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Transylvania Bank Credits a Hilton From Venice
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The support from the Italian banking group will provide a $50 million loan for the financing of the development costs of the tourist unit. "Financing and the whole process that is based on its success give us the opportunity to demonstrate the ability of the Transylvania Bank (BT) to structure complex transactions and to work together with teams in Romania and Italy. It is a project that opens the way for other cross-border transactions and help…
Banca Transilvania, the leader in the banking market in Romania and South-Eastern Europe, takes another step in its international approach with a financing of over 50 million euros for Hampton by Hilton Venice Isola Nuova. Granted through the BT Italia Branch, the loan is intended to refinance the hotel’s development costs. For Banca Transilvania, it represents the largest cross-border financing to date – a strategic investment in the hospitalit…
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