Skip to main content

Collateral Registry Marks 15 Years, Embraces Innovation and Collaboration for Future Growth

 The Collateral Registry of Ghana is embarking on an ambitious journey to drive growth and innovation in the country's credit market.

With a focus on leveraging technology, reforming policies, and fostering partnerships, the Registry aims to enhance its efficiency, security, and user experience.

The First Deputy Governor, Bank of Ghana, Dr. Zakari Mumuni, speaking at the anniversary celebrations in Accra, noted that the BoG is investing
in advanced technologies- including artificial intelligence, to enhance the
system’s efficiency, security, and user experience. 

"As we look ahead, our vision for the Registry is ambitious. We are investing in advanced technologies, including artificial intelligence, to enhance the system’s efficiency, security, and user experience. We will also undertake policy and regulatory reforms to ensure the legal framework remains agile and responsive to the evolving credit landscape," Dr. Mumuni emphasized.

Collateral Registry 
Dr. Zakari Mumuni, First Deputy Governor, Bank of Ghana.

The Registry's strategic initiatives include the adoption of advanced technologies to streamline processes, improve data management, and reduce risks. Additionally, the Registry will work closely with policymakers to ensure that the regulatory framework supports the growth of the credit market and promotes financial inclusion.

Collaboration and Partnerships

The Registry will also deepen its partnerships with key institutions, including the Driver and Vehicle Licensing Authority (DVLA), the Office of the Registrar of Companies (ORC), the Lands Commission, the International Finance Corporation (IFC), and the Swiss State Secretariat for Economic Affairs (SECO).

These collaborations will introduce global best practices, technical support, and expertise to drive further impact and support the growth of the credit market in Ghana," the First Deputy Governor noted.

Collateral Registry

Promoting Financial Inclusion

By investing in technology, reforming policies, and partnering with institutions, the Collateral Registry aims to build a resilient and inclusive financial system that benefits all Ghanaians.

The Registry's initiatives are expected to promote financial inclusion, support the growth of small and medium-sized enterprises (SMEs), and contribute to the overall development of Ghana's economy.

Labels:

Comments

Post a Comment

Popular posts from this blog

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...
Post a Comment
Read more

E&P takes over Black Volta and Sankofa Gold projects after years of delay

 Indigenous mining firm Engineers & Planners (E&P) has acquired Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd, taking full control of the long-stalled Black Volta and Sankofa gold concessions in the Upper West Region. The transaction, registered with the Registrar of Companies and approved by the Minerals Commission, ends nearly two decades of under-investment, legal disputes, and capital shortfalls that kept the concessions dormant. With global gold prices trading above $3,000 per ounce, the move comes at a time when Ghana is seeking fresh mining revenue to support its IMF-backed fiscal consolidation programme. E&P announced that it has secured funding to begin mine development and has committed to repaying verified debts associated with the projects. Ghana travel guide The company outlined a structured plan that includes: Working with the Ghana Revenue Authority (GRA) to audit and confirm loans previously recorded as project investments. Repaying genuine d...
Post a Comment
Read more

Ghana Property & Lifestyle Expo Ignites Global Interest in Ghana’s Real Estate Market with Landmark Washington DC Edition

  Washington DC, USA – Hundreds of investors, professionals, and diaspora attendees gathered at the Washington Marriott Georgetown for the Ghana Property & Lifestyle Expo (GPLE) – Washington DC Edition , marking the dynamic launch of the 2025 Global Series. The two-day international showcase delivered a powerful mix of credible investment opportunities, expert insights, and strategic networking, spotlighting Ghana’s booming real estate sector as a leading destination for property and lifestyle investment in Africa. From luxury apartments and serviced plots to gated communities and commercial developments, attendees experienced the best of Ghana’s property landscape—featuring top developers from Accra and Kumasi, including Royal Kingdom Estate, Goldkey Properties, Devtraco Plus, Clifton Homes , and others.   Eddy Acquah Moderator & AJ Akua Johnson Brand Ambassador GPLE (Actress , Fitness Coach & Philanthropist) [/caption] Ambassador Victor Smith Applauds Expo’s Rol...
Post a Comment
Read more