Non-performing loans worry BNR

The National Bank of Rwanda has raised concerns over the level of non-performing loans, which stood at 8.2 per cent as of June. The central bank attributed the increasing non-performing loan levels to slowdown in economic activity as well as inadequate monitoring of some large facilities.
National Bank of Rwanda governor John Rwangombwa speaks during the Financial Stability Committee meeting in Kigali yesterday as Vice-Governor Monique Nsanzabaganwa listens. (Nadege Imbabazi)
National Bank of Rwanda governor John Rwangombwa speaks during the Financial Stability Committee meeting in Kigali yesterday as Vice-Governor Monique Nsanzabaganwa listens. (Nadege Imbabazi)
Collins Mwai