Borrowers and Lenders Act, 2008 (Act 773)

Section 14. (1) A lender shall not discriminate against a person on the grounds of race, gender, ethnicity, political affiliation, or religion to(a) assess the ability of the person to meet the obligations of a proposed credit agreement;(b) decide whether to refuse an application to enter into a credit agreement, or to offer or enter into a credit agreement;(c) determine an aspect of the cost of a credit agreement to the borrower;(d) propose or agree on the terms and conditions of a credit agreement;(e) assess or require compliance by the person with the terms of a credit agreement;(f) exercise any right of the lender under a credit agreement, this Act or any legislation relating to credit; or(g) determine whether to continue, enforce, seek judgment as regard a credit agreement or terminate a credit agreement.(2) A person aggrieved by a decision of a lender may make a comĀ¬plaint to the Bank for redress.

Procedures to Follow




Not Avaiable

Responsible Institution

Bank of Ghana

Accra Central
Email:info@bog.gov.gh
Website:www.bog.gov.gh

Relevant Forms to Download

Not Available

Fees / Charges




Not Avaiable