01784cas a2200241 a 4500 AALejournalIMF003206 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451972870 1934-7456 BD-DhAAL BD-DhAAL Unteroberdoerster, Olaf. Banking Reform in the Lower Mekong Countries / Olaf Unteroberdoerster. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (26 pages) IMF Policy Discussion Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper reviews recent banking reform efforts in the lower Mekong countries (LMCs), comprising Cambodia, the Lao People's Democratic Republic, and Vietnam. Linked by close economic and cultural ties, the three LMCs face the dual challenge of economic development and transition to market-based economies. Two-tier banking systems were formally introduced in the late 1980s. However, state-owned banks with weak balance sheets continue to dominate the banking systems of Vietnam and Lao P.D.R. Cambodia's main challenge is to reconstruct a banking system after decades of civil strife. Based on progress made and brief cross-country comparisons, the paper identifies key challenges and options for further reform. Mode of access: Internet IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2004/005 Full text available on IMF http://elibrary.imf.org/view/journals/003/2004/005/003.2004.issue-005-en.xml IMF e-Library