Mediterranean cruises are among the great prizes featured in a new lottery being introduced by Bank of Valletta. Eligible to participate are BOV customers who apply for and are granted a BOV Personal Loan and/or a BOV Personal Loan Plus between 8 May and 7 August, both days inclusive.

The monthly prizes also include an LG Plasma Screen 42” Model 42PX3, a Sony Mini DV Camera Model DCR-HC23 and 10 HP Digital Cameras E317 Model L2051A.

Lottery draws will be held on 12 June, 12 July and 12 August.

BOV is also introducing other added value benefits during this period. In fact, all personal loans taken out between 8 May and 7 August may be repaid over a six-year term instead of five, on condition that the life of the asset being financed through the loan extends at least to this term. Applicants will also enjoy a 50 per cent discount on processing fees during this offer period.

“These new benefits, together with the attractive lottery we are announcing, are designed to offer added value to our customers”, said Bank of Valletta executive head sales and marketing Alan Cassar.

“Our personal loan products are designed to provide customers with added flexibility.

“By extending the loan repayment period over six years, and waiving 50 per cent of our processing fees, we hope to make it even more attractive for customers to finance their purchases through a BOV personal loan with the benefit of spreading out payments over a number of years,” he concluded.