BDK Advokati advises EXPOBANK

BDK Advokati advised EXPOBANK CZ A.S. on the acquisition of 100% of shares in Marfin Bank A.D. BEOGRAD from CYPRUS POPULAR BANK PUBLIC CO LTD.

The Sale and Purchase Agreement (SPA) was signed on 30 September 2016 and the closing occurred on 28 February 2017, following the carve-out of NPLs from the portfolio of Marfin Bank A.D. BEOGRAD and completion of squeeze out and delisting of the bank from the Belgrade Stock Exchange. BDK Advokati also advised EXPOBANK on regulatory approvals issued by the National Bank of Serbia (NBS) and the Serbian Commission for Protection of Competition. Managing partner Tijana Kojović and associate Dragoljub Sretenović provided advice on NPL carve-out and competition clearance, while senior partner Vladimir Dašić and senior associate Marija Doci, assisted EXPOBANK in the process of obtaining regulatory approval from NBS and closing of the SPA.