Rwandans credit worthiness improves

Credit worthiness of Rwandans has improved ever since the credit reference system was launched two years ago.

Credit worthiness of Rwandans has improved ever since the credit reference system was launched two years ago.

This was disclosed on Monday during launch of one-month campaign coded “Step Forward: I have a clean record. Do you? -meant to boost people's use of the credit registry information.

 

As of December last year, non-performing loans were at 6.1% compared to 8.1% of 2011, an achievement the Central Bank attributes to the credit reporting system.

 

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