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Bank of Ghana Commends Collateral Registry’s 15 Years of Financial Empowerment

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Accra, Ghana – The Collateral Registry was lauded as a cornerstone of Ghana’s financial system during its 15th-anniversary celebration held in Accra on June 11, 2025. Dr. Zakari Mumuni, First Deputy Governor of the Bank of Ghana, speaking on behalf of Governor Dr. Johnson Asiama, highlighted the Registry’s crucial role in fostering enterprise and economic growth.

In his address, Dr. Mumuni emphasized the Collateral Registry’s quiet yet powerful contribution to the nation’s financial architecture. He underscored its significance in enabling businesses to access credit by using movable assets as collateral, thereby expanding financial inclusion and supporting economic activity across various sectors.

The First Deputy Governor used the milestone as an opportunity to call for renewed commitment to strengthening the Registry’s capabilities. He urged stakeholders to work towards an even more robust, inclusive, and empowering system that benefits all Ghanaians seeking financial opportunities.

The 15th Anniversary Celebration of the Collateral Registry concluded today, June 12, 2025, at the Alisa Hotel, with a panel discussion on “The Impact of the Collateral Registry on Credit Administration and Financial Inclusion, and the Future Plans of the Registry.” Experts and other stakeholders shared insights on how the Registry has revolutionized access to credit—especially for SMEs—and discussed innovative strategies to enhance its impact in the years ahead.

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