BANKING IN DUSTRY: Non Performing Loans in Banks now at 9.3 percent

The report says that collected loans rose from Rwf307.6 million in 1999 to Rwf837.0 million in 2000 and Rwf1.8 b in 2001. In 1995, when the economic activity was at the verge of recovery and just a year after the 1994 Genocide against the Tutsi, the banking sector was almost collapsing, says the National Bank of Rwanda.
Governor of Bank of Rwanda, Franu00e7oise Kanimba (File photo)
Governor of Bank of Rwanda, Franu00e7oise Kanimba (File photo)
Times Reporter