Karanovic & Partners o.a.d. is consistently mandated by international financial institutions and companies for sizeable regional matters, particularly in relation to real estate, energy and infrastructure projects. The group also comprises experts in syndicated loans, regulatory issues, derivatives transactions, NPL deals and payment services. Senior partner Darko Jovanović is ‘a go-to partner for top-quality projects work’; Maja Jovančević Šetka‘s workload encompasses large-scale financings, regulatory matters, structured finance and distressed deals; and Katarina Gudurić is an expert in project finance, refinancing, securities and derivatives trading. Tijana Arsenijević is another name to note.

Law Office Miroslav Stojanovic, in cooperation with Wolf Theiss‘ seven-strong team acts for sponsors, developers, commercial banks, underwriters, investors, export-credit agencies, governments and purchasers on large-scale project financings. The practice also covers English law advice. The ‘diligent, experienced and knowledgable’ Nataša Lalović-Marić advises international clients on project finance, capital markets issues and financial disputes; the track record of Belgrade managing partner Miroslav Stojanović includes advising multinational bank syndicates on major project financings; Marko Tešanović assists with the financing of infrastructure and real estate; and Katarina Stojaković ‘ensures transactions proceed smoothly’.

Fielding experts in domestic and cross-border financings, Moravcevic Vojnovic and Partners in cooperation with Schoenherr‘s practice covers restructurings, public takeovers, and private acquisitions of equity and assets. The group also handles significant energy, real estate and infrastructure-related project financings, as well as investment grade corporate lending. Derivatives and capital markets are other notable firm strengths. Nikola Babić advises investment and commercial banks on high-end financings, while Matija Vojnović is ‘the legal adviser clients need’. Jovan Barović, Vojimir Kurtić, Petar Vučinić and Marko Kostić are also experienced practitioners.

SOG in cooperation with Kinstellar‘s five-member group is experienced in general banking, acquisition and project finance, debt restructuring and refinancing, and the acquisition of loan portfolios. The team also covers debt and equity capital markets, derivatives, structured finance, securitisation, regulatory issues and financial services. ‘Well known in the banking market’, Petar Kojdić heads the department, which features Miloš Velimirović, an adviser to companies and financial institutions on financial services regulatory issues and project financing; and Mina Srećković, an expert in PPPs, public debt financing, FX regulations and cross-border transactions.

Predominantly focused on project and leveraged finance, BDK Advokati AOD acts for borrowers and lenders on a range of transactions, including bilateral loans and multiparty financings. The team also comprises specialists in sovereign lending, payment services, digital assets, financial derivatives, regulatory issues and clearing and settlement services. The team is jointly led by highly-regarded managing partner Tijana Kojović; and greenfield real estate, energy and infrastructure project expert Dragoljub Cibulić. The department further includes Dragoljub Sretenović, whose practice encompasses significant capital markets transactions, foreign exchange matters, e-money issuances and online payments.

With the ‘ability to handle complex financial transactions with precision’, BOPA Bojanovic & Partners‘ 13-strong banking and finance group specialises in general banking work, finance, financial regulation, syndicated lending, PPPs, derivatives and structured finance. Other key areas are restructuring, distressed transactions, insolvency, loan restructuring and capital markets. The practice is headed by Vladimir Bojanović, who routinely works alongside Magic Circle and Silver Circle law firms, as well as White Shoe legal practices, on their Serbian matters; while Tanja Dugonjic ‘brings a wealth of experience’. Aleksandra Stojanović departed the firm in October 2024.

English legal practice Harrisons Solicitors houses ‘seasoned professionals with extensive experience’. The four-member banking and finance group is routinely mandated by international financial institutions on large-scale financings and refinancings. The team also acts for investment banks on derivatives and capital markets matters in Serbia. Recent highlights include high-value Eurobond and Serbian dinar-denominated bond issuances. An ‘extremely valuable asset for clients’, practice head Ines Matijevic-Papulin acts for major investment banks and corporations on structured finance, debt restructuring, derivatives and credit facilities, as well as acquisition, property, construction, trade and receivables finance.

Specialised in banking and financing law under the legislation of both the Republic of Serbia and Montenegro, Joksovic, Stojanovic & Partners acts for multinational, local and regional companies, along with banks, on subordinated loans and debt restructuring. The team also assists with the issuance of  licenses, regulatory issues, foreign exchange transactions and fintech sector work. The practice is co-led by Milan Joksovic, an adviser on banking matters to multinationals that operate in Serbia; and NPL transaction specialist Petar Stojanovic, who provides ‘clear and concise legal advice that management can easily understand’.

The ‘innovative’ banking and finance practice at JPM & Partners's six-strong team advises on major corporate financial restructurings and reorganisations, as well as project finance mandates. The practice also has a significant presence in the secondary market of NPL trading. Jointly leading the ‘extremely helpful’ team are Jelena Gazivoda, an expert in high-end finance deals who has the ‘ability to find the very best legal solution’; and strategic transaction and regulatory specialist Nenad Popović. Other names to note are competition department head Nikola Poznanovic and tax department leader Nikola Djordjevic.

Regularly involved in large-scale banking and financing transactions, Petrikic & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz‘s seven-member team has significant experience in acquisition, leverage, project, real estate finance, structured, commodity and trade finance. It also covers syndicated and bilateral cross-border lending transactions, debt restructuring and NPL portfolio sales. The department is led by Milica Popović, whose banking and finance law practice includes project finance and capital markets; Ksenija Boreta advises international financial institutions and commercial banks on major transactions; and Jovana Bingulac assists with renewable energy project financings.

The banking and finance practice at Djokic + Partners is experienced in real estate and construction project-related financings, in relation to retail parks, hotels and commercial real estate. The team’s expertise also extends to finance regulation, loan arrangements, and banking consultancy and dispute resolution. Group head and project finance specialist Djordje Djokic is ‘an outstanding lawyer who pays remarkable attention to detail’, while Lazar Šofranac‘s practice includes banking and disputes.

Doklestic Repic & Gajin's banking and finance department routinely leverages the expertise of the firm’s commercial, corporate, M&A, competition, real estate and dispute resolution practices. The team’s sector expertise encompasses Microfinance, banking, automotive, construction and real estate, along with mining, healthcare, transportation, agriculture and oil and gas. Heading up the group, Slobodan Doklestic has ‘unparalleled expertise in banking and finance law’. Dejan Peric and Jovana Spasojevic Gligorijevic provide key support.

Acting for banks and fund management and investment firms on both lender and borrower matters, Drašković Popović & Partners has significant aviation industry expertise. The 10-strong banking and finance department is jointly led at senior partner level by Uroš Popović, who is qualified in both Serbia and the US; and Vuk Drašković, whose practice covers finance aspects in addition to M&A transactions. The group further includes Milica Pešterić and Stefan Golubović.

The banking and finance expertise at MVJ marković vukotić jovković encompasses structured, project, leveraged and asset finance. The firm also fields experts in structuring securitisation transactions, syndicated and consortium lending, debt instruments, and regulatory and compliance work. Senior partner and practice head Marko Jovković ‘understands the most complex cross-border transactions, including debt and equity financing’; and Stefan Jovičić focuses on leverage, asset and project finance, as well as syndicated lending.

The eight-member team at Prica & Partners is experienced in general lending, and acquisition, asset and structured finance. The practice also covers equity investments, NPL portfolio acquisitions, project financing, assessing loan and debt structures, drafting loan documentation, the establishment of collaterals and the negotiation of loan agreements. Managing partner Mihajlo Prica heads the banking and finance department from Belgrade, and includes banking and finance, insurance and financial services specialist Tijana Lalić.

Stankovic & Partners (NSTLAW)'s banking and finance team routinely advises on cross-border financings involving global corporations and banks. Project finance, as well as restructuring and insolvency issues, are also notable strengths. The practice is led by Nenad Stankovic, whose track record includes high-profile transactions in Serbia and Montenegro. Other key figures are corporate and commercial head Andjelka Radovanović and disputes specialist Sara Pendjer, along with Luka Marosiuk, and Mitar Simonovic.