Bank of the Lao P.D.R.

Bank of the Lao P.D.R.
Headquarters Vientiane, Laos
Established 7 October 1968
Central bank of Laos
Currency Lao kip
Website http://www.bol.gov.la

Bank of the Lao P.D.R., located in Vientiane, is the central bank of Laos. It is also the bank of last resort, controlling the money supply, managing the country's reserves, and supervising the commercial banks operating in Laos.

The bank is managed by an Executive Board, a Governor and a Deputy Governor. The current Governor is Somphao Phaysith; the Deputy Governor is Bounsong Sommalavong.

The Bank of Laos was formed on October 7, 1968 [1] and has been since operating in the country's capital.

References

  1. ↑ History of the Bank

External links

Coordinates: 17°57′57″N 102°36′25″E / 17.9658°N 102.6070°E / 17.9658; 102.6070

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