Libra Bank lends EUR 24 mln for luxury hotel in northern Bucharest

Romanian lender Libra Internet Bank and the Niro group have signed a financing agreement worth EUR 24 million for the development of a luxury hotel on Expozitiei boulevard in northern Bucharest. The hotel will be operated by French group Accor under the Swisshotel brand. "This type of project fits our niche specialization strategy," says Emil Bituleanu, General Manager of Libra Internet Bank. Swisshotel is the latest hotel project of Niro Investment ...

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