Name | Requirement for Repayment of Non-Performing Loans Classified as a Loss |
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Description | For any received repayment from loans which are classified as non-performing and a loss, the Deposit-Taking Microfinance Institution shall first apply such repayment to any outstanding interest and any balance shall be deducted unpaid principal |
Comments | - |
Validity From | 20-06-2008 |
Validity To | 31-12-9999 |
Reference | Article 45 |
Status | Active |
Measure Type | Other measures |
Agency Name | Bank of the Lao PDR |
Legal Document | Regulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 2008 |