LDB to enhance collaboration with international partners

VIENTIANE (Vientiane Times/ANN) – Alipay is available for use by Lao and foreigners at the state-owned Lao Development Bank (LDB). The bank is also preparing to step up cooperation with international partners overseas and is expected to list on the Lao Securities Exchange at some point in the future.

LDB has cooperated with China’s UnionPay and Alipay, both leading transaction technologies, and some foreign subsidiary financial institutions and Chinese bank operations in Laos, for kip and yuan transactions.

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News Desk
http://annx.asianews.network/content/ldb-enhance-collaboration-international-partners-102041