Acleda Bank Lao Ltd.

  • Active: Active
  • Region: Asia & Pacific
  • Country: Laos
  • Sector: Banking
  • Year: 2014
  • Domicile: Laos
  • Instrument: Loan
  • Commitment (MNOK) as of 30.06.2019: 89.4
  • Original Commitment (MNOK): 141.9

The market for financial services in Laos is underdeveloped and institutions such as the Bank are crucial to providing micro, small- and medium-sized enterprises (MSMEs) opportunities to grow and develop. 

Acleda is a leading retail and MSME bank in Laos. Norfund supported the bank’s lending operation first time in 2014 by providing a local currency loan. The transaction was at that time one of the first long-term local currency loans provided to a financial institution in Laos.

Acleda Bank is today the only bank that targets micro and small businesses. Its loan portfolio has been growing by an average of 16% per year during the past 3 years. However, funding is regarded as a bottleneck to the bank's growth.

In 2018, Norfund therefore committed an additional local currency loan which the bank shall use to on-lend to its customers. The loan will assist the bank in meeting increasing demand, especially in the growing micro- and SME-segment.


acleda bank


Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo

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