On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new non-bank financial institutions in Vientiane Capital.
Effective from the announcement date onwards, the suspension applies to both domestic and foreign investors seeking to establish deposit-taking microfinance institutions, non-deposit-taking microfinance institutions, and pawnshops in the capital.
BoL said...
Abstract: The cryptocurrency market was sluggish in the first half of 2020 and gradually reversed in the second half of the year. Traditional industry...