Banking and Finance

A.G. Erotocritou LLC has consistently maintained an impressive track record in dealing with high-profile transactional, regulatory and dispute resolution issues and is systematically geared to offering specialist banking and finance legal advice to a dedicated client base which embraces multinational organisations, institutional investors, commercial, retail and investment banks and high net-worth individuals. 

Our firm's banking and finance department has become highly reputable, having been ranked consistently by well-known directories such as Chambers and Partners, Legal 500, LexologyLegal (WWL), IFLR and BestLawyers, who have received excellent client feedback on the performance of this department, with clients recognising that A.G. Erotocritou "are very motivated and know well the Cyprus law industry and have good experience"  and "very responsive to communications which leads to effective and efficient communication for the fulfilment of many of projects". 

Our firm’s capability in this domain, which spans across a varied and extensive practice-area, covers the following: 

• Acquisition and asset finance 
• Finance leasing and financial litigation 
• General banking and finance for corporate lending (both bilateral and syndicated), refinancing, subordination, guarantees, indemnities and performance bonds 
• International trade finance (letters of credit and other negotiable instruments) 
• Security enforcement and distressed debt 
• Preparation and registration of security documents as well as advice on complex securities issues in relation to, inter alia, share pledges, floating charges, financial collateral and mortgages as well as on other types of securities 
• Ship finance 
• Project finance 
• Regulatory requirements 
• ISDA agreements and related products 
• Syndicated, subordinated and mezzanine financing 
• Trade and property finance 
• Note issuance 
• Derivatives 

In addition, our litigation team has also represented various prominent local and overseas clients in litigation relating to various banking and other disputes of financial nature. 

 Recent examples of work handled includes: 

• Advised in the takeover of Hellenic Bank (2^nd largest bank in Cyprus in 2025) by Eurobank Ltd.  
• Advised on high‑value cross‑border financing transactions involving layered security packages whereby our work included drafting and reviewing finance documents, issuing capacity opinions, and overseeing perfection of security. Transactions often involved multi‑jurisdictional collateral and refinancing structures and in value. Individual transactions exceeded $600million in value. 
• Advised a major bank on a large‑scale financing secured by guarantees, share pledges, and debentures across multiple group entities. We coordinated foreign counsel and addressed complex issues concerning control and perfection of security over bank accounts. The transaction involved assets in several EU jurisdictions and the value exceed $420 million. 
• Acted for the lenders’ on the refinancing of a $550 million secured facility to one of the largest agricultural companies of Eastern Europe.
• Acting on a regular basis for large scaled financing and refinancing transactions involving leading global bank institutions such Goldman Sachs, Unicredit, UBS, JP Morgan, Barclays, etc. 
• Instructed by a leading international firm in order to act as escrow agents in respect of the sale of the shares of a Cyprus entity, part of a multination group with substantial assets in excess of $300 million. Our firm had drafted the relevant documentation in respect of the escrow agreement, the share sale agreement as well as the finance and security documents and successfully completed the deal. 
• Advised Asia Pacific Bank and its group on a landmark restructuring exceeding EUR 750 million, implementing a Cyprus court‑approved scheme of arrangement involving complex cross‑border banking, corporate and regulatory issues.
• Advised a global organisation with regards to the listing of one of its group companies in a foreign exchange in the European Union.
• Advised and handled the financing in connection with the purchase by Fattal Group of a 5 star hotel in Cyprus.
• Act as the Cyprus legal counsel to a major global company within the Fattal Group, advising on significant hotel acquisitions, financings and landmark hospitality investments, including five‑star developments.

For further information or in case you have any legal issues, please contact us at: 

e: info@erotocritou.com