BOV announces changes to its interest rates
- BOV reduce bank base rate by 0.50%
- Home owners and manufacturers to benefit from BOV interest rate cuts
- BOV increases its base rate to 4.25%
- Full ECB rate cut reflected in BOV lending rates
- HSBC reduces its base rate in line with the ECB
- APS Bank changes base rate from 1st November
- APS Bank announce a review of it’s base rate
- BOV announces no change in interest rates
- HSBC to pass on full interest rate cut to borrowers
- BOV Changes its Bank Base Rate in line with Central Bank
- Conversion of bank account balances on the 1st of January
- BOV extends its Summer Offers through September
- BOV announces a winter sale with many special offers
- ECB’s Governing Council reduces interest rates by 75 basis points
- Great summer offers from Bank of Valletta
Following the decision taken by the European Central Bank to lower its refinancing rate by 50 basis points, the Bank of Valletta has announced that it will be changing its interest rates with effect from this Friday the 14th of November, 2008.
With effect from this date, the savings accounts rate will be reduced by 0.25% resulting in an effective interest rate of 1% per annum. Interest rates on all other deposit accounts denominated in euro will also be revised downwards. In addition, the mortgages base rate will be reduced by 0.50% per annum to 3.25% while the base rate for commercial loans, overdrafts, personal loans and credit card accounts is being reduced to 3.45%.
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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