Rwanda: Loans Getting Cheaper, Central Bank Says

16 November 2019

Rwandans can expect lending rates by local banks to go down over the coming months going by the current trend.

Rwandan banks' lending rates have begun showing a declining trend in response to lower central bank rate and have since declined to 16.47 per cent in the first three quarters of 2019 from 17.07 per cent in 2018.

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