The Bank of the Lao held its annual review meeting on regulation, monitoring and inspection work for commercial banks and other supervised entities, taking stock of 2024 outcomes and setting the direction and work plan for 2025. Chaired by Khamkeo Vissisombath, Head of the Commercial Bank Supervision Department, the one-day meeting brought together relevant departments, regional branches and technical staff to assess last year’s supervisory performance, draw lessons from coordination between central and local levels and refine the 2025 implementation plan. The 2025 priorities include completing implementation of risk-based supervision and Basel II in line with the plan, and strengthening supervision of all forms of commercial banks across both central and local levels to support financial stability and a sound banking system.
Bank of the Lao 2025-01-24
Bank of the Lao reviews 2024 commercial bank supervision and sets 2025 priorities including Basel II and risk-based supervision
The Bank of the Lao conducted its annual review meeting to evaluate 2024 regulatory and supervisory outcomes and establish the 2025 work plan. Key priorities include completing risk-based supervision and Basel II implementation, and enhancing oversight of commercial banks to ensure financial stability.