Amid these developments, there have been other equally important developments in form of massive investment in human capital accumulation in the sector, leveraging of technology to deliver better services, and continued innovation to meet user demands as evidenced by some new products such as internet banking and mobile banking, dedicated products for SME’s, credit cards, points of sale services with major service providers and retailers, etc.
It is in this regard that I wish to appreciate and applaud KfW/GTZ/GIZ whose programs in microfinance, rural and agricultural finance and setting up of the credit reference bureau have contributed towards improvements in the sector and augur well for future improvements to the sector.