PRODUCTION SERVER - (LIVE SYSTEM)

Our Mandate

Pursuant of its function to regulate, supervise and direct banking and credit system and ensure the smooth operation of the financial sector, the Bank of Ghana under the statutory mandate of the Borrowers and Lenders Act 2008 (Act 773) established the Collateral Registry to provide the legal framework for credit, to improve standards of disclosure of information by borrowers and lenders, to prohibit certain credit practices, to promote a consistent enforcement framework related to credit, and to provide for related maters.

MISSION STATEMENT

To play a key role in creating an enabling environment to ensure easy access to credit

Core Functions:

  • Conducting searches on registered charges/collaterals.
  • Facilitate the realization or foreclosure of collaterals upon default by a borrower.
  • Effect discharges on registered collaterals upon application by the lender.
  • Registration of charges and collaterals.
  • Conducting searches on registered charges/collaterals.
  • Facilitate the realization or foreclosure of collaterals upon default by a borrower.
  • Effect discharges on registered collaterals upon application by the lender.

Other Functions:

  • Educating and sensitizing stakeholders on the Secured Transactions Regime in Ghana.
  • Training users on the operations and systems of the Registry.
  • Conduct research into the secured credit market in Ghana.
  • Act as a learning center for other African countries in establishing Secured Transactions Regimes and Registries.