Your Partner in Business with BOV SME Invest


Small Medium Enterprises (SMEs) are the heart of our economy and a major source of entrepreneurial skills, innovation, and employment. To grow and reach their full potential, SMEs need easy and affordable access to financing. 

With all this in mind, Bank of Valletta, in collaboration with the Malta Development Bank, has launched the BOV SME Invest, a product specifically designed for SMEs seeking growth. It is designed for start-ups, SMEs venturing into new business sectors or traditional SMEs wanting to invest in revamping or strengthening their current business model. BOV SME Invest facilitates access to finance on new capital investment costs and related working capital through highly reduced collateral requirements and an interest rate that is lower than the market benchmark. 

As part of a master class organised jointly by the MHRA and BOV entitled “Funding Opportunities for Tourism Sector Projects” Mark Scicluna Bartoli, Executive EU & Institutional Affairs at Bank of Valletta, gave insights on how the BOV SME Invest product can assist the hospitality industry to upgrade its offering in the market. 

It was also highlighted how EU and Malta funded BOV guarantee schemes are clearly demarcated in the market to ensure no overlap. The EU funded BOV JAIME financing package, which has recently been topped up to a portfolio of €80 million, currently finances capital investment up to €200,000 whilst the recently launched BOV SME Invest, developed in collaboration with the Malta Development Bank, finances new capital investment projects ranging from €200,000 up to €750,000. 

The BOV SME Invest is a portfolio of €50 million and will be available up to end April 2022 or until the available fund is fully committed. More information can be obtained from a BOV Branch or Business Centre or by sending an email to 

Certain sectors may not be eligible for this scheme. All loans are subject to normal bank lending criteria and final approval from the Bank. Terms and conditions are available from Issued by Bank of Valletta p.l.c., 58, Triq San Zakkarija, Il-Belt Valletta VLT 1130. Bank of Valletta p.l.c. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking in terms of the Banking Act (Cap. 371 of the Laws of Malta).

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The Mediterranean Observer is a news portal dedicated to travel tourism, and hospitality in the Mediterranean region. This portal is managed by the Mediterranean Tourism Foundation, based in the Mediterranean country of Malta.