BoV lends Enemalta €120 million

Bank of Valletta has signed a loan agreement worth €120 million (Lm51.5 million) with Enemalta Corporation. The bank said that €100 million (Lm42.9 million) of the loan were made available to re-finance existing international debt and the remaining €20...

Bank of Valletta has signed a loan agreement worth €120 million (Lm51.5 million) with Enemalta Corporation.

The bank said that €100 million (Lm42.9 million) of the loan were made available to re-finance existing international debt and the remaining €20 million (Lm8.58 million) will be utilised by the corporation to finance capital investments.

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