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Dentons Advises BNP Paribas Group on Sale of Serbian Subsidiary to Direktna Banka

Dentons Advises BNP Paribas Group on Sale of Serbian Subsidiary to Direktna Banka

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Dentons has advised the BNP Paribas Group in connection with the sale of its Serbian bank subsidiary, Findomestic Banka a.d., to Serbian bank Direktna Banka A.D. Kragujevac. Zdravkovic & Partneri reportedly advised Direktna Banka on the deal. The deal was signed on November 18, 2016 and closed on January 31, 2017, The purchase price was not disclosed.

Findomestic Banka Serbia has been operating in Serbia since 2006. It is a universal bank operating on two main business lines (corporate banking and retail banking) which includes a personal finance segment. 

The Dentons team consisted of Partners Rob Irving and Chris Watkinson and Associate Balazs Varszeghi.

Zdravkovic & Partneri did not reply to our inquiry on the matter. 

Image Source: findomestic.rs

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