EXPERTISE
Financial Institutions

Insurance market in Ukraine: New regulation and what to expect

January 2022 – In line with the best international and European practices, the National Bank of Ukraine initiated a new Law on Insurance, which was adopted and took effect in late 2021.

Kinstellar advises KBC Bank on the EUR 1 billion acquisition of Raiffeisenbank Bulgaria

November 2021 – Kinstellar Sofia has acted as lead counsel to KBC Bank NV on an agreement to acquire 100% of the shares of Raiffeisenbank (Bulgaria) EAD, comprising the Bulgarian banking operations of Raiffeisen Bank International, for EUR 1,015 million....

Kinstellar advises Komercijalna Banka a.d., Beograd on the sale of Komercijalna Banka a.d., Banja Luka

November 2021 – Kinstellar is delighted to announce that on 27 October 2021, our client, Komercijalna Banka a.d., Beograd (“KB”), and Banka Poštanska Štedionica a.d., Beograd (“BPŠ’’) executed a Sale and Purchase Agreement for the sale...

Kinstellar strengthens its team in Uzbekistan with the appointment of Sherzod Yunusov as Partner

October 2021 – Kinstellar is delighted to announce that Sherzod Yunusov has joined the firm’s Tashkent office as Partner. His joining the firm bolsters our team’s capabilities in Uzbekistan and particularly our expertise in the energy and infrastructure...

Kinstellar advises Raiffeisen Bank International AG on the first derivatives transaction under 2002 ISDA master documentation in Ukraine

August 2021 – Kinstellar’s Kyiv office has acted as legal advisor to Vienna-based Raiffeisen Bank International AG on the enforceability under Ukrainian law of netting derivative transactions with VF Ukraine PRJSC (Vodafone Ukraine) documented under...

Kinstellar Sofia advises KBC Group on the successful closing of the acquisition of NN Bulgaria  

July 2021 – Kinstellar has advised KBC Group and its Bulgarian subsidiary DZI – Life Insurance throughout the successful completion of the EUR 77.7 million acquisition announced in February 2021. Having received the necessary regulatory approvals...

Kinstellar advises EBRD on its largest loan to date in Ukraine’s TMT sector – a USD 65 million credit facility for Datagroup to finance the acquisition of Volia

June 2021 – Kinstellar’s Kyiv office has acted as Ukrainian legal counsel to the European Bank for Reconstruction and Development in connection with a local currency loan equivalent to USD 65 million to Datagroup, a leading national fibre infrastructure...

Kinstellar advises fintech CAPEX.com in a successful, USD 21 million new funding round led by Growth Box and Moore & Moore Investments

June 2021 – Kinstellar has successfully advised CAPEX.com, a fintech start-up founded by Romanian entrepreneur Octavian Pătraşcu, in connection with its raising of USD 21 million in a new funding round led by venture capital firms Growth Box and...

Kinstellar advises Raiffeisen Group on acquisition of Proton Therapy Center Czech

May 2021 – Kinstellar has successfully advised Raiffeisen Group on its financing and acquisition of Proton Therapy Center Czech. The center was bought from Immorent (Erste Group) by Raiffeisen Leasing and continues to be operated by Proton Therapy...

Counsel Tomáš Melišek is appointed new head of our Slovak Banking & Finance practice

April 2021 – Kinstellar’s Bratislava office ushered in 2021 with several key staff changes. Among the most significant of these is the promotion of our colleague Tomáš Melišek to Counsel. We are also pleased to announce that Tomáš has been appointed...