Name | Requirement to get approval to hold or transfer shares |
---|---|
Description | Commercial 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 From | 26-12-2006 |
Validity To | 31-12-9999 |
Reference | Article 48 |
Status | Active |
Measure Type | Authorization / permit requirements |
Agency Name | Bank of the Lao PDR |
Legal Document | Law On Commercial Banks No. 03/NA, dated 26 December 2006 |