Name | Extending credit to related parties |
---|---|
Description | Loans to related persons and members of the credit committee shall be approved by a majority of two-thirds of the members of the credit committee and the board of directors. |
Comments | - |
Validity From | 03-06-2008 |
Validity To | 31-12-9999 |
Reference | Article 44 |
Status | Active |
Measure Type | Authorization / permit requirements |
Agency Name | Bank of the Lao PDR |
Legal Document | Regulation For Savings and Credit Unions No. 03/BOL, dated 3 June 2008 |