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NameForeign currency required to be recorded into national currency
DescriptionRequirement for banks to convert foreign currency denominated loans into Lao Kip in absence of income in foreign currency
Comments-
Validity From11-05-2004
Validity To31-12-9999
Referenceart 5
StatusActive
Measure TypePerformance requirements (mandatory)
Agency NameBank of the Lao PDR
Legal DocumentRegulation on Loan Classification requirement for Commercial Banks which are under the Supervision of the Bank of the Lao PDR No. 06/BoL, dated 11 May 2004
This measure applies to Service