A new addition to the family is a life changing event that brings joy and happiness to the family and also financial concerns about the child’s financial future. The BOV Parents Package offers a selection of products, services and offers specifically designed for parents with growing kids.
Planning ahead for when your child grows up will allow you to be in a better position to offer financial help should your child decide to pursue studies abroad, purchase a first car or even place a deposit on a new home.
The BOV Young Savers account is an excellent instrument to teach a child about the value of money and to encourage them to save in the Young Savers Piggy bank that you receive when the account reaches the balance of €100.
An MSV Child Savings Plan provides a lump sum in the future while providing medical insurance, and a Valletta Fund Management Monthly Investment Plan will allow you to save for your child by investing a small amount on a regular basis to minimize market risk.
Bank of Valletta also provides products specifically designed for the different phases in the child’s life. Whether a loan to purchase a computer, a car or a house, or even to study abroad, or a BOV Cashlink international for the first student exchange, the BOV Parents Package provides a comprehensive solution to your child’s financial needs.
Visit any BOV branch for free financial advise or visit www.bov.com [1] for further information about these products.