The Guyana Americas Merchant Bank Inc (GuyAm Bank) says it was the lead arranger of a US$10m loan financed by GBTI for Arimu Investments Inc which is building a hotel at Robb and Oronoque Sts.
A GuyAm Bank press release yesterday congratulated Arimu Investments Inc, the developer of the Aiden by Best Western Hotel on its acquisition of the US$10M loan from the Guyana Bank for Trade and Industry (GBTI).
GuyAm Bank commended Arimu Investments on its plans and said that the Aiden project would be critical for the development of the tourism and hospitality sector in Guyana.
The release said that GuyAm is committed to helping clients raise capital through the private placement of securities, public issue of shares on the Guyana Stock Exchange and access loans from various banks within Guyana and the region.
