Bank of Valletta is fully committed to support the local business community. In these challenging times the bank is providing much needed liquidity and working capital through facilities aimed specifically at all types of local businesses that are facing challenges related to the COVID-19 pandemic, be they Small and Medium Enterprises (SMEs) or Large Enterprises.Keeping businesses strong is our main focus during these difficult times.
Designed in collaboration with the Malta Development Bank (MDB), and with the support of the Ministry of Finance, the BOV MDB COVID-19 Assist is the ideal solution for all those businesses who are facing a number of operational challenges. These relate to various running costs such as employees' wages and salaries, bills, pending invoices, acquisition of stock, maintenance costs and other expenses that are critical for the smooth running of the business.
In times of difficulty, much needed financing is essential in managing these costs and keeping the business in sound financial health.
The BOV MDB COVID-19 ASSIST benefits from the support of the MDB COVID-19 Guarantee Scheme launched by the Malta Development Bank through the provision of a Bank Guarantee for €350,000,000, covered by a Government guarantee issued by the Ministry of Finance.
The following are some of the conditions governing the product:
Other terms and conditions apply.
Applying for BOV MDB COVID-19 ASSIST
Send an email to [email protected], or if you are a BOV customer please contact your Relationship Manager, Business Centre or Corporate Centre.
We will help you find a solution for your particular needs and guide you as to the required documentation.
Keeping Businesses Strong