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NEWCASTLE on TYNE—The Royal Bank of Scotland has been named the leading financial partner for the first phase of the $304 million (approx. €234M) Stephenson Quarter, next to the Central Station.

Under the leadership of Newcastle-based developer Silverlink, RBS Corporate and Institutional Banking has provided a $34.6 million (approx. €26.6 M) facility to ensure work is now underway to develop a landmark 251-bed four-star hotel in Newcastle city center.

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