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AP Legal and PwC Legal Advise on Eos Matrix's NPL Portfolio Acquisition from Deposit Insurance Agency of Serbia

AP Legal and PwC Legal Advise on Eos Matrix's NPL Portfolio Acquisition from Deposit Insurance Agency of Serbia

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AP Legal has advised EOS Matrix on its acquisition via tender of the non-performing loan portfolios of Agrobanka Beograd, Nova Agrobanka Beograd, Privredna Banka Beograd, Razvojna Banka Vojvodine Novi Sad, and Univerzal Banka Beograd from the Deposit Insurance Agency of Serbia, acting in its capacity as the bankruptcy administrator for the banks. PwC Legal advised the Deposit Insurance Agency of Serbia.

This is the first tender sale of an NPL portfolio by the Deposit Insurance Agency on the Serbian market. The nominal value of the portfolio is around EUR 242,000,000. Financial details of the transaction were not disclosed.

EOS Matrix is a company that deals in international receivables management, including fiduciary collection, debt purchase, and business process outsourcing.

The AP Legal team included Counsels Aleskandar Preradovic and Aleksandra Jovic and Senior Associate Dusan Preradovic. 

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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