BANQUE POUR LE COMMERCE EXTERIEUR LAO PUBLIC (BCEL)

BCEL yang didirikan pada tahun 1975 adalah salah satu bank komersial milik negara terbesar di
Laos, dengan stabilitas dan transparansi dalam layanan perbankan. Bank tidak hanya memiliki
berbagai cabang dan unit layanan di seluruh negeri, tetapi juga menjadi pemimpin dalam
menggunakan sistem teknologi inovatif seperti ATM, mesin penyimpanan, layanan mobile dan
internet banking yang memungkinkan pelanggan mengakses layanan kami 24 jam.

HISTORY

BCEL didirikan ketika Republik Demokratik Rakyat Laos mendeklarasikan kemerdekaan pada 2
Desember 1975 dan memulai bisnis kami sejak tahun 1975 hingga sekarang. Dari tahun 1975
hingga 1989, BCEL telah memainkan peran khusus sebagai cabang dari Bank Negara yang
sebelumnya (Bank Sentral) dari PDR Laos dan secara resmi ditugaskan sebagai satu-satunya yang
dapat berurusan dengan kegiatan perbankan internasional apa pun. Selain itu, BCEL juga
ditugaskan untuk mengelola hibah dan pinjaman yang ditawarkan oleh negara asing dan organisasi
internasional kepada pemerintah Laos.

Sejak 1 November 1989 BCEL telah secara resmi diubah menjadi bank komersial milik negara dalam
semua aspek di bawah Hukum Bank Sentral dan Keputusan tentang Administrasi Bank Umum.
Secara khusus, bank telah berubah dari administrasi negara ke manajemen bisnis yang kinerjanya
akan dievaluasi berdasarkan pada pertumbuhan pendapatan. Sampai 11 Januari 2010, BCEL telah
go public dan menjadi perusahaan pertama yang terdaftar di Bursa Efek Lao di mana pemegang
saham yang jatuh tempo adalah Kementerian Keuangan (MOF), memegang 70% sementara
pemegang saham minoritas mencakup 5% karyawan, 10% mitra bisnis dan 15% lainnya.

BCEL publik menjalankan bisnisnya terutama di bawah administrasi BOL dan Kementerian
Keuangan. Tujuan utamanya adalah untuk memberi manfaat bagi pelanggan kami dan mendukung
kebijakan ekonomi Pemerintah dengan meningkatkan, mengembangkan, memodernisasi, dan
memperluas layanannya di dalam negeri maupun internasional. Saat ini, BCEL public menyediakan
berbagai layanan perbankan termasuk deposito, pinjaman, Letter of Credit, Letter of Guarantee,
penyelesaian, valuta asing, ATM / debit dan kartu kredit, mobile dan internet banking dan lain-lain.
Selain itu, pertumbuhan publik BCEL saat ini juga mencakup 19 cabang, 75 unit layanan, 10 unit
pertukaran, dan lebih dari 100 bank koresponden di seluruh dunia.

Selanjutnya, bank telah bekerja sama dengan Bank untuk Investasi dan Pengembangan Vietnam
(BIDV) mendirikan bank Lao-Viet (LVB) pada 22 Juni 1999, Perusahaan Asuransi Laos-Viet (LVI) pada
tahun 2008 dan kemudian publik BCEL terus mengembangkan bisnisnya dengan bergabung dengan
BRED Bank dari Perancis untuk mendirikan Banque Franco-Lao (BFL) pada tahun 2010 dan tahun
kemudian KTZMICO 2011 dari Thailand untuk mendirikan BCEL-KT Securities Company Limited.
Pada tahun 2014, BCEL telah bekerja sama dengan Bank Fudian untuk mendirikan Lao-China Bank
(LCNB)
ORGANISATION CHART
BOARD DORECTOR
GENERAL DIRECTOR
DEPARTEMENT MANAGEMENT

Human Resources Division

1. Mrs. Bouaphayvanh NANDAVONG Chief of Human Resources Division
2. Mr. Khamsavanh OUTTHACHACK Deputy Chief of Human Resources Division
3. Mr. phay Xayalath Deputy Chief of Human Resources Division
Marketing Division
1. Mr. Somsouk Douangdala Chief of Marketing Division
2. Mr. Sommana THIDAVANH Deputy Chief of Marketing Division
3. Mr. Toulalith PHOMMASOULINH Deputy Chief of Marketing Division
Administration and Finance Division
1. Mr. Saychit SIMMAVONG Chief of Administration and Finance Division
2. Mr. Sonenalin SENGMANY Deputy Chief of Administration and Finance Division
3. Mr. Thipphachan XAYYASENH Deputy Chief of Administration and Finance Division
Accounting Division
1. Mrs. Phousengthong ANOULAKKHAM Chief of Accounting Division
2. Ms. Malayvanh SOUNDARA Deputy Chief of Accounting Division
3. Mrs. Bouaphone CHANSOULIMATH Deputy Chief of Accounting Division
Credit Operation Division
1. Mr. Bounxort FONGSANITH Acting Chief of Credit Operation Division
2. Mr. Leepakao CHIALUE Deputy Chief of Credit Operation Division
Treasury and International Services Division
1. Mr. Hinphet CHANTHALANGSY Chief of Treasury and International Services Division
Mr. Somphone HOUANGYACHITH Deputy Chief of Treasury and International Services
2.
Division
Mr. Sisamone SRITHIRATH Deputy Chief of Treasury and International Services
3.
Division
Cashier Division
1. Mr. Sompasong PHOTHISANE Chief of Cashier Division
Mr. Thongphoune
2. Deputy Chief of Cashier
KEOBOUNTHAVONG
3. Mr. Daovy VILAYSENG Deputy Chief of Cashier
Internal Audit Division
1. Mr. Kongsack SOUPHONESY Chief of Internal Audit Division
2. Mr. Khammone VANSANA Deputy Chief of Internal Audit Division
3. Mrs. Phetsamone SOMSANA Deputy Chief of Internal Audit Division
Operation Center
1. Mr. Viengxay CHANTHAVISOUK Chief of Operation Center
2. Mrs. Viengkeo INSIMIXAY Deputy Chief of Operation Center
3. Mrs. Channsone MANIXAY Deputy Chief of Operation Center
4. Mr. Vithaya CHANTHERY Deputy Chief of Operation Center
IT Center
1. Mr. Bounthip THIPPHAVONG Deputy Chief of IT Center
2. Mrs. Silivone VONGSAMPHAN Deputy Chief of IT Center
3. Mr. Kalaketh SOUTTAVONG Deputy Chief of IT Center
4. Mr. Anouphap Phounsavath Deputy Chief of IT Center
Electronic Banking and Card Service Center
1. Mr. Soukkaseum SOUVANNACHACK Chief of Electronic Banking and Card Service Center
Mrs. Phetmalaphone VONGCHANH Deputy Chief of Electronic Banking and Card Service
2.
Center
Mr. Narin PHOMMARAJ Deputy Chief of Electronic Banking and Card Service
3.
Center
Research and Development Division
1. Mr. Bounlouane OUNLATHAVONG Chief of Research and Development Division
2. Mrs. Phonedala BOUTTHAVONG Deputy Chief of Research and Development Division
3. Mr. Anouvanh LOUANGSIVILAY Deputy Chief of Research and Development Division
Corporate and Private Banking Division
1. Ms. Buasavath SISANE Chief of Corporate and Private Banking Division
2. Mrs. Phonesavanh SIMMALAYVONG Deputy Chief of Corporate and Private Banking Division
3. Mr. Khamtanh SISOUNTHONE Deputy Chief of Corporate and Private Banking Division
Risk Management and Compliance Division
1. Mr. Xaythong PHOMPHITHACK Chief of Risk Management and Compliance Division
Mr. Vongdeuane YAYONGKAI Deputy Chief of Risk Management and Compliance
2.
Division
Mrs. Sisouphone SIHALATH Deputy Chief of Risk Management and Compliance
3.
Division
Legal Division
1. Mrs. Vandara SIPHANDONE Acting Chief of Legal Division
2. Mrs. Vanida PHIMMAVONG Deputy Chief of Legal Division
Credit Sale Division
1. Mr. Mangkhala MANIVONG Chief of Credit Sale Division
2. Mr. Kith SANGSINXAY Deputy Chief of Credit Sale Division
Credit Management Division
1. Mr. Phonephet MANICHITH Deputy Chief of Credit Management Division
2. Mrs. Khonesavanh PHETLAMPHAN Deputy Chief of Credit Management Division

GENERAL INFORMATION

Lao PDR is a small and least developing country. It is a land-lock country located in South East Asia,
with a population of around 6.5 million, and is a member of ASEAN. It shares border with China in
the North, Cambodia in the South, Vietnam in the East, and Thailand and Myanmar in the West.
With annual GDP growth of about 8%, Lao PDR is working extensively on its socio-economic
development to narrow the existing development gap between itself and neighboring countries.
The country, thus, emphasizes development in energy, mining, small-scale industrial factories and
others. The government has widely liberalized investment in the finance and banking together with
amendments and establishment of laws and regulations to govern finance and banking sector.
Over the last 5 years, the number of commercial banks has increased significantly with total
number of 29 banks including branches of 4 world leading banks.

Foreign bank branches deliver about 9,5% of the domestic loan market in 2011, serving mainly the
Laotian activities of companies from their home markets. In contrast, the banking sector is highly
dominated by 4 state-owned commercial banks that, in total, account for around 64.15% of the
loan market in the same year. The most significant and the largest bank in the country is Banque
pour le Commerce Exterieur Lao Public which holds the majority of the banking market in terms of
network, assets, deposits, and loans.

BCEL was established at the end of 1975, following the independence of the Lao People’s
Democratic Republic, as a specialised branch of the former State Bank (Central Bank). It was
assigned to monopolise and provide solely international banking services as well as to manage the
grants and loans provided by foreign countries and international organisations to the Lao
government.

In November 1989, BCEL transformed into the fully commercial bank. Since then, the bank has
continued to grow and strengthen gradually in various fields including the size of assets, deposits,
loans and the number of clients.

In 2011, BCEL has gone through a transformation from a state-run to a publicly owned bank,
making it the first bank in Laos to register on the Lao Securities Exchange in January 2011.

As a public company, BCEL is now 70% owned by the Lao government, 10% owned by the strategic
partner, COFIBRED a subsidiary of the BRED Banque Populaire from France and the remaining 20%
of the share up for sale owned by the public, in which 10% owner by foreign investors.
Banque Pour Le Commerce Exterieur Lao Public (BCEL) is the leading bank in the Lao PDR with total
assets of 19,947 billion Lao Kips (approximately 2 billion USD) as of 31 December 2012. BCEL has 18
branches, 48 service units (outlets), and 11 foreign exchangers nationwide. BCEL has established
business relationship with many high-profile banks worldwide, making it the largest provider of
cross-border money transfer services and settlement network for business sector in Laos. Its
primary services include: deposits, loans, bank guarantees, precious metal trading, internal and
international settlements, ATM and credit cards and others.

BCEL is the only bank in Laos that receives the privilege from the government to arrange payroll
payment for the civil servants and state employees through bank network. A number of companies
and organisations also trust BCEL for the same service.

BCEL is a full member of VISA International, and BCEL also diversifies its card business by being the
first bank in Laos to upgrade its ATM cards with co-brand cards -BCEL UnionPay in cooperation
with China UnionPay International, making its ATM cards can be accepted across the globe through
International UnionPay network.

BCEL, by itself and in partnership with foreign banks, has also established a number of firms
including:

1. Lao-Viet Bank, in 1999 35%

2. Lao-Viet Insurance Company, in 2008 35%
3. BCEL Leasing Company, in 2009 100%
4. Franco-Lao Bank, in 2010 46%
5. BCEL-KT Securities Company, in 2010 70%

BCEL‘s Market share 2012 as follow:

1. Credit 24.65%
2. Deposit 38.37%
3. Asset 29.65 %

BCEL is recognised internationally in terms of quality of services and technology development.

BCEL has been accredited with the international standard of ISO 9001-2008 for banking operations
and international services. In 2011, BCEL won the Bank of the Year Award 2011 Laos from the
Banker Magazine for its best performance. BCEL was also awarded with Laos Domestic Technology
2012 Operations Bank of the Year and Wholesale Banking Award 2012 from Asian Banking and
Finance Magazine. And recently, it has been awarded with the Platinum Technology Award for
Quality & Best Trade Name by Otherways Management Association Club, 3 awards from the Asian
Banking and Finance Magazine and an award of Most Innovative Retail Bank Laos 2013 from Global
Banking and Finance Review.

BCEL sets up the long term strategic plan to improving its operation services in to advance banking
with international standards which starts from now to 2020.