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WebJul 31, 2016 · Zimbabwe Asset Management Company chief executive officer Mr Cosmas Kanhai, said the credit registry system was going to improve credit management system in the country. He added that it was going to help get rid of non-performing loans (NPL) and bad habit borrowers. WebAug 17, 2016 · The absence of a credit registry in Zimbabwe had resulted in multiple borrowers at a number of banking institutions, thereby increasing chances of defaults. … WebJan 1, 2024 · THE credit registry system, mooted by the Reserve Bank of Zimbabwe (RBZ) to arrest a surge in non-performing loans (NPL), is currently at the trial stage. ... Market watchers say the absence of a credit registry in Zimbabwe has given birth to serial borrowers who hop from one bank to other but dishonour their obligations to repay the … clothing store vancouver