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Harrisons Advises EBRD on RSD 2.3 Billion Loan to OTP Bank Serbia

Harrisons Advises EBRD on RSD 2.3 Billion Loan to OTP Bank Serbia

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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.

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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