ACLEDA to open more institutions across Laos

ACLEDA Bank plans to open a new branch and two more service posts in Laos by the end of this year, Yin Virak, a vice president and the head of international cooperation, said Monday.

ACLEDA Bank’s Laos subsidiary operates a headquarters in the capital, Vientiane, three branches and five service posts. Yin Virak said the bank had already received the licences and would open the two service posts in Vientiane – one in October and the other in November.

The new branch would be opened in Khammouan province, in central Laos, in November.“The expansion is part of our planned strategy to meet the financial needs of Laos, and our expansion will cover Laos nationwide soon,” he said. Click to read more...