It is our pleasure to invite you on behalf of the Bank of Zambia, the World Bank Group and the Zambia Institute of Banking & Financial Services (ZIBFS) to training for financial institutions (FIs) on movable asset-based lending which will take place in June as follows:
DATES: 13th -14th June 2019
TIME: 08:00hrs – 16:30hrs
REGISTRATION FEE: K2,000 per participant (subsidized)
The registration fee covers training materials, certification of participation by BoZ, WBG and ZIBFS, lunches and refreshments. For any 4 nominations from one institution, the 4th participant will come in free. (logistics & accommodation NOT Covered)
VENUE: Cresta Golview Hotel, Great East Road, Lusaka
DEADLINE: 7th June 2019
As you may be aware, the Bank of Zambia (BoZ), in collaboration with the World Bank Group (WBG) and the Patents and Companies Registration Agency (PACRA) has successfully established and launched the Movable Property Security Registry housed at PACRA. As a way of continuously enhancing the capacity of financial service providers to utilise the new secured transaction framework, capacity building training sessions have been an essential component of this initiative.
This training builds on very successful initial training for FIs in Lusaka in May and November 2017, that preceded the launch of the Movable Property Registry System on 17th November 2017. Post the registry launch, additional trainings were conducted in both Lusaka and Ndola in April and November 2018. The training is focused on seasoned credit, operational, and legal officers and will share the best practices of movable asset-based lending including exploring potential opportunities that might exist on the Zambian market. The training will show participants how to apply the Movable Property Security Interest Act (MPSI) to expand commercial lending while managing the risk. The format of the training will be very interactive including covering case studies relevant for the local financial markets. The training will also include local case studies and will showcase existing transaction on the registry and how it is operating in the country in order to assist and encourage movable asset based lending in Zambia.
Kindly note that the training attracts a Subsidized Registration Fee of K2,000 Per Participant which will also cover training materials, certification of participation by BoZ, WBG and ZIBFS, lunches and refreshments.. For any 4 nominations from one Institution, the 4th participant will come in free. All financial institutions are encouraged to participate in this important training.
The registration fees must be paid directly to ZIBFS by 7th June 2019. There are limited places available and registration is on the first-come-first-served basis. Detailed logistical information and agenda will be sent to the participants closer to the event.
Thank you very much for your partnership in ensuring that this excellent training offering will be leveraged for the benefit of the financial sector and Zambian economy.
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CONTACT DETAILS FOR REGISTRATION:
Chongo Kaka
ZIBFS, Plot 284A, Namambozi Road, Fairview
Email: marketing@zibfs.com, education@zibfs.com
Mobile +260 977141342
Tel: 0211 237281.
