Rwandan Bank Profits Up As US Retail Sinks

Rwandan Banks are managing to report profits in spite of growing loan defaults with the Bank of Kigali reporting a 6.8 million US dollar profit in the first quarter of 2017 (archived).

Meanwhile the larger retail sector in the United States appears to be following the lead of Sears into greater and greater losses. Retailers and their companion, the "casual restaurant", are continuing to close locations as they are running out of consumer dollars to extract in the United States.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>