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Home » RBZ finalises collateral registry tests

RBZ finalises collateral registry tests

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THE Reserve Bank of Zimbabwe (RBZ) will this month conduct the final pilot testing of the Collateral Registry System, which allows the securitisation of movable property.

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The system, which has been in the making since 2017, is part of the central bank’s financial inclusion agenda and was delayed by Covid-19 disruptions.
“The Collateral Registry System is expected to centralise the database of movable assets accepted by banks and microfinance institutions (MFIs) as collateral for secured loans.

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