As per the June 2017 Financial Stability, and Monetary Policy Committees statements, bad loans in Rwanda increased to 8.1 per cent from 6.2 per cent in the first three months of 2016 — blamed on weak credit analysis, poor loan monitoring and project design. PHOTO | FILE
Analysts are projecting slow credit growth to the private sector in the East African economies, with Kenya and Rwanda having the highest number of risky borrowers.
As per the June 2017 Financial Stability, and Monetary Policy Committees statements, bad loans in Rwanda increased to 8.1 per cent from 6.2 per cent in the first three months of 2016 — blamed on weak credit analysis, poor loan monitoring and project design.
