Rwanda : Bankers complain of increasing numbers of bad loan

The association of banking institution in Musanze district have said that the increasing numbers of clients failing to service their loans has resulted in a loss of trust among clients and warned that clients to desist from the habit. The complaint was raised during a Joint Action Development Forum (JADF) meeting in Musanze district in the Northern Province on December 20. The meeting brought together development district partners to discuss achievements... Read More

Rwanda : Another Kenyan Bank to enter Rwandan market

Another Kenyan Bank, Commercial Bank of Africa (CBA) is now considering extending its services to Rwanda next year, as a way of exploring the current booming Rwanda’s banking industry – which is considered to be one of the most vibrant and seen as a reflection of the ongoing transformation agenda being pursued by Government and other key stakeholders. Competition in the sector has of late heightened that has drastically  eroded  margins as new... Read More