BOV reduce bank base rate by 0.50%
- BOV announces changes to its interest rates
- BOV increases its base rate to 4.25%
- Home owners and manufacturers to benefit from BOV interest rate cuts
- Full ECB rate cut reflected in BOV lending rates
- HSBC reduces its base rate in line with the ECB
- Conversion of bank account balances on the 1st of January
- APS Bank changes base rate from 1st November
- APS Bank announce a review of it’s base rate
- BOV extends its Summer Offers through September
- BOV announces a winter sale with many special offers
- BOV launches wide array of Summer Offers
- Great summer offers from Bank of Valletta
- Special Trade Fair offers from BOV
- BOV announces no change in interest rates
- New & exciting student benefits from BOV Club
Following the decision taken yesterday by the European Central Bank to lower its refinancing rate by 50 basis points, Bank of Valletta announced that, with effect from the 13th October, 2008, it is lowering its Bank Base Rate to 3.75%.
With effect from the same date, interest rates on all deposit accounts denominated in euro will decrease by 0.50% per annum. Similarly, interest rates charged on commercial loans and overdrafts, personal loans and mortgages will be revised downwards by 0.50% per annum. Debit interest rates on credit card accounts will also be lowered by 0.50% per annum, with effect form the 13th October 2008.
Further details may be obtained from any BOV branch, the Bank’s web site (www.bov.com) or from BOV’s Customer Service Centre on telephone 2131 2020.
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