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Banking & Finance

Due to recent economic developments and reforms in South East Europe, the region has experienced accelerated economic growth, new investments and growing lending rates. Indicators show significant improvements in asset quality and liquidity, which has given way to growth in the banking sector, while economic policy and reforms stimulate investor confidence with improved banking sector regulation and supervision. Although regional banks are generally liquid, well-capitalized and profitable, non-performing loans (NPLs) remain high and constrain bank lending capabilities. The banking sector also remains challenged by the legacy effects of the global financial crisis, however the continuous efforts of national governments to improve the business climate by harmonizing national legislation with the relevant EU regulations has significantly attracted both foreign and local capital investments. In addition, recent M&A activity in commercial banking, insurance, investment banking and asset management has made it clear that financial sector consolidation in the region is underway, with several notable deals taking place over the past several years, which has resulted in certain advantages such as risk diversification, the capacity to finance larger scale projects, stimulated financial activity and increased attention being given to policy development. This has further supported the growth potential of the regional economy by increasing banks earning capacity, their ability to effectively compete in relatively saturated markets and their capacity to fund large credit demands.

Areas of Service

SELA advises strategic investors, investment funds, banks, institutional investors and corporates on the full array of financial transactions. SELA’s member firms can guide your business through the local market idiosyncrasies and the intricacies of the regional banking and finance market and offers legal services in the areas of Banking M&A’s, capital markets, financial regulation, financial instruments, general lending, infrastructure finance, project finance, public-private partnerships (PPP), NPL portfolio services and restructuring and distressed transactions.


  • Žurić i Partneri: "They really understand our business, not just from a legal perspective." – Chambers Europe 2018, Banking & Finance
  • Žurić i Partneri: "Sources note the 'top-notch quality services' offered by the team and highlight them as 'extremely approachable and pleasant to be around'." – Chambers Europe 2017, Banking & Finance
  • Dimitrov, Petrov & Co.: "Clients highlight the firm's 'thorough regulatory knowledge and excellent understanding of our strategic objectives', 'what we like best is their responsiveness - they are always available'. – Chambers Europe 2017, Restructuring / Insolvency
  • "Dimitrov, Petrov & Co.'s team is 'exceptionally productive and precise'." – Legal 500 2017 – Banking and Finance
  • Žurić i Partneri: "These lawyers are reliable and accurate, and have a pro-business perspective." – Chambers Europe 2016, Banking & Finance
  • “Since its establishment in 1993, Žuric i Partneri has had ‘a strong focus on banking and finance’” – Legal 500 2016 – Banking, Finance and Capital Markets

Featured news

Celebrating 15 years of continuity with a new name

Maturity takes time, courage and perseverance guided by sincere dedication, clear goals, and hard work. After 15 years of practice, we at Bojović & Partners proudly announce our new, reinforced structure and brand refreshment now expressed...

Q3- 2018 Market Snippets is Available!

The Q3-2018 edition of Market Snippets is now available online.

Find out what's new in Aviation Finance & Leasing 2018 in Kirm Perpar's article in Getting the Deal Through Slovenia chapter

SELA's Slovenian Member, Kirm Peprar contributes to the latest Getting the Deal Through - Aviation Finance & Leasing 2018 publication.

Bojović & Partners - Growing in Quality and Quantity

Bojović & Partners is proud to announce the promotion of Mario Kijanović and Stefan Golubović to Senior Associate positions.

World Bank has launched in Zagreb ''Doing Business in EU 2018: Croatia, Czech Republic, Portugal and Slovakia''

In cooperation with the Agency for Investments and Competitiveness and the European Commission and Ministry of Economy, Entrepreneurship and Crafts, the World Bank has launched its "Doing Business in EU 2018."

Ivan Gazdić held the training to the Society of Appraisers of Serbia

Partner Ivan Gazdić held the training “Legal Due Diligence” and “Project Finance – legal and financial aspects” as part of continuing professional education organized by the Society of Appraisers of Serbia, on 18 June at the Hilton hotel in...

Regional Legal News Q2-2018

The SELA regional newsletter features an overview of the most important regional legislative developments recently announced in the jurisdictions of SELA coverage. Many of the changes recently implemented impact the regions ability to attract...

CEE Legal Matters Interview with Matej Perpar of Kirm & Perpar

“We are experiencing quite high economic growth in Slovenia,” reports Matej Perpar, Partner at Kirm & Perpar in Slovenia, "which for the time being has boosted foreign investments and resulted in a couple of sizable transactions.”

Vuk Drašković at the 4th IBA Global Entrepreneurship Conference

Partner Vuk Drašković attended the 4th IBA Entrepreneurship Conference: Disruption Meets Tradition, held in Munich 14-15 May 2018.

The Legal 500 Recognizes Apostolska & Partners Among Top Macedonian Law Firms

The Legal 500 awarded top rankings and recommendation to Apostolska & Partners.

Serbia: a Package of Financial Laws has been Adopted

On 19 April 2018, the National Assembly of the Republic of Serbia adopted amendments of several financial laws. Below are some of the most important novelties introduced in this manner.

Dimitrov, Petrov & Co. Earns Recertification in Meritas, A Global Alliance of Independent Law Firms

For yet another year Dimitrov, Petrov & Co. Law Firm excels and earns recertification in Meritas – a global alliance of independent law firms.

Bojović & Partners maintains its rank as a leading firm in the Legal 500 2018 report

he recently released report for 2018 by one of the most reputable legal guides worldwide – the Legal 500 – reaffirms our ranking among the top law firms on the market.

Dimitrov, Petrov & Co. – A Leader in One of the Most Prestigious Legal Guides Worldwide

One of the most reputable legal guides worldwide – The Legal 500 – launched its 2018 rankings.

SELA is Pleased to Welcome its Newest Member – Hoxha, Memi & Hoxha

SELA has enhanced its value proposition to clients with coverage of Albania. SELA officially welcomed the leading Albanian law firm, Hoxha, Memi & Hoxha (HM&H). into its ranks on 1 April 2018.

Regional Legal News Q1-2018

The SELA regional newsletter features an overview of the most important regional legislative developments recently announced in the jurisdictions of SELA coverage. Many of the changes recently implemented impact the regions ability to attract...

Apostolska & Partners promotes Svetlana Trendova and Ivana Kostovska to partners

Apostolska & Partners is proud to announce the promotion of two of our outstanding senior associates to partners, effective 09th of February 2018. Svetlana Trendova and Ivana Kostovska are the new partners in the firm. They have demonstrated...

Vuk Drašković of Bojović & Partners at the Kopaonik Business Forum 2018

Partner Vuk Drašković attended the 25th jubilee Kopaonik business forum.

Bojović & Partners shortlisted for CEE Legal Matters 2018 Deal Of The Year Award

B&P’s deal ‘National Bank of Greece Sale of Vojvodjanska Banka to OTP’ has been nominated for the Deal Of The Year Award for Serbia.

Bulgarian Competition Watchdog to Launch a Sector Inquiry into the Banking Sector

With a decision of March 1, 2018 the Bulgarian competition authority has launched a sector inquiry into the market of banking services provided by the members of the Association of Banks in Bulgaria. The last analysis of the banking market by...

New Class Actions Act In Slovenia Brings Some Novelties

At the end of April 2018, a new Class Actions Act will enter into force, systematically regulating class actions, that are already known in Slovenian legal system, however never fully brought to life. 

Zoya Todorova Joined the European Regional Forum of the International Bar Association as a Council Member for Bulgaria

Zoya Todorova, partner and head of the Corporate Law, M&A and Competition Law Practice Groups at Dimitrov, Petrov & Co. Law Firm, recently achieved yet another recognition through an invitation to join the European Regional Forum (ERF) of the...

Žurić i Partneri Ranked Tier 1 by IFLR1000 for Practice Areas Financial & Corporate and Project Development

We are proud to announce that Žurić i Partneri has maintained its Tier 1 ranking in the 2018 IFLR1000 edition for the practice areas Financial & Corporate and Project Development.

SELA is Pleased to Welcome New Member – Dimitrov, Petrov & Co.

Sofia, Bulgaria, 12 September, 2017 – SELA has enhanced its value proposition to clients with coverage of Bulgaria. SELA officially welcomed the leading Bulgarian law firm, Dimitrov, Petrov & Co. into its ranks on 12 September 2017.

Newly Introduced Amendments to the Croatian Enforcement Act

On 3 August 2017, the Act on Amendments and Supplements to the Enforcement Act (Official Gazette 73/2017) entered into force. These are the first significant amendments to the Enforcement Act after those which came into force in 2014. These...

Dimitrijević & Partners Advises Altima UK Value Investments Limited

Dimitrijević & Partners advised Altima UK Value Investments Limited (AUKVIL), on the restructuring of its indirect shareholding interest in Banjalučka pivara ad Banjaluka (together the “Group”).

Legal Survey: Brexit and the investment boom

Ivan Gazdić of Bojović & Partners comments on the investment prospects in Serbia for the Commercial Development and Investment Journal.

Bojović & Partners advises NBG Group on the sale of Vojvođanska Banka

Bojović & Partners has acted as local counsel to National Bank of Greece, in its sale of Vojvođanska Banka a.d., NBG Leasing d.o.o., and a portfolio of Serbian-risk corporate loans, to OTP Banka Srbija A.D. Novi Sad.

Ratko Žurić, the founding partner of Žurić i Partneri, was awarded a special lifetime achievement “Market Maker” award

Ratko Žurić, the founding partner of Žurić i Partneri, was awarded a special lifetime achievement “Market Maker” award. Ratko was identified by his peers as a market leading attorney who had significant personal influence on the development...

The South East Legal Alliance – SELA Joins Nextlaw Global Referral Network

SELA Members Expand their Global Reach

The Buzz in Croatia - Interview with Dusko Zuric of Zuric i Partneri

CEE Legal Matters interviews Duško Žurić of Žurić i Partneri - a member of SELA - South East Legal Alliance

Commission Approves EU Financing of the Pelješac Bridge in Croatia

The EU Commission is allocating €357 million of Cohesion Policy funds to build a bridge that will connect the southernmost part of the country and Dubrovnik to the rest of mainland Croatia.

Kirm Perpar Joins Nextlaw Global Referral Network

30 MAY 2017 – KIRM PERPAR today announced it has joined Nextlaw Global Referral Network, enabling it to connect its clients to high quality lawyers around the world. Nextlaw Global Referral Network is the largest legal referral network in...

Bojovic & Partner's Uroš Popović spoke at the St. Petersburg International Insolvency Forum

Bojovic & Partners's Partner, Uroš Popović attended the first International Insolvency Forum, held on 17-19 May 2017, organized within the VII St. Petersburg International Legal Forum.

Vedran Kopilović and Andrej Skljarov join the Žurić i Partneri team of attorneys

It is a pleasure to announce that our colleagues Vedran Kopilović and Andrej Skljarov have joined Žurić and Partneri team of attorneys after being admitted to the Croatian Bar Association.

Agrokor Group Emergency Administration - Key Facts and Consequences

Following the enactment of the Act on Emergency Administration in Companies of Systemic Importance for the Republic of Croatia (hereinafter: the Act), one of Croatia’s largest group of companies, Agrokor Group, has been put under emergency...

Žurić i Partneri – the only Croatian law firm to be ranked Tier 1 in six practice areas by Legal 500

Legal 500, the most influential and relevant international legal directory providing worldwide coverage of recommended law firms and attorneys, published the results of its comprehensive research on 12 April 2017.

SELA Sponsors Smith Novak NPL Europe Conference

The South East Legal Alliance – SELA participated as a sponsor of the Smith Novak NPL Europe conference. The conference, which was held in London on March 9-10, 2017, took a look at the trends and developments in the European NPL market by...

SELA - the South East Legal Alliance Expands to Slovenia

Kirm Perpar has officially joined SELA covering legal services in Slovenia

Expert article of the attorney-at-law from Žurić i Partneri published in the Croatian Law Review

We are pleased to inform you that the article of our attorney-at-law Maja Komljenović was published in the renowned professional journal Croatian Law Review (No. 12/2016). The article was published under the title "Pre-bankruptcy reason of...

9th Balkan Energy Finance Forum, Belgrade 2016

Ivan Gazdic of Bojovic and Partners moderates a panel at the 9th Balkan Energy Finance Forum

SEE NPL Forum, Belgrade 2016

The South East Legal Alliance (SELA) Sponsors the 2016 SEE NPL Forum

Žurić i Partneri - Speakers at the "2016 SEE NPL Forum“

The SEE NPL Forum held on October 14, 2016 in Belgrade is the first conference in the region of Southeast Europe, during which the leading international NPL (non-performing loans) experts, from bankers, auditors, public officials, lawyers and...

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