Our specialist lawyers of the Banking and Finance team in the Budapest office have been involved in many major finance transactions in Hungary and the CEE region, including bank privatisations and acquisitions, financing of power generation projects, oil storage projects, a large number of real estate projects and various other corporate financings.

The CMS Budapest Banking and Finance team also has extensive experience regarding banking regulatory work, establishing financial institutions, and has in depth knowledge of securities and restructurings. The team understands the perspectives of all parties involved in a transaction and uses their experience to defend the interests of their clients at all times.

The team is a market leader in the banking and finance sector, has the critical mass needed to conduct the largest transactions, has a client base that includes many foreign investors, so it is geared to meeting the standards international organisations require, and has the reputation of being 'extremely commercial'.

Headed by Partner Erika Papp, the practice is ranked as Tier one in all independent legal directories for years. 'Erika Papp is "synonymous with the firm," say peers. She focuses solely on banking and finance and is commended by clients and fellow professionals as an "excellent lawyer and efficient negotiator".'