Official Website
Lao Services
Portal
Portal
View Service Measure
| Name | Establishment of a provision account |
|---|---|
| Description | Commercial Banks shall have a provision account for classified and non-performing loans in accordance with the prescribed procedures described in this law. |
| Comments | - |
| Validity From | 11-05-2004 |
| Validity To | 31-12-9999 |
| Reference | Article 7 |
| Status | Active |
| Measure Type | Other measures |
| Agency Name | Bank of the Lao PDR |
| Legal Document | Regulation on Loan Classification requirement for Commercial Banks which are under the Supervision of the Bank of the Lao PDR No. 06/BoL, dated 11 May 2004 |