Lao People’s Democratic Republic: Technical Assistance Report-Risk-Based Banking Supervision
Electronic Access:
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Summary:
The Banking Supervision Department (BSD) of the BoL is implementing risk-based supervision (RBS) methods. BoL staff are showing favorable results in understanding and applying RBS, recognizing that they are still in the early stages of capacity development. A new commercial banking law became effective in June 2019. The law incorporates expectations that financial institutions establish appropriate risk management systems and maintain adequate capital and liquidity. The law also gives the BoL purview over the adequacy of risk management in banks.
Series:
Country Report No. 2020/206
Subject:
Asset and liability management Bank legislation Bank supervision Banking Commercial banks Financial institutions Financial regulation and supervision Foreign banks Liquidity indicators Liquidity management Loans
English
Publication Date:
June 18, 2020
ISBN/ISSN:
9781513548012/1934-7685
Stock No:
1LAOEA2020001
Pages:
25
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