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BRANCH BANKING | Staff Reporter, Malaysia

RHB Bank opens second branch in Lao PDR

The Sithan Neua Branch will serve both business and individual customers.

According to a release, RHB Bank Lao Limited, a member of the RHB Banking Group Malaysia’s fourth largest fully integrated financial services group, officially opens its second branch in Lao PDR.

The grand opening of the Sithan Neua Branch was officiated by Her Excellency, Mdm Vathana Dalaloy , Deputy Governor of the Bank of Lao PDR and was attended by His Excellency Dato’ Than Tai Hing, Malaysian Ambassador to Lao PDR and Tan Sri Azlan Zainol, Chairman of RHB Banking Group.

The Sithan Neua Branch will serve both business and individual customers, providing a full spectrum of financial solutions including deposit products, Remittances, ATMs, various loan facilities as well as foreign exchange. Additionally, RHB will also be providing Loans and Trade Finance to enterprises which produce goods for domestic consumption and export, as well as to importers, to enable enterprises to expand their businesses and in the process help create jobs and income for the community.

To mark its growing footprint in Lao, RHB is offering a 6-month deposit campaign. Customers and businesses that open a Savings or Current Account or Fixed Deposits for a minimum of three months with the bank will be presented with attractive gifts.

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