MaltaToday | 17 August 2008

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Business | Sunday, 17 August 2008

Discounted rate of interest on BOV Eco-Loan

Bank of Valletta has launched the BOV Eco Loan product with new, improved features.
The Environment Friendly Loan is designed to provide financing, at attractive terms, for people who are considering investing in eco-friendly products such as solar heaters, electric / hybrid cars, energy saving Class ‘A’ white goods, double glazing thermal insulation products and more.
Through the BOV Eco-Loan, consumers now have the possibility to invest in renewable resources thus making a positive contribution towards the environment whilst saving on energy bills.
BOV Eco Loan financing can be obtained for amounts as small as €500 and can go up to €60,000, with a 7 year repayment term that can also be extended to 8 years in the case of loans granted for the purchase of electric / hybrid cars. The BOV Eco Loan also features a discounted rate of interest.
Alan Micallef, Head Personal Lending at Bank of Valletta said, “At Bank of Valletta we seek to make a direct positive contribution to the environment in a number of ways.
The BOV Eco Loan with its enhanced features is a source of financing we are making available on the market with a view to facilitating access to clean and energy efficient technology.”


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