ACLEDA Bank Lao
ACLEDA Bank Lao started its activities in July 2008. The bank is led by experienced bankers from ACLEDA Bank in Cambodia, which, together with Triodos Fair Share Fund, Triodos-Doen, FMO and IFC, is one of the founding shareholders. ACLEDA Bank Lao offers a range of financial services and products to small and medium-sized enterprises in Laos. The Laos economy is booming and there is a great deal of demand for microfinance. ACLEDA Bank is using this to its advantage and plans to further expand its national network of branches over the next few years. A senior officer from Triodos Bank represents Triodos-Doen and Triodos Fair Share Fund on the Board of Directors. Triodos Microfinance Fund has provided a loan to ACLEDA Bank Lao.
KEY INDICATORS Acleda Laos at year-end 2012:
- number of loan clients: 12,571
- percentage female clients: 50%
- percentage rural clients: 26%
- average loan amount: EUR 4,038
- number of savings clients: 18,913
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.