ສມກຈ - ສະມາຄົມການເງິນຈຸລະພາກ

LMFA - Lao Microfinance Association

Decrees and Regulations

Association Decree Download

This decree determines rules, regulations and measures regarding establishment, activities and administration of cooperatives in the Lao PDR in order to assist and support small commercial entrepreneurs in collectivity being competitive, cooperating and helping each others, growing in production for trade and establishing income, contributing in alleviation of poverty and improving living conditions of the people.

Decree on Cooperatives (No 136/PM 2010) Download

Implementation guidelines of Decree on Microfinance Institutions (number 01/BOL), Vientiane Capital, date 19 APR 2016 download
Decree on Microfinance Institutions (number 460/G), Vientiane Capital, dated 03 October 2012 download

Microfinance Regulations

Regulation for Deposit- Taking Microfinance Institutions (No. 04/BOL 2008)

This Regulation regulates the establishment and operations of Deposit-Taking Microfinance Institutions in the Lao PDR by outlining measures aiming to (1) safeguard financial system in the country ensuring that Deposit-Taking Microfinance Institutions operate in a safe and prudent manner and (2) protect the rights of depositors. “Deposit-Taking Microfinance Institution” means an institution that has been granted a Licence by the Bank of Lao PDR in accordance with the provisions of this Regulation. For a more extensive definition of Deposit- Taking MFIs and which rights and duties they have and must adhere to, please read the regulation attached.

Click here to download the regulation and licensing formats.


Regulation for Non-Deposit- Taking Microfinance Institutions (No. 02/BOL 2008)

This Regulation regulates the establishment and operations of Non-Deposit Taking Microfinance Institutions within the territory of Lao PDR by outlining measures aiming at sustainability and harmonization in implementation. “Non-Deposit Taking Microfinance Institution” means an institution that has been issued a Certificate of Registration, prohibiting the acceptance of voluntary deposits from general public as stipulated in Article 14 of this Regulation, by the Bank of Lao PDR. For a more extensive definition of Non-Deposit- Taking MFIs and which rights and duties they have and must adhere to, please read the regulation attached.

Click here to download the regulation and registration formats.


Regulations for Savings and Credit Unions (No. 03/BOL 2008)

This Regulation regulates the establishment and operations of Savings and Credit Unions within the territory of Lao PDR by outlining measures aiming at sustainability and harmonization in implementation. “Savings and Credit Union” means a group cooperative formed in the Lao PDR for the purpose of operating and carrying out the activities of a Savings and Credit Union that has been granted a License by the Bank of Lao PDR in accordance with this Regulation. For a more specific definition of Savings and Credit Unions and which laws they must adhere to, please read the regulation attached.

Click here to download the regulation and licensing formats.

MFI_Chart of account 

Click here to download the regulation and licensing formats.

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