BSP Initiatives Test and Learn / Regulatory Sandbox With all these ongoing developments and milestones in fintech and payments, the BSP remains attentive to potential avenues by which we can further respond to the dynamic technology landscape while at the same time, adopting industry best practices.
I suspect the reduction in the size of non-performing loans in the books of most banks has had some positive impact on the level of lending rates. Hopefully with the reduction of non-performing loans on an industrywide basis would eventually help bring down lending rates in Mauritius thereby alleviating interest cost burden to the real sector of the economy.