The Serbian financial sector is undergoing significant changes, with recent and upcoming legislative reforms set to reshape its landscape. The Payment Services Law, adopted on July 31, 2024, introduces key regulatory updates aimed at modernizing payment systems and aligning them with European standards. Additionally, amendments to the Banking Law and the new Financial Consumer Protection Law are expected to be adopted soon, further strengthening the regulatory framework. Together, these changes are expected to have a profound impact on market participants, from traditional banks to fintech companies, as well as consumers, who stand to benefit from enhanced protections and greater transparency.

Schoenherr has advised Electrum Concreo on up to PLN 400 million financing via bilateral multi-product lines and a refinancing facility from PKO Bank Polski, mBank, Bank Gospodarstwa Krajowego, Credit Agricole Bank Polska, and Santander Bank Polska. Clyde & Co advised the banks.

Harrisons has advised the EBRD on a EUR 5 million loan to NLB Komercijalna Banka under the SME Go Green program.

Former Dogan Holding Chief Legal Counsel Ebru Ersoy has become the new Chief Legal Counsel at Nurol Bank.

Koutalidis has advised Alpha Bank on the financing of a EUR 806 million secured bond loan issued by Athens International Airport.

Linklaters has advised Tauron Polska Energia on obtaining financing through two credit agreements with a total value of PLN 2.9 billion with BGK, PKO Bank Polski, and ICBC. Taylor Wessing advised PKO Bank Polski and ICBC. Deloitte Legal reportedly advised BGK.