The Bank of the Lao held its annual meeting between the central bank unit responsible for supervising non-bank financial institutions and its regional branches to review 2024 supervisory work and agree the direction and plan for 2025. The agenda focused on strengthening monitoring, inspection and supervision of non-bank financial institutions under CAMEL standards, improving compliance with laws and regulations, and prioritising remediation of a number of institutions with weak financial conditions alongside a rising trend in non-performing loans (NPLs). Chaired by a Deputy Governor, the one-and-a-half-day meeting reviewed progress in implementing directions issued at the 2023 meeting, received the 2024 supervision report and the 2025 work plan, and heard updates on supervisory activities from five regional branches. Participants also consulted on and exchanged views on issues encountered during implementation in 2024.
Bank of the Lao 2025-03-20
Bank of the Lao convenes annual supervisory meeting on non-bank financial institutions and sets 2025 priorities around CAMEL oversight and rising NPLs
The Bank of the Lao conducted its annual meeting to review 2024 supervisory work and set the 2025 agenda for non-bank financial institutions. Key focuses include enhancing monitoring under CAMEL standards, improving legal compliance, and addressing institutions with weak financial conditions amid rising non-performing loans. The meeting also reviewed progress from 2023 and discussed challenges faced in 2024.