Universal Capital Bank Financial Partner for Regent Hotel Second Stage

By , 03 Mar 2018, 07:40 AM Business

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March 2, 2018 - Adriatic Marinas company ended its negotiations with the Universal Capital Bank (UCB) regarding the financing of the construction of the Regent Porto Montenegro Hotel’s second stage, Pobjeda learns.

It is an investment worth €40m. UCB was selected as a partner to service this stage of the investment. The bank was assessed to have great experience in financing top-notch tourism projects.

This project will reinforce Porto Montenegro’s status as the best luxury yacht marina in Europe.

On the other hand, by participating in this project, UCB is positioned as a bank specialised in servicing specific ways of financing major tourism projects and as the main partner and investment broker in the UAE in Montenegro. This is why the bank opened its branch office in Dubai a year ago. It is the first regional bank to do so.

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