News

Rwanda: Regulator Urges Development of Finance Partnerships

A top executive from Rwanda’s central bank pointed to the importance of strong partnerships between the public sector and private sector – both MNOs and traditional banks – to accelerate financial inclusion.

National Bank of Rwanda deputy governor Monique Nsanzabaganwa said the organization had worked hard to ensure a “level playing field” for mobile money operators and mainstream banks. It also actively engaged with the two in a bid to meet its target of achieving 90 percent financial inclusion in the country by 2020.