Households in aggregate are well positioned … First a bit of scene setting. If you have been reading our Financial Stability Reviews over the past few years you would be familiar with the theme of high household debt. The household credit-to-income ratio is currently around 150 per cent (Graph 1). ﻿[ 1] This is high relative to the early 1990s.
One notable achievement is that  Seychelles is the most financially included country in the SADC region, based on a study conducted in 2016. This means that our financial system is on the right path to ensure that all individuals and businesses have access to financial services and products that are affordable and that meets their specific needs.