COVID-19 AND YOUR MONEY MANAGEMENT: POST 16
The Government announced that it has reached agreement with all commercial banks to limit the interest rate on working capital loans to 3.5%. The banks involved are Bank of Valletta, HSBC, APS Bank, MeDirect, BNF, Lombard Bank, Izola Bank and FCM Bank Moreover, the Government will cover the first 2.5% of the interest rate for…