Non performing loan above BNR limit

The ratio of non-performing loans (NPL) to the total loan portfolio of banks in Rwanda has risen to 13.1 percent from 12.6 percent in 2008, above the Central Bank’s requirement of less than 10 percent. The National Bank of Rwanda (NBR) data shows that by the end of December 2009 commercial banks’ consolidated net NPL ratio, which reflects loans in default or close to being default, was 11.3 percent.