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NameRequirement on maximum voluntary deposits for Non-Deposit Taking Microfinance Institutions
DescriptionNon-Deposit Taking Microfinance Institution is allowed to accept and receive Voluntary Deposits not exceeding 200 million Kip in aggregate and in excess of 10 million Kip per depositor unless specifically authorised in writing to do so by the Bank of Lao PDR.
Comments-
Validity From20-06-2008
Validity To31-12-9999
ReferenceArticle 14
StatusActive
Measure TypeNumerical restrictions (other)
Agency NameBank of the Lao PDR
Legal DocumentRegulation For Deposit-Taking MFIs No. 04/BOL, dated 20 June 2008
Related Procedures
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NameDescriptionCategory TypeView Procedure Detail with Relevant Forms
Procedures for establish none-taking deposit micro finance instituteProcedureProcedure
This measure applies to Service