ID :
164580
Mon, 02/28/2011 - 06:50
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https://oananews.org//node/164580
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Bank officials discuss loan management
VIENTIANE,FEB 25.(KPL) -) Representatives of commercial banks and the Financial Institute Management Department, Bank of the Lao PDR, met last Friday on loan management.
The meeting was aimed to encourage the exchange of viewpoints on loaning management between commercial banks affiliated to the Bank of the Lao PDR and relevant authorities of the BOL to ensure the loan management is in line with relevant legal instruments, according to an official.
The cooperation between the commercial banks and the Financial Institute Management Department in proper loan management is also to ensure quality and provision of diverse loans to contribute to socio-economic development in the country, said Mr. Akhom Praseuth, director of the Financial Institute Management Department. “The meeting would help the officials of the department and financial institutes understand rules and principles on provision of loaning services,” added the official.
The meeting was aimed to encourage the exchange of viewpoints on loaning management between commercial banks affiliated to the Bank of the Lao PDR and relevant authorities of the BOL to ensure the loan management is in line with relevant legal instruments, according to an official.
The cooperation between the commercial banks and the Financial Institute Management Department in proper loan management is also to ensure quality and provision of diverse loans to contribute to socio-economic development in the country, said Mr. Akhom Praseuth, director of the Financial Institute Management Department. “The meeting would help the officials of the department and financial institutes understand rules and principles on provision of loaning services,” added the official.
