List of banks in Laos

Last updated

This is a list of banks in Laos. [1]

Contents

Central bank

Commercial banks

Government-owned banks

NameAbbv.EstablishedCapitalWebsiteNotes
Banque pour le Commerce Exterieur Lao PublicBCEL2 December 1975 Flag of Laos.svg bcel.com.la
Lao Development BankLDB9 April 2003 Flag of Laos.svg ldblao.la
Agricultural Promotion BankAPB19 June 1993 Flag of Laos.svg apb.com.la
Specialized banks
Nayoby BankNBB15 September 2006 Flag of Laos.svg nbb.com.la
Joint-state banks
Lao-Viet BankLVB22 June 1999 Flag of Laos.svg - Flag of Vietnam.svg laovietbank.com.la Agreement between BCEL and BIDV
Banque Franco-LaoBDLOctober 2008 Flag of Laos.svg - Flag of France.svg bfl-bred.com Agreement between BCEL and BRED
Lao China BankLCNB22 January 2014 Flag of Laos.svg - Flag of the People's Republic of China.svg laochinabank.com Agreement between BCEL and Fudian Bank

Private banks

NameAbbv.EstablishedMajority OwnerCapitalWebsite
Joint Development BankJDB21 January 1989Simoung Group Flag of Laos.svg jdbbank.com.la
Phongsavanh Bank29 March 2007Phongsavanh Group Flag of Laos.svg phongsavanhbank.com
Indochina Bank6 February 2009LVMC Holdings [2] Flag of South Korea.svg indochinabank.com
Booyoung Lao BankSeptember 2007Booyoung Group [3] Flag of South Korea.svg booyoungbank.com
Maruhan Japan Bank LaoMJBFebruary 2013 Maruhan Flag of Japan.svg maruhanjapanbanklao.com
Bank for Investment and CommerceBIC22 June 2017AIF Group Flag of Laos.svg biclaos.com
ST Bank3 July 2009ST Group Flag of Laos.svg stbanklaos.la
Subsidiary banks
ACLEDA Bank Lao26 December 2007 ACLEDA Bank Flag of Cambodia.svg acledabank.com.la
RHB Bank Lao6 May 2014 [4] RHB Bank Flag of Malaysia.svg rhbgroup.com/laos
Kasikornthaibank LaoKBank14 November 2014 [5] Kasikornbank Flag of Thailand.svg kasikornbank.com.la
Saigon Thuong Tin Bank LaoSacombank12 December 2008Sacombank Flag of Vietnam.svg sacombank.com.la
VietinBank Lao27 January 2012 VietinBank Flag of Vietnam.svg vietinbank.com.la
Vietcombank LaoVCB19 October 2018 [6] Vietcombank Flag of Vietnam.svg
Canadia Bank Lao1 September 2009 Canadia Bank Flag of Cambodia.svg canadiabank.com.la
Saigon-Hanoi Bank LaoSHB15 January 2016SHB Bank Flag of Vietnam.svg shb.la

Defunct bank(s)

Foreign banks

NameAbbv.Branch(es)Capital
Bangkok Bank Vientiane Flag of Thailand.svg
Pakse
Krungthai Bank KTB Vientiane Flag of Thailand.svg
Savannakhet
Bank of Ayudhya Krungsri Vientiane Flag of Thailand.svg
TMBThanachart Bank TTB Vientiane Flag of Thailand.svg
Siam Commercial Bank SCB Vientiane Flag of Thailand.svg
Public Bank Vientiane Flag of Malaysia.svg
Pakse
Savannakhet
Military CJS BankMB Vientiane Flag of Vietnam.svg
Industrial and Commercial Bank of China ICBC Vientiane Flag of the People's Republic of China.svg
CIMB Thai Vientiane Flag of Thailand.svg
Cathay United Bank CUBC Vientiane Flag of the Republic of China.svg
Bank of China BOC Vientiane Flag of the People's Republic of China.svg
First Commercial BankFCB Vientiane Flag of the Republic of China.svg
Maybank Vientiane Flag of Malaysia.svg
Australia and New Zealand Banking Group ANZ Vientiane Flag of Australia (converted).svg
Taiwan Cooperative Bank TCB Vientiane Flag of the Republic of China.svg

Related Research Articles

Laos Country in Southeast Asia

Laos, officially the Lao People's Democratic Republic, is a socialist state and the only landlocked country in Southeast Asia. At the heart of the Indochinese Peninsula, Laos is bordered by Myanmar and China to the northwest, Vietnam to the east, Cambodia to the southeast, and Thailand to the west and southwest. Its capital and largest city is Vientiane.

Economy of Laos Economy of the country

The economy of Laos is a lower-middle income developing economy. Being one of the socialist states, the Lao economic model resembles the Chinese socialist market and/or Vietnamese socialist-oriented market economies by combining high degrees of state ownership with an openness to foreign direct investment and private ownership in a predominantly market-based framework.

Foreign relations of Laos

The foreign relations of Laos, internationally designated by its official name as the Lao People's Democratic Republic, after the takeover by the Pathet Lao in December 1975, were characterized by a hostile posture toward the West, with the government of the Lao People's Democratic Republic aligning itself with the Soviet bloc, maintaining close ties with the Soviet Union and depending heavily on the Soviets for most of its foreign assistance. Laos also maintained a "special relationship" with Vietnam and formalized a 1977 treaty of friendship and cooperation that created tensions with China.

Lao language Kra–Dai language of Southeast Asia

Lao, sometimes referred to as Laotian, is a Kra–Dai language of the Lao people. It is spoken in Laos, where it is the official language for around 7 million people, as well as in northeast Thailand, where it is used by around 23 million people, usually referred to as Isan. Lao serves as a lingua franca among the citizens of Laos, who also speak approximately 90 other languages, many of which are unrelated to Lao.

Green papaya salad Spicy salad made from unripe papaya

Green papaya salad is a spicy salad made from shredded unripe papaya, that possibly originated in Laos but nowadays is eaten throughout Continental Southeast Asia. The Thai variation som tam has been listed at number 46 on World's 50 most delicious foods compiled by CNN Go in 2011 and 2018. Papaya salad was featured as Laos' national costume at the Miss Grand International 2021 pageant.

National Assembly of Laos Parliament of Laos

The National Assembly is the unicameral parliament of Laos. The National Assembly meets in Vientiane.

Laos has 414 km (257 mi) of 1,435 mm standard gauge railways, primarily consisting of the Boten–Vientiane railway, which opened in December 2021. It also has a 3 km (2 mi) metre gauge railway at Thanaleng terminus connected to Thailand's railway system.

Vientiane Capital and chief port of Laos

Vientiane is the capital and largest city of Laos, Vientiane divided Administratively divided into 9 cities.as a total area of only approx 3,920 Square kilometres Located on the banks of the Mekong Close to the Thai border. Vientiane was the administrative capital during French rule and, due to economic growth in recent times, is now the economic center of Laos. The city had a population of 948,477 as of the 2020 Census.

Thanaleng railway station

Thanaleng station, also known as Dongphosy station, is a railway station in Dongphosy village, Hadxayfong District, Vientiane Prefecture, Laos. It is 20 km (12 mi) east of the Lao capital city of Vientiane and 4 km (2.5 mi) north of the Lao-Thai border on the Mekong River. The station opened on 5 March 2009, becoming part of the first international railway link serving Laos. Originally intended for use as a passenger station, Lao officials have stated their intention to convert it to a rail freight terminal to provide a low-cost alternative to road freight, the main mode of transport for goods entering Thailand. The station provides a connection between Vientiane and the capital cities of three other ASEAN nations: Thailand, Malaysia, and Singapore, and several major Southeast Asian ports.

Lao Central Airlines Public Company, operating as Lao Central Airlines, was an airline in Laos with its head office in Wattayyaithong Village, Sikhottabong District, Vientiane. The airline was founded in 2010, and ceased operations in 2014.

This page describes energy and electricity production, consumption and import in Laos.

Attapeu province Province of Laos

Attapeu is a province of Laos in the southeast of the country. It has five districts: Samakkixay, Xaysetha, Sanamxay, Sanxay, and Phouvong, covering an area of 10,320 square kilometres (3,980 sq mi) with a population of 127,285. Its capital city lies at Attapeu.

Savannakhet province Province of Laos

Savannakhet is a province of Laos. The name derives from Savanh Nakhone the province's original name. It bears the same meaning as Nakhon Sawan, a city in Thailand.

Lao Premier League Football league

The Lao League 1, known for sponsorship reasons as the Pepsi Lao League 1, is a football league representing the sport's highest level in Laos. The league is composed of five clubs for the 2022 season.

Bank of the Lao P.D.R. Central Bank of Laos

Bank of the Lao P.D.R., located in Vientiane, is the central bank of Laos. It is also the bank of last resort, controlling the money supply, managing the country's reserves, and supervising the commercial banks operating in Laos.

Pany Yathotou is a Laotian politician and member of the Lao People's Revolutionary Party.

Boten–Vientiane railway Laos-China railway

The Boten–Vientiane railway is a 422-kilometre (262 mi) 1,435 mmstandard gauge electrified railway in Laos, running between the capital Vientiane and the town of Boten on the border with Yunnan, China. The line was officially opened on 3 December 2021.

Water supply and sanitation in Laos

Laos is a nation with plentiful surface water and broad rivers, but outside of cities there is little infrastructure to make that water clean and accessible. Very little improvement has been made since the end of the Laotian Civil War in 1975, especially compared to peer nations such as Thailand. By 2015, 76% of Laotians nationwide were estimated to have access to “improved” water, while 71% were estimated to have access to “improved” sanitation.

References

  1. "List of Banks". Bank of the Lao P.D.R. Retrieved 29 October 2021.
  2. LVMC Holdings - Lao PDR
  3. Booyoung Group - Global Business
  4. "RHB Bank receives licence to establish subsidiary in Laos". The Edge Markets. Retrieved 29 October 2021.
  5. "KBank opens in Vientiane". Bangkok Post. Retrieved 29 October 2021.
  6. "Vietcombank opens first overseas subsidiary in Laos". Vietnamplus.vn. Retrieved 29 October 2021.
  7. "Lao Construction Bank Depositors to Retrieve Funds Next Month". Laotian Times. Retrieved 29 October 2021.