Banking & Finance

Banking & Finance

Lending & Borrowing 

Our finance practice distinguishes itself by a balanced experience of acting for both lenders and borrowers, its familiarity with LMA standard documentation and experience in drafting LMA-inspired local documentation. We advise clients on all types of financing: acquisition finance, project finance, commodity finance, working capital finance, and bridge financing. We have a strong track record of advising lenders on cross-border deals involving complex syndicated and parallel lending structures and security sharing arrangements. In the domain of commodity finance, we have experience with both true sale arrangements and secured loan structures. Our multidisciplinary team provides full-service representation in acquisition, development, and financing of greenfield or brownfield projects.

Non-Performing Loans 

We are able to perform quick due diligence of large NPL portfolios and provide commercially meaningful advice to buyers, with the aim to help them obtain a realistic assessment of the marketability of the collaterals involved. We have experience in structuring NPL sales both as true sales and as synthetic arrangements.

Payment Services & E-Money 

We have unmatched expertise and experience in advising foreign payment institutions and e-money issuers on regulatory requirements regarding their cross-border services to Serbian clients and payment services within Serbia.

OTC Derivatives 

We have issued a number of legal opinions on ISDA documentation to foreign and domestic banks and negotiated schedules and other specific documentation for the OTC transactions. We also assist local banks in developing localized versions of master agreements based on ISDA documentation. We are counsel to EFET on EFET General Agreements for electricity and gas for Serbia, Montenegro and Bosnia and Herzegovina.

“A professional team that is dedicated to problem solving.”


“BDK’s ability to handle all complex issues that came up was very strong and in each case a few solutions were provided and advised on.”

“They were always receptive and gave feedback in a very short timeframe. They were also very proactive in explaining the details and shedding light on aspects we hadn’t thought of.”

“The billing was flawless and they strictly kept to the budget.”

“BDK understands how to tackle our questions in an efficient way and has the ability to provide advice quickly. They also have great contacts with the local regulators and a really great understanding of the Serbian regulatory landscape.”


“BDK was proactive, always reachable and very cooperative during the transaction. They have proven to be very thorough guiding me through a cross-border transaction in a jurisdiction I had little experience with.”