Bank of Valletta and GRTU have merged their individual schemes to come up with a solution to help customers wishing to purchase ‘green’ products.
The BOV Eco loan-GRTU scheme is the result of an amalgamation of GRTU’s Photo Voltaic Purchase Facilitation Scheme (PVPFS) with the BOV ECO loan.
It will give more benefits to customers applying for a loan to purchase photovoltaic equipment and solar water heaters from retailers authorised by the GRTU.
Customers may obtain personal loans from Bank of Valletta for amounts ranging between €1,000 and €15,000, repayable over a maximum period of three years.
Loans will be granted at a special discounted interest that will be paid by the retailer. In addition, no processing fees are levied. The scheme will remain in force until December 31, 2015.
https://www.bov.com/content/bov-eco-loan-grtu-scheme