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JPM Advises VTB Bank on Sale of Business in Serbia

JPM Advises VTB Bank on Sale of Business in Serbia

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Jankovic Popovic Mitic has advised VTB Bank on the sale of 100% of its stake in VTB Banka a.d. Beograd to AZRS Invest doo Beograd.

VTB has been operating in the Serbian market since 2008 and owns two branch offices, in Belgrade and Novi Sad.

The JPM team included Senior Partner Nenad Popovic, Partner Nikola Poznanovic, and Senior Associate Bojana Javoric.

JPM did not reply to our inquires about the deal.

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