CRB to reduce non-performing loans
The Credit Reference Bureau (CRB) that will be established this year is expected to lower the level of non-performing loans within lending financial institutions, Central Bank Vice Governor, Amb. Claver Gatete, has said. He said there is high risk associated with banks lending to bad debtors due to lack of enough information about particular clients.
Central Bank Vice Governor, Amb. Claver Gatete