Name | Indepedence of a Finance Leasing Company from a Commercial Bank |
---|---|
Description | A 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 From | 18-02-1999 |
Validity To | 31-12-9999 |
Reference | Artcle 12 |
Status | Active |
Measure Type | Form of establishment |
Agency Name | Bank of the Lao PDR |
Legal Document | Decree On Financial Leasing No. 11/PM, dated 18 February 1999 |