06 November 2012

Rapid increase in financial access in Rwanda

Impressive results from the 2012 Finscope survey for Rwanda. Since 2008, access to commercial banks has increased by 60%, access to other non-bank formal financial services (e.g. Savings And Credit Co-operatives (SACCOs)) increased by 275%, and total financial exclusion has fallen by almost half. Someone is doing something right.

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