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 (www.bol.gov.la). 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