Banks are financial intermediaries  that accept deposits from surplus spending units and channel these in the form of loan products to deficit spending units in the economy. The business of banking started in the then Gold Coast during the colonial era with the aim of providing financial services to the British enterprises and the colonial administration.

Scholars and writers who study “human rights” have done so in various ways. In his study of “An Akan Perspective on Human Rights,” the Ghanaian philosopher Kwasi Wiredu defined “human rights” as “claims that people are entitled to make … by virtue of their status as human beings.