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| Name | Requirement on using mandatory reserve fund for loss and rehabilitation |
|---|---|
| Description | In the event of losses that do not originate from the loan portfolio or that originate from the loan portfolio but cannot be covered by existing or new provisions for losses, a Savings and Credit Union shall apply the mandatory reserve funds as decided by the board of directors. |
| Comments | - |
| Validity From | 03-06-2008 |
| Validity To | 31-12-9999 |
| Reference | Article 55 |
| Status | Active |
| Measure Type | Other measures |
| Agency Name | Bank of the Lao PDR |
| Legal Document | Regulation For Savings and Credit Unions No. 03/BOL, dated 3 June 2008 |