Rwanda: National Bank of Rwanda Signals Commercial Banks to Increase Lending

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National Bank of Rwanda (BNR) has signaled commercial banks to consider increasing loans issuance after revising downwards the key repo rate from 6.5 per cent to 6.25 per cent. The key repo is the rate at which the central bank lends money to commercial banks. The rate had remained unchanged at 6.5 per cent since mid-2014.…

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