- Search Results
 
 
CBL Launches Collateral Registry of Liberia
Date Uploaded: Feb 28, 2015

Central Bank of Liberia (CBL) Boss J. Mill Jones

 

 

CBL Launches Collateral Registry of Liberia

By Comfort M. Johnson

MONROVIA, February 27 (LINA) –The Central Bank of Liberia (CBL) has launched the Collateral Registry of Liberia with support from the International Finance Corporation (IFC).

The CBL in its 2014 annual report said the establishment of the Registry in June 2014 has made Liberia the second country to Ghana to establish a properly functioning state-of-the- art registry in the West African Monetary Zone (WAMZ).

The report said the registry receives, stores and makes available to the public financing statements relating to security interests, finance leases and liens in

moveable collaterals, according to the Liberia News Agency.

The report stated that at the end of 2014, the registry had 30 registered clients or creditors, adding that it also had 33 loans collateralized with movable assets registered in the registry system.

Meanwhile, the CBL report showed that in September, 2014, the Registrar of the Collateral Registry presented the development of the Collateral Registry at IFC’s 5thfinancial infrastructure and risk management training in Rabat, Morocco.  

LINA

latest headlines
LEC Holds Community Engagements Against Power Theft
The Liberia Electricity Corporation (LEC) has renewed its warning to individuals engaged in power theft to desist, as it was costing government i ...more
Cuttington University Promises To Sustain EHELD Projects
The Administration of the Cuttington University has assured the Excellence in Higher Education for Liberian Development (EHELD) of its commitment ...more
Justice Banks Decline To Issue Prohibition Against Korkoyah
Supreme Court Justice-in-Chamber Philip A. Z. Banks Thursday declined to grant the writ of prohibition requested by Dr. Togba Nah Tipoteh against ...more
VP Boakai Assures LACC Of Support To Tackle Graft
Vice President Joseph N. Boakai has assured the Liberia Anti-Corruption Commission (LACC) of his unreserved commitment to tackle the scourge of c ...more
Pres. Sirleaf Congratulates Luxembourg On ‘National Day'
President Ellen Johnson Sirleaf has sent a congratulatory message to His Royal Highness, Grand Duke Henri of Luxembourg, on that country’s Nati ...more
ECOWAS Envoys Congratulate Pres. Sirleaf
The Dean of ECOWAS Ambassadors and Heads of Mission Accredited to Senegal, General Edouard Tiape Kassarate, has congratulated President Ellen Joh ...more
 
All rights reserved © 2013 - 2014
Liberia News Agency