WATCH: RBZ Launches Collateral Registry To Facilitate Registration Of Security Interest In Movable Assets
1 year agoWed, 23 Nov 2022 19:09:59 GMT
The Reserve Bank of Zimbabwe (RBZ) recently launched the Collateral Registry, a publicly available database of interests in or ownership of movable assets tendered to secure loans.
The move is expected to facilitate secured creditors or lenders to register a security interest in movable assets such as livestock, household goods, crops, and business.
In the video below, the apex bank speaks on the initiative in great detail.