemas de Pago, SA), the managing entity for the National Electronic Clearing System.

Rafael has extensive experience in all kinds of national and cross-border transactions involving corporate finance, acquisition finance, asset finance and restructuring of companies in crisis, advising both banks and affected companies in all sectors, with a special focus on the real estate, financial and industrial sectors. In the last five years he has advised both selling banks and investors in transactions involving the acquisition of many of the most significant non-performing loan and asset portfolios in the market. He also has extensive experience in regulatory issues involving supervisory authorities.

Recommended Individual” in Banking & Finance in legal directories such as Chambers & Partners and Legal 500, he is ranked in Tier 2 as a recommended expert in the last edition of Chambers Europe 2017.

Teaching experience

Lecturer in banking and finance law at different institutions and universities, such as the University of Alcalá de Henares, Instituto de Empresa, Escuela de Finanzas Aplicadas and Universidad Rey Juan Carlos.

Rafael Bazán of Araoz & Rueda has experience of high-profile loan portfolio transactions for key Spanish banking entities including the FROB, Catalunya Banc and Bankia. He also has broader expertise in refinancing, acquisition and asset finance. Clients say: "He is clearly business-oriented and client-focused," adding: "He is very precise and can advise on a wide scope of financial matters."

Chambers Europe Guide 2017 - Banking/Finance

Araoz & Rueda is recommended in Banking & Finance. The firm advised a borrower in connection with a €200 million loan facility granted to a photo voltaic energy production plant to allow it to undergo refinancing procedures. The team also acted for wine producers in the financing of a new premises.

IFLR 1000 2017- Banking/Finance

Araoz & Rueda acts for a variety of corporate and financial clients, including BNP Paribas and LM Group.

The EMEA Legal 500 2017 - Banking/Finance

La nueva ola inmobiliaria: activos bancarios y sectores alternativos

Iberian Lawyer Magazine, May 2018 (Rafael Bazán)

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Iberian Lawyer Magazine, April 2018 (Rafael Bazán)

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