Challenges for Laos in its Adoption of International Financial Regulatory and Accounting Standards
The Bank of the Lao PDR (BOL) has long set its sights on modernizing the Laos banking sector.
The Bank of the Lao PDR (BOL) has long set its sights on modernizing the Laos banking sector.
This paper formulates a Bank Vulnerability Index (BVI) for ASEAN+3 banks and banking systems to facilitate the early detection of vulnerabilities for a more informed approach to surveillance and policymaking.