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Bank of Valletta has just launched a new personal lending product - the BOV Short Term Personal Loan. This is a new loan product designed for the easy financing of purchases of white goods, hi-fi, home furnishings and other items for personal use.

The amount that can be borrowed through the BOV Short Term Personal Loan ranges from €500 (Lm214.65) to €1,000 (Lm429.30), and the maximum repayment period is of 24 months. The loan can be granted on an unsecured basis.

“This new product, the BOV Short Term Personal Loan, offers our customers an affordable and customised solution designed to facilitate the purchase of relatively low value items,” said John Soler, Chief Officer responsible for Credit at Bank of Valletta.

“When we designed this unsecured personal lending product, we wanted to provide another option to those seeking to finance their household goods and other personal items,” said Mr. Soler. “Thanks to this new product from Bank of Valletta, our customers can now decide to make a number of purchases without resorting to their savings and benefit from an affordable repayment programme spread out over a maximum of 24 months,” explained Mr. Soler. He emphasised that the BOV Short Term Personal Loan is the latest addition to BOV’s extensive portfolio of lending products and combines a series of lending features that meet a variety of customer needs.

Full details about this new product may be obtained from the Bank’s website www.bov.com, from any BOV branch or by calling BOV’s Customer Service Centre on telephone 2131 2020 between Mondays and Saturdays, from 8.00am to 8.00pm (excluding Bank and Public Holidays).

All applications are subject to normal bank lending criteria. Terms and conditions apply.