Flash Report / Rwanda

Rwanda: Digital transactions value jumps 45% – positive for banks

  • Increase in transaction limits bolsters digital transaction growth
  • Investment in infrastructure now shifting to mobile platforms making way for accelerated mobile banking income
  • With banks now able to charge for digital transactions, we expect continued growth in fee and commission income in 2021
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a res...

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