Bank of Valletta is introducing new benefits to the BOV Boat and Yacht Finance to coincide with the BOV Boat Show being held at Grand Hotel Excelsior until Monday.

All loans sanctioned under the BOV Boat and Yacht Finance Package will benefit from a 50% discount on loan processing fees. Moreover, the maximum term of the loan is being extended from 10 years to a maximum of 12 years.

“The objective of the BOV Boat and Yacht Finance Package is to get people to own their own boat and keep sailing well into the future”, said Alan Micallef, Head Consumer Lending at Bank of Valletta. “The new added benefits help deacrease the initial expense as well as offering more flexibility and a lower repayment through a longer term of the finance package”.

Further information of the BOV Boat and Yacht Finance package can be obtained from the BOV stand at the BOV Boat Show 2011, from the Bank’s website www.bov.com, from any BOV Branch or by calling the Bank’s customer service centre on 2131 2020.