With particular expertise in banking law and NPL portfolios, Sioufas & Associates Law Firm regularly advises Greek banks, loan servicers and leasing companies. The team is noted for its ‘strong reputation and track record in the banking and NPL market’. It is jointly led by George Sioufas, Olga Eftychidou and Nikolaos Katiforis. Marios-Panagiotis Skouras also provides support across key mandates.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Sioufas team is an example of pure professionalism! They were extremely meticulous in every detail of the case and they were always available to assist and advise.'
  • 'The team has developed strong long-term relationships in the industry with clients in the banking and NPL servicing sector. The team has a strong reputation and track record in the banking and NPL market.'
  • 'They are problem solvers and partners in their clients' success.'
  • 'Results driven, with experience that makes them highly efficient and effective. Deep knowledge of the market with extensive analytics on all metrics.'
  • 'Professionals who are always available, ready to take action and understand the issues. Fast reflexes on changing and improving challenging situations.'
  • 'Commitment and flexibility in meeting deadlines and targets.'

Key clients

  • Alpha Bank S.A.
  • National Bank of Greece
  • Piraeus Bank
  • Cepal|Hellas Financial Services Single Member Société Anonyme - Servicing of Receivables from Loans and Credits (“Cepal”)
  • doValue Greece Loans and Credits Claim Management S.A.
  • Intrum Hellas
  • EOS Matrix Receivables Management from Loans and Credits Greece Single Member S.A.
  • QQuant Master Servicer Servicing of Loans and Credits Single Member S.A.
  • BAIN CAPITAL CREDIT LP.
  • HOIST FINANCE AB (PUBL)
  • Veraltis Asset Management
  • SOUTHROCK ASSET MANAGEMENT S.A.

Work highlights

Advising one of the Greek systemic banks on the complex financing and legal structuring of a 25-year Public-Private Partnership project with a deal value of €140 million delivering sustainable irrigation infrastructure to a specific Greek region.
Provided critical legal expertise and due diligence to Bain Capital in its engagement as a bidder in the complex Etalia non-performing loan portfolio from NBG.
Successfully navigated complex procedural challenges to secure a court ruling enforcing the recovery of over €13 million for a servicer in Greece.
Practice head

George Sioufas; Olga Eftychidou; Nikolaos Katiforis

Other key lawyers

Marios-Panagiotis Skouras