BANKS LAOS

Banks Laos
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BANKS LAOS


The Bank of Lao PDR  
A banking law enacted in June 1990 established the Bank of Lao PDR (BOL) as the central bank, granting it licensing, supervision, and prudential regulatory powers over financial formal institutions within a two tier banking system. The Bank of Lao PDR is the country's central bank and is also the bank of last resort, responsible for control of the money supply, managing reserves, and supervision of commercial banks.





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BANKS LAOS