Rwandan paper maps out path to financial inclusion
Vice-governor outlines the challenges ahead
Access to formal financial services in Rwanda doubled to 42% between 2008 and 2012, and is "on course" to reach the government target of 80% by 2017, according to research published by the central bank today.
The paper, produced by the vice-governor of the National Bank of Rwanda, Monique Nsanzabaganwa, based on a speech she gave in July, notes that raising awareness and understanding on the part of clients and providers is still a necessity in the country. "Like in any market, meaningful
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