BCEL Partners with OceanBase to Drive the Bank's Digital Transformation
On 20 August 2026, Banque Pour Le Commerce Extérieur Lao Public (BCEL) and OceanBase officially signed a Memorandum of Understanding (MOU) at BCEL Head Office.
The agreement was signed by Mr. Nanthalath Keopaseuth, Deputy Managing Director of BCEL, and Mr. Alex Fan Shuyu, SVP & GM of Business Unit, OceanBase Singapore.
This collaboration marks a key milestone under BCEL's 5-Year Strategic Plan (2025–2029), as the bank moves toward modernization by adopting next-generation Distributed Database technology to strengthen its Core Banking infrastructure — ensuring greater stability, security, and uninterrupted 24/7 service for customers.
Following a joint Proof of Concept (PoC) with OceanBase and HiSun earlier in 2026, the system demonstrated the ability to handle massive transaction volumes with speed, faster end-of-day processing, and high system stability.
This partnership positions BCEL for the digital economy era, reinforcing the bank's IT architecture readiness to deliver a modern, fast, secure, and highly reliable financial experience for its customers.