Laos Interest Rates

The Laotian economy with a population of 6,695 million (est. 2013) ranks 124th in the world. It has a GDP PPP of approximately 20 billion and GDP PPP per capita of $3,068 vs. $53,101 (United States) according to the IMF in 2013. The national currency is the Lao kip(LAK) that is issued by Bank of the Lao P.D.R ( Banks within the country offer variable and fixed interest deposit products including savings accounts, current accounts and fixed deposit accounts. The CIA website estimates the inflation to have been 6.5% in 2013 and 4.3% in 2012.

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Laos Banks

Showing rates for 5 Bank deposit providers in Laos.
Bank Branch Founded Ownership
Lao Development Bank Lao Development Bank 18 1999 Local
BCEL BCEL 18 1975 Local
Lao Viet Bank Lao Viet Bank 7 1999 Foreign
Indochina Bank Indochina Bank 2 2009 Local
Phongsavanh Bank Phongsavanh Bank 2007 N/A

Laos Discussion Activity

  • Deposits
    Q: I want to deposit a some sum in the your bank and fixes it for a determined time send me all information including what visa i have to have and as do it.

    Jhon from Huai Khwang, Thailand
  • Phongsavanh Bank
    Q: can i check my balance in my account by using online ?

    souphaxay from Vientiane, Laos
  • Phongsavanh Bank
    Q: I just want to know about my current loan request Kip25,000,000 and FYI i used to get loan from your bank twice - first time US$5,000 and 2nd time Kip25,000,000 without problem in repayment. However, my this time request has been submitted more than a month already, so, please may I have your decision soon.

    Lamphanh from Vientiane, Laos