In a bid to drive awareness on the importance of safeguarding the planet from the ever-increasing threat to the environment, Bank of Valletta is shedding a spot
Investment in renewable and efficient energy solutions serves as a formula that customers and businesses can undertake in a sustainable and strategic manner. The initial expense of such energy solutions could be an obstacle, but the right financing solution could be key to surmount this barrier.
BOV Energy Loans are a set of accessible and affordable solutions to finance the green leap to renewable and energy efficient investments. These were discussed during a recent webinar hosted by the Chamber of Engineers and Bank of Valletta.
Key speakers from Bank of Valletta and the European Investment Bank explained how these energy loans can help both individuals and businesses to reduce their carbon footprint while investing in energy-saving measure.
The Gozo Business Chamber, in collaboration with Bank of Valletta, will host a webinar on Thursday from 12.30 to 1.30pm on affordable and accessible financing for green investments.
During the event, Mark Scicluna Bartoli, executive product management and development at BOV, together with colleagues from the European Investment Bank, will provide information on the BOV Energy Loans.
The loan is an innovative financing scheme aimed at assisting enterprises reduce their energy costs. It is available to both SMEs and Mid-Caps (firms employing up to 3,000) and benefits from a guarantee offered by the EU and the Maltese government permitting the bank to provide an attractive interest rate and collateral terms. The loan also benefits from a two per cent interest rate subsidy for the first three years that will contribute towards improving the payback of green investments.
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