Name | Foreign Commercial Banks to obtain approval to estbalish local branches |
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Description | A foreign commercial bank that wishes to establish its branch offices or affiliates in the Lao PDR shall have the written consent of its home country supervisor. |
Comments | - |
Validity From | 26-12-2006 |
Validity To | 31-12-9999 |
Reference | Article 10 |
Status | Active |
Measure Type | Authorization / permit requirements |
Agency Name | Bank of the Lao PDR |
Legal Document | Law On Commercial Banks No. 03/NA, dated 26 December 2006 |