Church School Loans

 

Church School Loans

 

Whether you are completing refurbishments or upgrading your school facilities (such as gyms, labs, libraries, canteens or playgrounds), the APS Church School Loan is designed to support your school’s growth. With multiple competitive features, the APS Church School Loan is the stepping stone to your school’s development.

 

Features

  • Loan amount – between €50,000 and €250,000.
  • Interest rate - competitive variable interest rate of 2.9% p.a. (a margin of 0.65% p.a. over the Bank’s Base Rate, currently 2.25% p.a.)
  • Repayment term – maximum repayment term of 10 years.
  • Financing of up to 100% of the total project cost (inclusive of VAT).
  • A number of waived fees, as listed below.

- Processing fees

- Bank legal fees

- Bank architect fees

- Commitment fee

- Early repayment fee

- Standing order charges for loan repayments and insurance premium payments

- Renewal fee

 

For advice and guidance on the APS Church School Loans, please contact:

Church School Representative
Fr. Charles Mallia
7925 2965
charles.mallia@maltadiocese.org

APS Bank Relationship Manager
Stephanie Polidano
2560 3263
stephanie.polidano@apsbank.com.mt

 

Approved and issued by APS Bank plc, APS Centre, Tower Street, B’Kara BKR 4012. APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. The Bank is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act 2018. The Bank is a participant in the Depositor Compensation Scheme established under the laws of Malta. Applications are subject to the Bank’s lending criteria. Terms and conditions apply and are available on request.

Copyright © 2017 APS Bank plc
APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994. The Bank is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act 2018.