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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

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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