The need for the Bank of the Lao People’s Democratic Republic (BOL) to rigorously supervise and control the banking system and acquire adequate capacity to do so in terms of staff and skills. The lack of capacity partly explains continuing weak financial positions and nonperforming loans of state-owned commercial banks.
Project Name
Banking Sector Reform Program
Project Number
33359-013
Report Date
Report Source
Validation of self-evaluation
Country
Sector