Premium Bank launches GHC5 million credit facility for startups

SME -focused commercial bank, Premium Bank, has announced a ₵5 million integrated credit facility for members of the Ghana Startup Club 100 through its HelpStation initiative. Beyond the integrated credit facility, Premium Bank will also be providing digital solutions to the various startups to aid their online financial transaction. Managing Director, Kwasi Tumi, made the announcement at a special business forum and networking cocktail held in honour of the 100 most outstanding startups in Ghana at Ghana Startup Awards. Interacting with the Ekow Mensah, CEO of The African Network of Entrepreneurs (TANOE), curators of the Ghana Startup Club 100, Mr Tumi said Premium Bank the initiative is a welcome one for most startups in Ghana. He expressed hopes that startups will make the best use of the opportunity to expand their businesses to become more innovative and globally competitive. The Ghana Startup Club 100 (GSClub 100) is an annual ranking of the top 100 most outstanding start-up companies in Ghana spearheaded by The Startup Network a network under TANOE. The Ranking celebrates Ghana’s entrepreneurs and innovators. It offers a unique chance for small to medium scale businesses to be recognised for their hard work, commitment and success. By 3news.com|Ghana  ]]>