Official Website
Lao Services
Portal
Portal
View Service Measure
| Name | Requirement for management of External borrowing |
|---|---|
| Description | External borrowing shall be placed in and used through a deposit account of the borrower opened in the commercial banks in the Lao PDR or withdrawn to exchange in kip for domestic payment, except circumstances of obtaining approval from the Bank of Lao PDR. |
| Comments | - |
| Validity From | 02-04-2010 |
| Validity To | 31-12-9999 |
| Reference | Article 20 |
| Status | Active |
| Measure Type | Limitations on transfer of funds |
| Agency Name | Bank of the Lao PDR |
| Legal Document | Instruction on Implementation of Decree Law on Management of Foreign Currency and Precious Metals No. 1/PC dated 17 March 2008 No. 01/BOL, dated 2 April 2010 |