Bank of Valletta is offering a number of financing and co-financing packages specifically linked to the European Regional Development Funds (ERDF) schemes for enterprise and the ERDF Energy Schemes issued by Malta Enterprise.

Under these packages the bank is offering numerous benefits such as advantageous interest rates and attractive repayment periods, benefits which organisations can make use of to facilitate the implementation of projects benefiting from EU funding. When designing these products consideration was also given to the cash flow requirements of these organisations, since this is a fundamental requirement for the success of any project.

Malta Enterprise schemes are aimed at improving the competitive base of Maltese industry. The co-finance projects relating to International Competitiveness, Business Start-ups, Innovation, Environment, Research & Development (R&D), e-Business, and Renewable Energy projects are all forward-looking schemes that can help local organisations develop their area of expertise and enable them to compete effectively in international markets.

Bank of Valletta is encouraging customers interested in applying for the latest tranche of Malta Enterprise schemes to approach its vast network of branches, business centres or corporate finance for more information. Further information can also be obtained from the bank’s website www.bov.com.