Not only would that increase the moral hazard -- and the need for bank-like supervision -- but it would also unbalance the competitive playing field between bank subs and independent firms engaging in the same business, a strange result for legislation whose ultimate purpose is to increase the competition for financial services.
The Bank thus hosted delegations from the central banks of Kenya, Rwanda, Uganda, Ethiopia, Seychelles and Nigeria during the year. Mauritius Credit Information Bureau We have extended the coverage of the Mauritius Credit Information Bureau to have a complete picture of the problem of multi-borrowing and over-indebtedness in the country.