By participating in the programs, the Companies/Suppliers will...
Commercial Bank
#398, Corner of Dongpalane and Dongpina Road, Unit 20, Phonesavanh Neua Village, Sisattanak District, Vientiane Capital, Lao PDR. acledabank@acledabank.com.la Tel: +856 (0)21 416 999
Country: Laos |
Service Region: Laos,Cambodia |
Green Financing Product: In September 2014, SMBC acquired a 12.25% stake in ACLEDA Bank, further strengthening their partnership, which commenced in August 2012 with the signing of the business corporation agreement by the two banks. In view of the strategically important location of Laos in the Mekong region, which is experiencing a rapid economic growth, the two banks decided to expand their business cooperation into the country. The expansion will enable SMBC to support corporate clients seeking business opportunities in Laos by introducing them to the banking subsidiary of ACLEDA Bank, ACLEDA Bank Lao Ltd. We will continue to actively implement initiatives to support the activities of our clients in the fast-growing Mekong region. |
Key Feature: Standard commercial banking terms; specific project details not publicly disclosed |
Eligibility Criterion: Standard corporate lending criteria |
Target Sector: Various sectors including manufacturing and services |
Target Audience: Corporations, SMEs |
Measured Impact: Not specified |
Recognition: Recognized under Japanese banking regulations |
Advisory Service: Offers customer support through regional offices |
Technological Integration: Employs advanced banking technologies |
Reference: https://www.smbc.co.jp/news_e/html/e200290/e200290_01.html |
Reference2: https://www.acledabank.com.kh/kh/assets/pdf_zip/ACLEDA-Sustainability-Report-2023-Eng.pdf |