Cookies
This website uses cookies in order to improve user experience. Please click 'I accept' to consent the use of this technology by Bank of Valletta p.l.c. Click here for more information on cookies or to view the Bank's Privacy Notice.
Get in touch - Bank of Valletta - BOV Group
Customer Service Centre - Bank of Valletta - BOV Group
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
  • ... >
Maximise Banner
Minimise Banner
next Previous
next Previous
next Previous
next Previous
Over €5,000,000 to students through the BOV Studies Plus+
05 Nov 2020
Bank of Valletta has, over the past months, channelled over €5 million worth of funding through its BOV Studies Plus+ to assist students and professionals invest in their education, making their career goals even more accessible.

The BOV Studies Plus+ is a financing solution for individuals seeking to further their studies in Malta or abroad, undertaking full-time, part-time or distance learning courses leading to MQF levels 5, 6, 7 or 8 qualifications or other internationally recognised certificates.  

“At Bank of Valletta, we were instrumental in aiding over 120 students embark on an exciting journey towards the career of their choice. We’ve opened doors for individuals of all ages, assisting them to take up courses in various sectors ranging from aviation to humanities, law, business and sciences,” stated Albert Frendo, Chief Credit Officer at Bank of Valletta. “Education in particular subjects costs money, especially where a student inevitably has to go abroad to pursue further studies. Unfortunately, such financial barriers may limit high potential Maltese people from venturing towards high-cost developmental opportunities.”  

The BOV Studies Plus+ provides easier access to affordable finance and has a number of benefits such as an attractive interest rate, a moratorium period of up to 5 years and no upfront contribution or collateral requirement. It reduces financial dependence on family and friends and can serve as a bridge until funds from scholarships, grants or any reimbursements become available.

“The benefits go beyond individuals, but have a far reaching positive impact. Through this scheme, Bank of Valletta is enabling growth in the talent pool of the future, making possible the development of skills that are in short supply within a number of industries in Malta. Banks typically finance investment proposals that are considered feasible and that offer adequate returns. We consider this scheme as offering one of the best investment opportunities and the payback of this investment will certainly be a better skilled local workforce,” concluded Frendo.  

The BOV Studies Plus+ is supported by the Operational Programme II, co-funded by the European Social Fund and managed by the Malta Development Bank (MDB). It benefits from the MDB guarantee scheme. 

More information can be found here. To apply simply set up an appointment with a BOV Branch by sending an email on [email protected].

All loans are subject to normal bank lending criteria and final approval from the Bank. The term of the loan must not go beyond retirement age. Terms and conditions are available on www.bov.com. Issued by Bank of Valletta p.l.c., 58, Triq San Zakkarija, Il-Belt Valletta VLT 1130.  Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking in terms of the Banking Act (Cap.371 of the Laws of Malta). 
Share this item:
Print page
Sort reviews by:
This item has no reviews yet.
My Guide has identified the following related material
next Previous
 
BOV Pjazza
next Previous
Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. 371 of the Laws of Malta) and the Investment Services Act (Cap.370. of the Laws of Malta).