Harrisons has advised the EBRD on a RSD 2.3 billion loan to OTP Bank Serbia Novi Sad.
According to Harrisons, the loan will be used for "on-lending to small and medium-sized businesses in Serbia, for working capital lines and investment loans, in particular to those operating in economically less-developed areas of the country."
"The proceeds of the loan will further support Serbia’s economy in the post-pandemic recovery and increase small and medium-sized businesses' access to local-currency loans in Serbia," the firm informed.
The Harrisons team included Principal Mark Harrison, Consultant Ines Matijevic-Papulin, and Associate Mina Markovic.
