A traditional banking market has undergone significant changes caused by rapid development of digital technologies, which has been largely facilitated by the coronavirus pandemic. At the same time, it seems that a blockchain technology has gained great importance in the issuance of syndicated loans. This circumstance is explained by the fact that a syndicated loan agreement, similar to the blockchain technology, traditionally brings together a large number of participants, including, in particular, borrowers, lenders, a loan manager, a mortgage manager. The paper substantiates the advantage of using the blockchain technology in structuring relations related to the provision of a syndicated loan to a borrower. Particular attention is paid to the legal status of a loan manager using blockchain technology to carry out his functions of organizing and administering a syndicated loan agreement. The paper explains the peculiarity of interaction between a credit manager and other parties to the syndicated loan agreement when using blockchain technology. Legislative changes are proposed aimed at providing syndicated lending participants with the opportunity to use blockchain to organize interaction between them.