Law on Commercial Bank (Amended)
商业银行法（修订版）
ກົດໝາຍວ່າດ້ວຍ ທະນາຄານທຸລະກິດ ( ສະບັບປັບປຸງ )
Summary
This Law prescribes the rules for the establishment, operation, and supervision of commercial banks, aiming to regulate commercial banking activities and ensure the stability of the financial system. This Law applies to commercial banks established within the territory of Laos, specifying their definitions, scope of business, and operational requirements, as well as stipulating the supervisory duties of the relevant competent authorities. Commercial banks must comply with all requirements of this Law to ensure compliant operations, safeguard the rights and interests of depositors, and maintain financial order.
Articles
Article 1
Article 1 Objective
This Law defines principles, regulations and measures on the establishment,
operations, management, monitoring, and inspection on commercial banks to enhance its
effective operations, stability and transparency aim at ensuring commercial banks to
grow steadily, modernize, to be safe and international integration; contributing to
maintain national financial-monetary stability and socio-economic development.
Article 2
Article 2 (Amended) Commercial Bank
A commercial bank is an authorized financial institution to operate banking
business such as deposit taking, providing loans, payment services, foreign exchange
services and other services as defined in the laws.
Commercial banks comprised of general commercial banks and specific
commercial banks.
Showing the first 2 of 114 articles. Open the LaoPaniti app for the full trilingual text.
Read the full trilingual text with AI explanation in the LaoPaniti app← LaoPaniti home: AI legal Q&A · contract drafting · Chinese-Lao translation