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Harrisons Advises EBRD on EUR 25 Million Loan to OTP Bank Serbia

Harrisons Advises EBRD on EUR 25 Million Loan to OTP Bank Serbia

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Harrisons has advised the EBRD on a EUR 25 million loan to OTP Bank Serbia for on-lending to small and medium-sized enterprises.

According to Harrisons, “the proceeds of the loan will be used to contribute expansion of lending to private businesses through working capital lines and investment loans to small and medium-sized enterprises, including enterprises operating in economically less-developed regions of the country. Furthermore, the transaction supports OTP’s growth strategy and diversification of its funding sources.”

In December 2021, Harrisons advised the EBRD on a RSD 2.3 billion loan to OTP Bank Serbia, to be used for the same purposes. 

Harrisons’ team was led by Principal Mark Harrison and Consultant Ines Matijevic-Papulin and included 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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