Deputy Minister of Finance Soulivath Souvannachoumkham (third from right) leading the launch of the gold trade payment system. - VT
VIENTIANE: Lao Bullion Bank Co, Ltd. (LBB) and Banque pour le Commerce Exterieur Lao Public (BCEL) have launched a gold trading payment service through the LBB PLUS application, integrated with BCEL One, introducing a new dimension to gold investment in Laos.
The launch ceremony, held on Friday (Oct 3) in Vientiane, was attended by Deputy Minister of Finance and Chairman of BCEL Board of Directors, Soulivath Souvannachoumkham, Deputy Governor of the Bank of the Lao PDR and Vice Chairman of LBB Board of Directors, Soulysak Thamnuvong, along with representatives from industry associations and executives from both banks.
