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Harrisons Advises EBRD on EUR 15 Million Loan to Banca Intesa Beograd

Harrisons Advises EBRD on EUR 15 Million Loan to Banca Intesa Beograd

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Harrisons has advised the EBRD on its EUR 15 million loan to Banca Intesa Beograd.

According to Harrisons, the loan is a part of EBRD’s newly launched program Youth in Business in the Western Balkans. "Young entrepreneurs face obstacles in accessing credit lines and expertise to grow their businesses, so this newly launched program aims to address the market gaps by providing a comprehensive package of financial and technical assistance for youth-led micro, small, and medium-sized enterprises," the firm informed.

According to the firm, the advisory support is backed by the governments of Sweden, through the Swedish International Development Cooperation Agency, and Italy, through the Central European Initiative.

Earlier this year, Harrisons also advised the EBRD on a EUR 20 million loan to Banca Intesa Beograd (as reported by CEE Legal Matters on November 3, 2020).

The 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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