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.

“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.”


“‘The team at BDK Advokati provides understandable and pragmatic advice.’”

“‘The lawyers are helpful, timely and to the point. The team understands the overall context of the deal and is able to provide advice that is tailored to that.’”


‘The team is very responsive and highly skilled, and the analysis provided is always pragmatic and understandable.’
‘Very broad and complex expertise from highly experienced lawyers.’


“BDK Advokati is a regional firm often mandated by magic circle firms to act as local counsel on large multi-jurisdictional transactions. The firm has acted for private equity firms, large multinational corporations and investment banks on some of the country’s largest acquisitions and financings. Although the firm has strength across the board, its lender-side financing works stands out most.

‘Very responsive; impressive knowledge of the market and expertise on the legal issues.’ – Banking

‘Very strong, professional team players, proactive approach and supportive.’ – Capital markets: structured finance

‘BDK is devoted, dedicated, highly efficient and punctual. They are very committed and available, providing the highest quality services.’ – Project finance”


“The Montenegro office of regional firm BDK Advokati benefits from the support of its network. Active across the board the firm is notable for advising the government on its M&A and project development activity in the power sector. The firm also has project development expertise and has worked for the state and private investors on notable projects in energy and infrastructure sectors.

Recently the firm has advised on the local aspects of large regional acquisition and financing transactions, including several private equity deals.

‘Highly professional and practical legal experts, with a special focus on how to achieve business goals while ensuring regulatory compliance. Out-of-the-box legal mind set with an aim to provide tailored legal solutions.’ – Banking