Harrisons has advised the EBRD on a EUR 25 million loan to OTP Bank Serbia for on-lending to small and medium-sized enterprises.
According to Harrisons, “the proceeds of the loan will be used to contribute expansion of lending to private businesses through working capital lines and investment loans to small and medium-sized enterprises, including enterprises operating in economically less-developed regions of the country. Furthermore, the transaction supports OTP’s growth strategy and diversification of its funding sources.”
In December 2021, Harrisons advised the EBRD on a RSD 2.3 billion loan to OTP Bank Serbia, to be used for the same purposes.
Harrisons’ team was led by Principal Mark Harrison and Consultant Ines Matijevic-Papulin and included Associate Mina Markovic.
