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| Name | Dealing with interest for non-performing loans |
|---|---|
| Description | Savings and Credit Unions, if using accrual basis accounting, shall discontinue charging further interest on non-performing loans and shall also reverse the amount of previous recorded accrued interest which has not actually been received and recorded in the income statement |
| Comments | - |
| Validity From | 03-06-2008 |
| Validity To | 31-12-9999 |
| Reference | Article 46 |
| Status | Active |
| Measure Type | Other measures |
| Agency Name | Bank of the Lao PDR |
| Legal Document | Regulation For Savings and Credit Unions No. 03/BOL, dated 3 June 2008 |