Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has officially launched its newly established online Collateral Registry System developed by the leading Ghanaian software company, Bsystems.
The live activation of the Collateral Registry System by the central bank of Zimbabwe forms part of the bank’s move to improve the ease of doing business in the country through disclosing information by borrowers/debtors aimed at encouraging micro-credit growth and enhanced credit risk management in the microfinance sector.