Živković Samardžić Advises Jubanka AD on Loan Portfolio Transaction

by ZS Law

Živković Samardžić, one of the Serbia’s leading full-service independent law firms, has advised JUBANKA AD BEOGRAD (formerly known as Alpha Bank Srbija AD), on a performing loan receivables portfolio sale to SOCIETE GENERALE BANKA SRBIJA AD. The transaction is one of the biggest in the market in last few years and follows the acquisition of Alpha Bank Srbija A.D. by one of the leading commercial banks in Serbia, AIK Banka AD, earlier this year. Živković Samardžić advised AIK Banka on that acquisition, as well.

The Živković Samardžić team which advised on the transaction was led by Partner Branislav Živković and included Partner Uroš Đorđević and Senior Associate Sava Pavlović.

“We had a busy year in 2017 and besides advising on this performing loan receivables portfolio sale and the earlier acquisition of Alpha Bank Srbija A.D. by AIK Banka AD, we have also advisedVojvođanska banka, in their capacity of both one of the key lenders and the agent for the group of other lenders on the Hilton Hotel Belgrade project financing. I would like to thank everyone at our Corporate and M&A and Financial Services departments for their dedication and contribution to our success and growth,“ said Živković Samardžić Managing Partner Branislav Živković.

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