KUALA LUMPUR, Nov 14 (Bernama) -- RHB Capital Bhd formally received a temporary approval letter from Bank of Lao People's Democratic Republic on Oct 29, 2013, to establish RHB Bank (Lao) Ltd.
"The incorporation of RHB Bank (Lao) shall commence in due course to fulfill its performance obligations (including the application to relevant authorities in Laos) within six months from the date of temporary approval," it said in a filing to Bursa Malaysia Thursday.
The temporary approval is valid until April 28, 2014.
