The highly experienced banking and finance team at Antis Triantafyllides & Sons LLC regularly handles secured and unsecured lending, international high-value financing, and refinancing transactions. It is skilled at advising on project financing and other forms of financing, such as syndicated, subordinated and mezzanine financing. The team, under the leadership of Stelios Triantafyllides, regularly advises on share pledges, floating charges, financial collateral, and all forms of security. The firm often advises on compliance matters, as well as on banking regulatory and licensing requirements. In addition, it is recommended for its knowledge of ISDA agreements. The group works in tandem with its litigation department to advise on the enforcement of security, and debt collection matters. Its impressive client list includes international lenders, arrangers and facility agents, as well as borrowers, guarantors and security providers. Marios Hadjigavriel and Christiana Vassiliou Miliou are other noteworthy members of the department.

The ‘highly skilled and responsive’ team at Chrysostomides Advocates & Legal Consultants ‘always provides clear and practical legal advice’. With Chryso Pitsilli-Dekatris at the helm, it regularly advises domestic and foreign banks, investors, financial institutions and electronic money institutions. Other key clients include large companies. It is adept at advising on the full spectrum of issues, including advising on fintech and crypto-assets. A sizeable proportion of its work focuses on secured financing transactions. The firm acts as local counsel to three credit institutions operating in Cyprus. It remains busy advising on syndicated project financings and re-financings. The practice is well placed to handle complex matters with a significant multi-jurisdictional component. Other key members of the practice include Anna Rossides and Pavlos Symeonides. Artemis Amalia Metaxa has a proven track record of advising clients on a variety of high-value secured and syndicated financing transactions.

The highly skilled and large team at Elias Neocleous & Co LLC advises on a broad array of challenging international, and local financial transactions. Managing partner Elias Neocleous and Demetris Roti co-head the department and are both based in Limassol.  Clients include international law firms, leading Cyprus banks, global commercial and investment banks, as well as private equity funds and assets managers. It works with many HNWIs and government bodies too. The department has a wealth of experience in asset recovery work and counts several licensed insolvency practitioners among its ranks. It is well-placed to advise on asset tracing through financial markets worldwide. The firm has a specialised financial services offering and frequently advises on a whole host of regulatory issues. At the Nicosia office, Andrea Kallis Parparinou is highly regarded. Kyriaki Stinga and Michael Pelosi are among the other key members of the department.

Pavlos Aristodemou and Nancy Erotocritou co-head the first-rate banking and finance department at Harneys, which is particularly well-known for its cross-border capabilities. The group often leads on major non-performing loan transactions and receives a regular flow of mandates to advise on the restructuring of large conglomerates and corporates. These clients mostly operate in sectors such as infrastructure, oil and gas, as well as real estate. The firm remains at the forefront of capital markets and securities work and fields an excellent investment funds team in Cyprus. This team works with custodial banks, fund managers and investment advisors, in addition to large institutional blue-chip companies. The practice enjoys a steady flow of referral work from leading international law firms. London-based Aki Corsoni-Husain also garners praise for his work in this space.

Clients of Ioannides Demetriou LLC appreciate its ‘professionalism and attention to detail to ensure that every aspect of a case is thoroughly examined’. The team also receives plaudits for ‘never failing to provide well-reasoned advice and results-driven strategies’. The practice is wide-ranging with experience of advising on many of the most important financings in Cyprus. It acts as lead counsel to major local and international banks on transactions covering buy-outs, compliance matters, and syndicated lending. The team has considerable skill in working on renewable energy projects too. Pambos Ioannides is highly sought after for his deep experience across a range of complex banking deals. Christina Ioannidou leads on many non-contentious banking matters. Katerina Hadjichristofi excels in project financing and corporate financing transactions. Zoe Christou and Savvas Yiordamlis are both highly regarded. Anna Skouri joined the team from Athos Demetriou Associates LLC in July 2024.

The banking and finance team at Patrikios Legal enjoys an excellent reputation for its work across the entire spectrum of local and international loan transactions. It regularly works on loan restructuring and financing projects. Under the leadership of Stavros Pavlou, it handles a range of multi-jurisdictional corporate financing matters for major banking and financial institutions, international law firms, and in-house counsel of large groups of companies. Additionally, the firm maintains a separate banking litigation department which represents banks in banking recovery work. The department also helps with the listing of companies on international stock exchanges. Stella Strati is another prominent member of the practice, along with Angeliki Epaminonda. Lia Iordanou Theodoulou left the firm in early 2025.

The ‘highly professional’ team at A.G Erotocritou LLC handles various large-scale and high-value projects. It frequently works with many international law firms. Other key clients include corporate clients, conglomerates and numerous large tech companies. It is particularly skilled at advising on regulatory matters. Recently, the firm has been busy advising on large restructurings, and other matters spanning securitisations and derivatives. It frequently acts as escrow agent on large transactions and is recommended for its experience in capital markets work. Practice head Alexis Erotocritou is vastly experienced in a wide array of banking and finance transactions. Grigoris Sarlidis has substantial expertise in financial services and products and heads the financial services department at the firm.

The banking and finance practice at Chrysses Demetriades & Co Law Office boasts extensive experience in all types of corporate finance and capital markets work. It continues to be busy advising on a plethora of acquisition financings, as well as debt for asset swaps. Among its recent highlights, it has advised a consortium of banks on the financing arrangements for a major mall in Cyprus, as well as on a significant IPO overseas. It continues to be engaged in high-profile Cypriot restructuring transactions and is increasingly working on matters in the fintech and crypto space. Demosthenes Mavrellis and Chrysses Demetriades are the practice heads. Christos Heracleous and Andreas Lelekis are well-regarded.

STELIOS AMERICANOS & CO LLC fields a ‘great team’ under the joint leadership of Despina Americanou and Stelios Americanos. The department has dealt with a significant volume of high-value and cross-border transactions relating to acquisition and project financing. It has played a key role in advising on the financing aspects of projects spanning real estate, IT,  and energy. In addition, the dynamic team is recommended for its work on a variety of syndicated and bilateral lending deals, as well as refinancings. It is equally adept at advising lenders and borrowers. Additionally, it frequently works with international law firms. Olga Petrova is another name to note.

The ‘responsive and collaborative’ team at AGPLAW | A.G. Paphitis & Co. LLC  makes ‘transactions smooth and efficient,’ say clients. It regularly assists banking and finance industry participants on mergers, acquisitions and corporate restructuring. It is well versed in handling IPOs and other forms of securities offerings. Another core strength lies in handling structured financing, including securitisations, asset-backed securities and collateralised loan obligations. A large proportion of its work has a cross-border dimension. Angelos Paphitis and Michael Alexandrou are at the helm. Lia Iordanou Theodoulou joined from Patrikios Legal in early 2025.

The ‘very responsive’ team at Alexandros Economou LLC works with an impressive list of international clients. It works with major banks and financial institutions and possesses extensive experience in advising both lenders and borrowers. It has acted for clients at all stages of the financing/refinancing process. Head of department Alexandros Economou has a wide and varied practice – he specialises in banking and finance, capital markets, securitisations and private equity transactions. He has particular expertise in shipping finance matters too. Newly promoted partner Maria Katsikidou is also recommended. Electra Theodorou is another primary contact.

The team at Deloitte Legal | Hadjianastassiou, Ioannides LLC  ‘stands out for their deep expertise, innovative thinking, and exceptional commitment to client service’. Spearheaded by Andreas Thoma and Calliopi Nicolaidou, it is adept at acting as leading counsel, or local counsel on multi-jurisdictional financing transactions. It is also sought after by clients in the financial services industry for regulatory advice. In addition, it has consistently advised on loan portfolio transactions, the sale of business transactions, and debt-to-equity deals.

The team at Harris Kyriakides is ‘very responsive and solution driven’. It offers the full spectrum of services, including advising on corporate financing deals and regulatory compliance. It frequently advises on a whole host of lending transactions and contentious banking matters. Other areas of focus include assisting clients on loan restructuring and recovery strategies, as well as on cross-border financings. It is collectively led by Nicolas Kyriakides, Georgina Athanasiou, Phivos Zomenis and Michael Kyriakides.

Maria Papaefstathiou Damianos, who joined the firm in January 2024, now heads the department at Michael Damianos & Co LLC. The team is adept at advising on issues relating to asset financing, debt financing and restructuring, as well as real estate financing, acquisition financing and corporate financing. The majority of its work comes from referrals from international law firms in relation to the Cypriot element of international transactions. It is also handling work regarding tech matters, venture capital, gaming and Islamic financing. Michael Damianos continues to play a pivotal role in the department.

Michalis P. Mouaimis and Andriani Mouaimi co-head the department at Mouaimis & Mouaimis LLC, which often acts as Cyprus counsel on international, bilateral and syndicated financing and project financings. It deftly covers other types of complex financings and corporate reorganisations. Clients include international banks and financial institutions, multinational companies and international groups of investors. It enjoys a regular flow of instructions from international law firms.

Athos Demetriou Associates LLC provides comprehensive advice to multinational and domestic clients on complex assignments, specialising in syndicated and non-syndicated bank financing, as well as lending, restructuring, and reorganisation. Athos Demetriou advises several leading investment firms and funds on various legal, transactional, regulatory, and compliance matters. Former co-head of the department Anna Skouri left the firm in June 2024. Valentina Loizou, who recently joined the firm from an in-house position, is another key contact.

Led by Marcos Georgiades, the banking and finance department at Georgiades & Pelides has a well-rounded team, which covers all aspects of banking law. It advises on secured commercial lending, project and corporate finance, as well as on the enforcement of securities. Additionally, it receives a steady flow of work on hire purchase arrangements and issues relating to the establishment of banks in Cyprus. Marios Pelides is another seasoned practitioner.

The well-established team at KINANIS LLC has considerable expertise in alternative investment funds and in the fintech space. The group regularly advises on the establishment and management of funds and on compliance issues. High-value complex secured financing transactions form the backbone of its banking practice. In addition, it often advises on the payment services regulatory framework. Andri Michael and Andrea Ioakeim co-head the department.

The ‘really knowledgeable and well-resourced team’ at Montanios & Montanios LLC represents a range of leading global financial institutions and routinely works on high-value transactions that often span multiple jurisdictions. It frequently works with major international law firms and domestic banks, particularly on ship and aviation financing matters. The group also advises on high-value property financing transactions in both Cyprus and abroad. Acis Montanios and Adam Montanios are the joint heads of the department.

Dimitria Coucouni-Andreou heads the banking and finance department at Andreas Coucounis & Co LLC, which has a solid reputation for its work on an array of contentious banking matters. It often represents foreign investors in cases brought against FOREX companies in Cyprus. The practice helps local and foreign commercial investment banks, security providers and corporate borrowers on all aspects of their loans and security deals.

At Antoniou McCollum & Co. LLC, Christina McCollum has recently acted in various secured financing transactions covering floating charges, and loans secured by share pledges. Anastasios A. Antoniou advises on banking and finance regulatory matters. Antoniou advises banks and credit-acquiring companies on banking law and regulatory matters relating to non-performing loans, the sale and acquisition of loans, and the structuring of credit facility documentation.

The ‘very hands-on and entrepreneurial’ Karolina Argyridou leads a ‘very reliable and well-prepared team’ at K. Argyridou & Associates LLC. It provides specialised services to banks and other financial institutions on various high-value cross-border financings. Areas of expertise include advising on acquisition financing, securitisations and the sale of non-performing loans. It advises on a range of regulatory matters and often works alongside leading law firms in other jurisdictions. Anastazia Kyriakou is another name to note.

Andria Koukounis is a key contact at KOUKOUNIS, KARAOLIS LLC | LAW FIRM MEMBER OF THE EY GLOBAL NETWORK. Koukounis is an executive director of the regulated financial services, funds and capital markets offering and has a particular focus on project financing, secured lending, NPLs, debt recovery and insolvency proceedings. She frequently advises financial institutions on numerous legal and regulatory issues.

The ‘very smart’ Stelios Pittas, who is ‘always on top of issues’, heads the banking and finance department at Pittas + Koullouros LLC. Pittas has a wealth of experience in managing high-profile and complex cross-border financing transactions. The firm regularly supports on all forms of domestic and international private debt, debt capital markets, derivatives, restructuring and insolvency transactions. It is adept at also advising on banking regulatory and licensing requirements. The firm frequently works with major international law firms.

Spearheaded by Melina Pyrgou, Demetris Vakis and Georgia Papa, the nimble team at PYRGOU VAKIS LAW FIRM covers a wide array of banking and finance matters, such as debt restructurings and project financings. It continues to be busy advising on numerous contentious banking matters. The practice is regularly instructed by local and international companies to advise on various cross-border matters.

Soteris Pittas & Co L.L.C is regularly asked by individuals and companies to advise on financing transactions. It has an excellent reputation for its work on freezing injunctions, receiverships and orders in the context of civil actions. Under the leadership of Soteris Pittas, the group is skilled at making applications for the registration of foreign awards. Recent highlights included the promotion of Kyriakos Pittas to the partnership in January 2024.