International Commercial Bank Lao Wins GBO 2016 Awards

International Commercial Bank Lao Limited provides banking and related financial services in the Lao People’s Democratic Republic. It offers various deposit products, including current, savings, education fund savings, and senior citizen savings accounts; and fixed deposits, fixed deposits with advanced interest, demand deposits, and term deposits.

The company also provides loans, such as vehicle/auto express loans, housing/shoplot/mortgage loans, and educational loan schemes; and other services comprising bills discounting and bank guarantees. In addition, it offers international banking services, such as inward and outward remittances, import/export collections, documentary letters of credit, and foreign currency operations. The company provides its products and services through head office and two branches located in Vientiane; and one branch located in Pakse.

The company is headquartered in Vientiane, the Lao People’s Democratic Republic. International Commercial Bank Lao Limited is as a subsidiary of Asia Investment and Financial Services Co., Ltd.

Mr. Zulkiflee Kuan Shun Abdullah, Chief Executive Officer of International Commercial Bank Lao Ltd. Upon receiving this award said “We are indeed honoured to win the “Best Retail Bank – Laos 2016″ award by Global Business Outlook. This would not be possible without the dedication, hard work and commitment from all the staff and the support from the stakeholders. It has been a great achievement for the Bank in 2016. The Bank has been accorded awards in the same category by 2 other international publications. These awards are recognition of their invaluable contribution to the Bank. The stakeholders share this award with all the staff and together we will continue to strive to provide Value Banking to our customers. ”