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NameIndepedence of a Finance Leasing Company from a Commercial Bank
DescriptionA commercial bank has the right to establish a Finance Lease Company which must be a financially independent juristic entity separate from the concerned bank.
Comments-
Validity From18-02-1999
Validity To31-12-9999
ReferenceArtcle 12
StatusActive
Measure TypeForm of establishment
Agency NameBank of the Lao PDR
Legal DocumentDecree On Financial Leasing No. 11/PM, dated 18 February 1999
This measure applies to Service