Bulgaria as an emerging market is an attractive place for foreign investors and banks to establish local operations. More than 80% of the banks operating in the country are foreign-owned and an even greater majority of investors in all sectors are coming from abroad. There are a large amount of energy, infrastructure and construction projects that are being funded by banks and many more such projects are expected in the future.
Whether lending or borrowing money, it is crucial to have banking and finance advisors, who are well familiar with the regulatory regimes, who have a good economic and financial background and solid experience to offer their clients. Our Sofia office banking team is an established and well-recognised practice, with experience on complex projects within the country and across jurisdictions and professionals who can offer business advice aimed at success. Banking and finance head Reneta Petkova is an extremely well-known and respected professional in the Bulgarian market, who has worked in various local and international banking institutions, including as a legal advisor to the Management Board of the Bulgarian National Bank.
Our team constantly works with our CMS offices across Europe and the world to provide first-class service to clients looking to complete deals across jurisdictions. We work on the financing side on major real estate development projects across borders, as well as on the lender’s side of large international financial institutions investing in the region.