Nqobile Bhebhe
Zimpapers
Zimbabwe’s Collateral Registry continues to gain momentum as a vital pillar for improving access to credit, with banking institutions and law firms emerging as prominent players in terms of the value of movable assets pledged as security.
Banks recorded a total of ZiG33,998 billion in movable collateral, while law firms registered a total value of ZiG52,748 billion on behalf of their clients.
Since its establishment, the Collateral Registry has been instrumental in expanding access to credit by enabling borrowers to use movable property as collateral, aligning with the Government’s financial inclusion agenda.
Latest figures in the RBZ’s Monetary Policy Statement presented last Friday show that as at December 31, 2025, banking institutions recorded a total of ZiG33.998 billion in movable collateral.
Law firms registered a total value of ZiG52,748 billion on behalf of their clients, underscoring growing confidence in the secured transactions framework.
The Reserve Bank of Zimbabwe (RBZ) said the Collateral Registry had witnessed steady growth since its launch in November 2022, reflecting increased utilisation of movable assets to unlock financing across the economy.
“The Collateral Registry has recorded a cumulative 8,690 security interest notices in movable assets since commencement in November 2022, comprising 3,352 (37 percent) active security interest notices, and 5 704 (63 percent) expired registrations.
“As at 31 December 2025, there were 3 352 active registrations in the Collateral Registry with a total principal value of ZiG87,541 billion.
“Banking institutions were the major users of the Collateral Registry with 1,648 active registrations, followed by microfinance institutions with 1,421 entries.
“In terms of value of movable collateral, banking institutions recorded a total of ZiG33,998 billion while law firms registered a total value of ZiG52,748 billion on behalf of clients,” reads part of the statement.
“Lending institutions continue to expand the types of movable assets which qualify as collateral. During the year to December 31, 2025, collateral ranged from household goods, private vehicles, trucks and agricultural equipment to shares,” RBZ said.
Although men continue to pledge higher volumes overall, women are actively utilising movable assets, particularly within the lower to mid-value categories, which reflects increasing financial inclusion and confidence in formal lending systems,” RBZ Governor Dr John Mushayavanhu said in his presentation.
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