Bank of the Lao P.D.R.
The Bank of the Lao P.D.R. is the central bank of Laos, responsible for managing the country's monetary policy and financial system. Established in 1990, it aims to promote economic stability and growth by regulating currency issuance, overseeing banks, and managing foreign exchange reserves.
In addition to its monetary functions, the bank plays a crucial role in fostering financial inclusion and supporting the development of the banking sector in Laos. It also collaborates with international organizations to enhance the country's financial infrastructure and improve economic resilience.