At Georgiades & Pelides, the practice has solid expertise in all aspects of banking law. The team is often instructed in secured commercial lending transactions, project financing, corporate financing and matters concerning the enforcement and realisation of securities. Led by Marcos Georgiades, the group has also been kept busy assisting with leasing and hire purchase agreements, in addition to advising on regulatory issues.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They are very sophisticated, efficient and responsive.’

  • ‘They are very business oriented and constructive.'

  • ‘Practical, insightful advice. I wouldn't go anywhere else.’

  • ‘Marios Pelides is an exceptional lawyer and strategic thinker.'

  • 'Dominique Pelides has a dynamic approach and strong intellect.’
  • 'The practice always involves the best partner for every case.'
  • 'Very good professionals and great people. Industry experts.'

Key clients

  • Hellenic Bank Public Company Limited
  • Cyprus Development Bank
  • Palta Ltd
  • Remedica
  • ISX Financial
  • Themis Portfolio Management
  • Standard Chartered Bank
  • European Investment Bank
  • Glencore

Work highlights

  • Advised Hellenic Bank Public Company Limited, the second largest bank in Cyprus, on the sale and subsequent securitisation of a portfolio of EUR1.4bn non-performing exposures and the sale of the bank’s debt servicing platform, APS Debt Servicing Cyprus Limited, to PIMCO.
  • Advised the Cyprus Development Bank (CDB) on the MREL eligibility of certain lending arrangements entered into between CDB and the European Investment Bank, as well as a potential issuance of notes by CDB.
  • Advised Hellenic Bank Public Company Limited on the acquisition from RCB Bank Ltd of a portfolio of performing loans with an aggregate value of EUR 556m, related funds on the accounts of the corresponding borrowers and related off-balance sheet obligations.

Lawyers

Practice head

The lawyer(s) leading their teams.

Marcos Georgiades

Other key lawyers

Marios Pelides, Dominique Pelides