BNR tightens supervision of MFIs as bad loans increase

The National Bank of Rwanda (BNR), which is the financial sector regulator, has stepped up supervision of microfinance institutions to curtail the rising ratio of non-performing loans in the sub-sector.
Rwangombwa addresses reporters Tuesday as Monique Nsazabaganwa, BNR vice-governor (right), looks on. (Timothy Kisambira)
Rwangombwa addresses reporters Tuesday as Monique Nsazabaganwa, BNR vice-governor (right), looks on. (Timothy Kisambira)
Ben Gasore