The General Administrator of the Banco de Reservas ("Banreservas"), Dr. Roberto Salad?n Selin, says that Banreservas has pulled together a "pool" of banks to provide financing for developing the tourism potential of Barahona and surrounding areas. Joining Banreservas in the initiative are Banco Nacional de Cr?dito ("Bancr?dito"), Banco Fiduciario, Banco Hipotecario Dominicano (BHD), Banco Global. Representatives of the banks met at Barahona’s Hotel Rivera last Friday, February 19th, at a conference organized by the Foundation to Aid the Southeast (FUNDASUR). The conference evaluated the tourism potential of the area and what types of projects the banks can support. Salad?n pointed out that Banreservas is already financing the construction of the 105-room Hotel Brisas de Bahoruco, which he revealed will be managed by the American hotel chain Choice. Banreservas also is financing expansion of Hotel Oasis, and is interested in the 500-room hotel planned for Para?so.
