Premium Bank Launches GH?5M Credit Facility For Startups

Leading SME focused commercial bank, Premium Bank, has announced a GH₵5 million integrated credit facility for members of the Ghana Startup Club 100 through its HelpStation initiative.

The announcement was made by the Managing Director (MD), Mr. Kwasi Tumi, during a special business forum and networking cocktail held in honour of the 100 most outstanding startups in Ghana who were announced as members of the first cohort of the Ghana Startup Club 100 at the recent Ghana Startup Awards.

In a special interaction with Chief Executive Officer (CEO) of The African Network of Entrepreneurs (TANOE), curators of the Ghana Startup Club 100, he mentioned that the intention of Premium Bank will help particularly SMEs in the country.

Beyond the integrated credit facility, Premium Bank will also be providing digital solutions to the various startups to aid their online financial transaction.

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.

Prestigious and coveted; 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 of course, success.

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