Bank of Valletta recently launched a new fixed interest rate personal loan, a product that complements the bank’s existing range of loan products, which include the BOV Personal Loan and the BOV Personal Loan +.

“The introduction of this new product by Bank of Valletta means that customers will now be in a position to avoid interest rate uncertainty since the interest rates will remain unchanged throughout the fixed-term period,” said Alan Micallef, head consumer finance at Bank of Valletta. “This gives us a good opportunity to offer an attractive and competitive package to our customers, added Mr Micallef.

The amount that can be borrowed through the fixed interest rate personal loans ranges from Lm250 (EUR582.34) to Lm25,000 (EUR58,234.33) with a maximum repayment period of seven years.

“We are regularly looking for ways to deliver added value to our customers,” said Mr Micallef. “Our personal loans provide a more straightforward and efficient way for our customers to purchase what they need – whether it is a new car, carrying out home improvements, their dream boat, or a much-needed holiday,” concluded Mr Micallef.

Full details about this new product from Bank of Valletta may be obtained from the bank’s website www.bov.com, from any BOV branch or by calling BOV’s Customer Service Centre on tel. 2131-2020 between Mondays and Saturdays, from 8am to 8pm (excluding bank and public holidays).