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| Name | Requirement on applying reserve fund for loss and rehabilitation |
|---|---|
| Description | In the event of losses, a Deposit-Taking Microfinance Institution shall apply the regulatory reserve funds as decided by the board of directors or, if the reserve funds are insufficient to offset the losses, increase the share capital. |
| Comments | - |
| Validity From | 20-06-2008 |
| Validity To | 31-12-9999 |
| Reference | Article 54 |
| 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 |