Government to subsidize interest rates on loans taken through MDB guarantee scheme

The parliamentary secretary for Financial Services Hon. Clayton Bartolo, has announced that the government will subsidise interest rates with a maximum of  up to 2.5% on loans taken through the Malta Development Bank Guarantee Scheme. The subsidy will be available during the first 24 months of the loan.

Banks participating in the scheme

Those interested in the scheme are requested to contact their own banks for further information. Each bank will apply its own interest rate. The banks participating in the scheme are:

• APS 
• BoV
• BNF
• FCM
• HSBC
• Izola
• Lombard
• Med Bank

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