Bank of Lao PDR definition

Bank of Lao PDR means the Borrower’s central bank, or any successor
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Bank of Lao PDR means the Recipient’s central bank, or any successor thereto.
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Bank of Lao PDR means the Borrower’s central bank, organized and operating pursuant to the Borrower’s Law No. 05/95/NA, dated October 14, 1995, as amended;
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Examples of Bank of Lao PDR in a sentence

  • It is mainly based on the obligation and issuance of bonds of the Bank of Lao PDR while credit and marketing officers may not yet use them.

  • In the event that the Project Company wishes to obtain loans from sources outside of the Lao PDR, Project Company shall comply with the regulations of the Bank of Lao PDR.

  • The kip exchange rate has stayed in a very narrow band, and the Bank of Lao PDR (BOL) has maintained monetary stability.

  • The central bank - the Bank of Lao PDR (BOL) - was in charge of monetary policy and supervised the banking sector pursuant to Law No. 05/95 "On the Bank of Lao PDR" of 14 October 1995 with amendments of 14 October 1999.

  • The incidence of double-digit inflation and sharp exchange rate depreciation were at its worse in the late 1990s, when the Bank of Lao PDR resorted to monetizing the budget deficit.

  • In the absence of full convertibility, the Bank of Lao PDR used exchange rates from international and domestic (official and parallel) markets to calculate a weighted average exchange rate between the Lao kip and the US dollar at the end of each trading day.

  • The project has a UNCDF Chief Technical Advisor on site and is overseen by the Bank of Lao PDR.

  • The Finance, Public Works and Transport, Public Health, Education and Sports, Agriculture and Forestry, Posts and Telecommunications, Science and Technology, Energy and Mines sectors, the Bank of Lao PDR, other sectors, relevant organizations and local administrations shall have the rights and duties to administer the competition activities, cooperate and coordinate with the Industry and Commerce sector in accordance with their roles and responsibilities.

  • Any enterprise can borrow money from commercial banks and financial institutions in Lao PDR in accordance with the regulations of the respective commercial banks and from overseas sources as set forth in the laws and regulations of the Bank of Lao PDR.

  • Cash and cash equivalents as referred to in the interim consolidated statement of cash flows comprises cash on hand, current account with the Bank of Lao P.D.R (“the BOL”) and amounts due from banks on demand or with an original maturity of three months or less.


More Definitions of Bank of Lao PDR

Bank of Lao PDR means the central bank of the Borrower established pursuant to the State Banking Act dated November 27, 1990;
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Related to Bank of Lao PDR

  • Bank of America means Bank of America, N.A. and its successors.

  • JPMorgan means JPMorgan Chase Bank, N.A.

  • Citibank means Citibank, N.A.

  • Wells Fargo Bank Wells Fargo Bank, N.A., or its successor in interexx.

  • JPMCB means JPMorgan Chase Bank, N.A.

  • Bank Office means the designated office for payment of the Bank as indicated on the signature page hereof. The Bank will notify the Issuer in writing of any change in location of the Bank Office.

  • Overnight Bank Funding Rate means, for any day, the rate comprised of both overnight federal funds and overnight Eurodollar borrowings by U.S.-managed banking offices of depository institutions, as such composite rate shall be determined by the NYFRB as set forth on its public website from time to time, and published on the next succeeding Business Day by the NYFRB as an overnight bank funding rate.

  • Wells Fargo means Wells Fargo Bank, National Association.

  • JPMorgan Chase means JPMorgan Chase Bank, N.A. and its successors.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • PNC Bank means PNC Bank, National Association.

  • Mizuho means Mizuho Bank, Ltd.

  • National Credit Act means the National Credit Act, 2005 (Act No. 34 of 2005);