Name | Requirement to maintain monetary reserves |
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Description | Institutions must establish regulatory reserve of at least 5 percent of the annual profit after tax until the value of the mandatory reserve reaches 20 percent of the capital |
Comments | - |
Validity From | 20-06-2008 |
Validity To | 31-12-9999 |
Reference | art 53 |
Status | Active |
Measure Type | Minimum capital requirements |
Agency Name | Bank of the Lao PDR |
Legal Document | Regulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 2008 |
Description |
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Banking and other financial services (excluding insurance) |