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ACLEDA Bank Lao Ltd., Launches Credit Registration through ACLEDA mobile Application

March 12, 2021

ACEDA Bank Lao Ltd. 'ABL', the bank you can trust the bank for the people and vision to be the leading SME bank in the Lao PDR. Launches credit registration through ACLEDA mobile application to facilitate those who need fund but do not have more time to register for a loan at the bank. Therefore, customers who use ACLEDA mobile of ABL and want to get a loan with the bank, you can register yourself in a very easy and fast way.

Managing Director and CEO of ACLEDA Bank Lao Ltd., Mr. Raksmey NGUON, said the demand for capital continue to increase and ABL is ready to provide loan to customers at all level for the capital need and business expansion properly. He adds that ACLEDA Bank Lao focuses on lending facility in the diversified way for all MSMEs and also large scale businesses in the Lao PDR as a whole.

Mr. Thanomchith WARINTHRASAK, Head of Credit Department, raise that ACLEDA Bank Lao Ltd. has served the public in a fast and more convenient way with enough sources of funds. Last year, ABL has disbursed loan to over 15.820 household and has loan outstanding 1.368 billion kip and ABL plans to disburse loan about 1.097 billion kip to all sectors across the country by 2021. In particular medium and large scale business, each customer can borrow from ACLEDA Bank Lao up to 22 billion kip according to customer profile. All MSMEs entrepreneurs can get small or medium loans. Therefore, customers who want to borrow money can register for a loan through the ACLEDA mobile app at anytime. "The Bank serves all customers with the credit process in a faster and transparency way" he added.

Currently, more than 69.000 customers use ACLEDA mobile application, a real bank in your hand, which allows customers to make transactions anywhere anyday anytime with multi functions such scan QR code to pay, money transfer, mobile top up, bill payment, check balance, exchange rate and other service will be available soon.

Regionally, ACLEDA Group has ACLEDA Bank Plc., as parent company, and four subsidiaries operating in Cambodia, Lao PDR and Myanmar. The Group has total assets over US$ 6.6 Billion and operates in 319 branches-offices, 809 ATMs and serving millions' customers and remittance services worldwide.

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Colour of ACLEDA Bank's logo are White, Gold, and Blue.

  • White: Ethics (transparency, honesty and integrity)
  • Gold: Value and quality
  • Blue: Unity, stability and wellbeing

The combine of the three colours presents seeds and resources with sustainable growth and development in financial sector.

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