Mixed feelings over credit registry

MARKET analysts have expressed mixed views over the introduction of a collateral registry to facilitate registration of movable property by the Reserve Bank of Zimbabwe (RBZ) saying it may threaten banking sector stability.

Small and medium enterprises (SMEs) are, however, in favour of the move.

Speaking at the launch of the collateral registry last Friday, RBZ governor John Mangudya said individuals and SMEs’ access to credit was mainly hampered by lack of acceptable collateral.

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