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
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...