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NameRequirement to get approval to hold or transfer shares
DescriptionCommercial Banks Holding or transfering more than ten percent of common shares in a commercial bank shall require the written authorisation of the Bank of the Lao PDR.
Comments-
Validity From26-12-2006
Validity To31-12-9999
ReferenceArticle 48
StatusActive
Measure TypeAuthorization / permit requirements
Agency NameBank of the Lao PDR
Legal DocumentLaw On Commercial Banks No. 03/NA, dated 26 December 2006
This measure applies to Service