GN Bank Concludes Merger Talks with Sahara Bank, Premium Bank

GN Bank

Accra, Ghana, July 17, 2018//-Credible information reaching African Eye Report reveals that GN Bank, Sahel Sahara Bank and Premium Bank have concluded negotiation to merge as the Bank of Ghana’s minimum capital requirement deadline draws to close.

According to impeccable sources, the deal could be the first in a series in the Bank of Ghana’s directive.  All banks are to raise their minimum paid-up capital to GH¢400 million by December this year.

However, the central bank is yet to approve the merger deal. The transaction is being led by Gold Coast Fund Management, a subsidiary of the Groupe Nduom.

African Eye Report 

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