Tag Archives: Premium Bank

Is Premium Bank Soon to be Consolidated?

premium bank

Even though Premium Bank was part of the List of the 31 Banks released by the Bank of Ghana in August. Business.com.gh can confirm things are not right in terms of capitalization. There is a possibility of its being consolidated with another Commercial Bank suffering. Which Bank? We are yet to know. Business.com.gh can say this because customers of Premium Bank ...

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What you should know about the GN Bank, Premium Bank & Sahel Sahara Bank Merger

GN Premium Sahara Merger

The literature on how M&A impacts value pre- and post-merger or acquisition, is checkered. There is evidence to support the view that M&A in most cases tend not to deliver on the value proposition that was originally intended. The scholarly thought appears to converge on this fact. For instance, Barnoh & Adu-Twumwaah (2015), citing Brealy and Myers (2010), argues that ...

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Commercial banks defend ‘high’ interest rates

Commercial Banks

Commercial banks in Ghana have defended their high-interest rates even in the face of declining Treasury bills. They argue that T-Bills only account for a slight percentage of the indicators. “Treasury bills alone are not the factor. Banks have a way of computing their cost of funding and there are various parameters that go into that cost of funding, it ...

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Premium bank opens new branch,introduces innovative products

Premium Bank

Premium Bank brought premium banking to the people of Makola with the opening of its new branch, alongside the introduction of some of its innovative products and services; Jara, Premium CASA-Plus Account, Business Current Account and Premium Mobile, designed to cater for the individual and business needs of the market men and women. Since its launch in December 2016, Premium ...

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Heritage bank to commence operations in February

Heritage bank, one of the new banks which recently got the green light from the Bank of Ghana(BoG) to operate as a commercial bank in Ghana is to begin full operations in February this year. The bank which is a wholly-owned Ghanaian bank, got the nod from the BoG to commence business operations as a universal Bank in the last ...

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