Rwanda’s banks have benefited from the country’s rapid development since its genocide less than 20 years ago. With a high unbanked population and expectations of continued near double-digit economic growth, their rise is unlikely to slow soon. But the banks will have to boost their efficiency quickly if they want their profitability to match that of other east African lenders.
Africa
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Rwanda: A risk worth taking?
March 3, 2010Recognised as the world's top reformer by the World Bank last year, and a member of the East African Community since 2007, the outlook is certainly promising for Rwanda. But the opportunities also come with a high probability for risk. Writer Peter Guest
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