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| Name | Requirement for change in legal status if entity exceeds prescribed revenue |
|---|---|
| Description | Non-Deposit Taking Microfinance Institution must convert to a Deposit-Taking Microfinance Institution or a Savings and Credit Union if it wishes to take voluntary deposits in excess of two hundred (200) million kip or generates annual revenues of more than one (1) billion kip. License may be revoked for non-compliance |
| Comments | - |
| Validity From | 20-06-2008 |
| Validity To | 31-12-9999 |
| Reference | art 20, 73 |
| Status | Active |
| Measure Type | Numerical restrictions (operation / output) |
| Agency Name | Bank of the Lao PDR |
| Legal Document | Regulation For Non-Deposit Taking Microfinance Institutions No. 02/BoL, dated 20 June 2008 |
Showing 1 - 2 of 2 items
| Description |
|---|
| Banking and other financial services (excluding insurance) |
| Other Financial Services |