Military Bank opens branch in Laos

MB’s new Laos branch will strengthen the ties and boost trade and investment relations between Vietnam and Laos. It also aims to better serve MB customers in Laos and enable the bank to expand its operation worldwide.

The Military Commercial Joint Stock Bank’s newly-launched branch is in Patuxay Building, 68th Kaysone Phomvihane Boulevard, Laos.

The branch has its initial investment capital of US$12 million and serves Vietnamese investors and local businesses as well as individual customers.

The services provided will include short, medium and long term investment loans for expanding production and import-export activities of economic institutions, remittance transfers and cards services.

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