Name

 Short-Term Loans

Description

A loan scheduled to be repaid in less than a year is mainly aimed to support cash flows and liquidity in growing businesses, especially operation expenses: purchasing raw materials, equipment or wages, etc.

Benefits
  • Keep supporting Liquidity in Business Operations
  • Fast funding to support your needs to pay off
  • Low interest rate
  • Can repay a loan in installments to suit your income
Types of Loans
  • Cash Advance, Overdraft, Revolving,Line of Credit and other guarantees
Currency Lending
  • LAK, USD, THB (depending on currency of borrowers’ income)
Loan Sizes
  • ​​The size of the loan allowed depends on your needs, the ability to grow your revenues, collateral value and considerations from the bank

​Interest Rates
Interest Rate per annum
Rating LAK USD THB
AAA 10 7.75 7.75
AA 11 8.75 8.75
A 12 9.75 9.75
Remark
  • AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
  • AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
  • A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions
Requirements
  • Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
  • Good payment history
  • Stable income sources with their transactions via BCEL
  • Individuals or corporations who are honest and residing in Lao PDR

​Loan Documentation

1. Loan Request Letter (Download)

2. Legal Documents For Business

  • Business License (Copy)
  • Last-year Tax Certificate (Copy)
  • Other licenses associated with different business entities (Copy)    

3. Identity Documents

  • ID (Copy)
  • Household Registration Book (Copy)
  • Passport (Copy) 

4. Corporate Governance Documents

  • Organization Structure (Copy)
  • Regulations (Copy)
  • ShareholdersAgreement (Copy)
  • Joint Venture or Partnership Agreement (Copy)

5. Financial Documents

  • Financial Statement (Download)
  • Income Statement (Download)
  • Record Account Transactions (Copy)
  • Business Proposal (if new Business/ Business Growth)   

6. Collateral

  • Land Certificate (Copy)
  • Deposit Bank Account (Copy)
  • A Power of Attorney Letter (Copy), which is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter, sometimes against the wishes of the other. For example, the person authorizing the other to use land(s) as collateral

7. Other relevant documents required by the bank

Name

 Medium-Term Loans

Description

A loan where repayments are made over a period of between one and five years is aimed to support working capital revoliving and liquidity to business operations, such as purchasing raw materails, equipment or wages, etc

Benefits
  • Keep supporting Liquidity in Business Operations
  • Raise Capital and deal with Competitions
  • Possible Revenue Growth by increasing investments
  • Low Interest Rate
  • Split Repayments can be made over a period, based on Borrowers’ Cash Inflows
Types of Loans
  • Cash Advance, Overdraft, Revolving,Line of Credit and other guarantees
Currency Lending
  • LAK, USD, THB (depending on currency of borrowers’ income)
Loan Sizes
  • the size of the loan allowed depends on your needs, the ability to grow your revenues,collateral value and considerations from the bank
  • Duration: 1 - 5 years

​Interest Rates
Interest Rate per annum
Rating LAK USD THB
AAA 11 8.75 8.75
AA 12 9.75 9.75
A 13 10.75 10.75
Remark
  • AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
  • AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
  • A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions
Requirements
  • Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
  • Good payment history
  • Stable income sources with their transactions via BCEL
  • Individuals or corporations who are honest and residing in Lao PDR

​Loan Documentation

1. Loan Request Letter (Download)

2. Legal Documents For Business

  • Business License (Copy)
  • Last-year Tax Certificate (Copy)
  • Other licenses associated with different business entities (Copy)    

3. Identity Documents

  • ID (Copy)
  • Household Registration Book (Copy)
  • Passport (Copy) 

4. Corporate Governance Documents

  • Organization Structure (Copy)
  • Regulations (Copy)
  • ShareholdersAgreement (Copy)
  • Joint Venture or Partnership Agreement (Copy)

5. Financial Documents

  • Financial Statement (Download)
  • Income Statement (Download)
  • Record Account Transactions (Copy)
  • Business Proposal (if new Business/ Business Growth)   

6. Collateral

  • Land Certificate (Copy)
  • Deposit Bank Account (Copy)
  • A Power of Attorney Letter (Copy), which is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter, sometimes against the wishes of the other. For example, the person authorizing the other to use land(s) as collateral

7. Other relevant documents required by the bank

Name

 Long-Term Loans

Description

A form of debt that is paid off over an extended time frame that exceeds 5 year in duration. Obtaining a long term loan provides a business with working capital that it can use to purcahse fixed assets, inventory or equipment which can then be used to create additional income for the business

Benefits
  • Support long-term investments
  • Reduce financing from Equity to fund long-term investments
  • Low interest rate
  • Split Repayments can be made over a period, based on Borrowers’ Cash Inflows  
Types of Loans
  • Fixed Capital
Currency Lending
  • LAK, USD, THB (depending on currency of borrowers’ income)
Loan Sizes
  • the size of the loan allowed depends on your needs, the ability to grow your revenues,collateral value and considerations from the bank
  • Duration: Exceed 5 years

​Interest Rates
Interest Rate per annum
Rating LAK USD THB
AAA 12 8.75 8.75
AA 13 9.75 9.75
A 14 10.75 10.75
Remark
  • AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
  • AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
  • A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions
Requirements
  • Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
  • Good payment history
  • Stable income sources with their transactions via BCEL
  • Individuals or corporations who are honest and residing in Lao PDR

​Loan Documentation

1. Loan Request Letter (Download)

2. Legal Documents For Business

  • Business License (Copy)
  • Last-year Tax Certificate (Copy)
  • Other licenses associated with different business entities (Copy)    

3. Identity Documents

  • ID (Copy)
  • Household Registration Book (Copy)
  • Passport (Copy) 

4. Corporate Governance Documents

  • Organization Structure (Copy)
  • Regulations (Copy)
  • ShareholdersAgreement (Copy)
  • Joint Venture or Partnership Agreement (Copy)

5. Financial Documents

  • Financial Statement (Download)
  • Income Statement (Download)
  • Record Account Transactions (Copy)
  • Business Proposal (if new Business/ Business Growth)   

6. Collateral

  • Land Certificate (Copy)
  • Deposit Bank Account (Copy)
  • A Power of Attorney Letter (Copy), which is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter, sometimes against the wishes of the other. For example, the person authorizing the other to use land(s) as collateral

7. Other relevant documents required by the bank

Loan for supporting Small and Medium Enterprises (SMEs), according to the SMEs Promotion Policy of BCEL:

            This loan type aims to support the investment of SMEs’ businesses such as the loan that is requested for starting up the business, the business expansion, as working capital of SMEs that have been established and executed under the law of the Lao PDR. All loan applications will be considered under loan appraisal criteria of BCEL, subjected to the business performance of SMEs.

  • Types of Loan for SMEs:  overdraft loan, normal loan for business, revolving loan and etc.  
  • The tenor of loans:  depend on the business of the SMEs
  • Loan purposes: SMEs that operate in the production of commercial goods, trades and services.

Document requires for SMEs loan application:

  • Loan application form  of BCEL (Provided by BCEL)
  • A copy of the business license, a copy of the current tax certificate, a copy of other licenses associated to the business sectors.
  • A copy of Identity card / household registration book
  • Financial statements of the business
  • Business plan according to BCEL’s  form
  • A copy of  collateral certificate: Land certificate, bank account statement
  • Other relevant documents required by BCEL

Name

 Overdraft Loans

Description

An extension of credit from the bank, an overdraft allows the individual to continue withdrawing money that is more than amounts deposited to current accounts, but not exceed the amount approved by the bank. Overdraft is mainly aimed to support Working Capital

Benefits
  • Borrowers can withdraw money more than amount deposited to current accounts
  • Raise Working Capital
  •  Low interest rate
Currency Lending
  • LAK, USD, THB (depending on currency of borrowers’ income)
Loan Sizes
  • Maximum: 500 million LAK/ 50,000 USD/ 1.2 million THB or depending on considerations from the bank.
  • Duration: not exceed 1 year

​Interest Rates
Interest Rate per annum
Rating LAK USD THB
AAA, AA, A 15 12 12
Remark
  • AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
  • AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
  • A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions
Requirements
  • Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
  • Good payment history
  • Stable income sources with their transactions via BCEL
  • Individuals or corporations who are honest and residing in Lao PDR

​Loan Documentation

1. Loan Request Letter (Download)

2. Legal Documents For Business

  • Business License (Copy)
  • Last-year Tax Certificate (Copy)
  • Other licenses associated with different business entities (Copy)    

3. Identity Documents

  • ID (Copy)
  • Household Registration Book (Copy)
  • Passport (Copy) 

4. Corporate Governance Documents

  • Organization Structure (Copy)
  • Regulations (Copy)
  • ShareholdersAgreement (Copy)
  • Joint Venture or Partnership Agreement (Copy)

5. Financial Documents

  • Financial Statement (Download)
  • Income Statement (Download)
  • Record Account Transactions (Copy)
  • Business Proposal (if new Business/ Business Growth)   

6. Collateral

  • Land Certificate (Copy)
  • Deposit Bank Account (Copy)
  • A Power of Attorney Letter (Copy), which is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter, sometimes against the wishes of the other. For example, the person authorizing the other to use land(s) as collateral

7. Other relevant documents required by the bank

Name

 Cash Advance Loans

Description

A loan allowed borrowers to repay within 3 months is aimed to support Liquidity during the borrowers are waiting to receive money or for a settlement

Benefits
  • Borrowers can spendmoney before repayments
  • Raise Working Capital
  • Interest calculated depends on the actual principal, deducted in each period
  • Low interest rate
  • Split Repayments can be made over a period, based on Borrowers’ Cash Inflows  
Currency Lending
  • LAK, USD, THB (depending on currency of borrowers’ income)
Loan Sizes
  • Borrowing amounts depends on your needs or received amounts from your repayment, but not exceed 85%
  • Duration:3 months

​Interest Rates
Interest Rate per annum
Rating LAK USD THB
AAA, AA, A 15 12 12
Remark
  • AAA:  a short-term obligation rated ‘AAA’ is rated in the highest category assigned to a borrower who has an exceptional degree of credit worthiness and can easily meet its financial commitments. To be rated ‘AAA’, a customer who used to obtain loans from BCEL must have a trustfuliness, good performance, sufficient collateral and also comply with all aspects of loan terms and conditions
  • AA:  a short-term obligation rated ‘AA’ is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor’s capacity to meet its financial commitment on the obligation is satisfactory. To be rated ‘AA’, A customer, who does not have a history of borrowings from BCEL or already has a good payment history, has a good performance and sufficient collateral
  • A:  a short-term obligation rated ‘A’ adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation. To be rated ‘A’, a customer does not have a history of borrowings or already has a good payment history, but insufficient collateral and not complies with loan terms and conditions
Requirements
  • Good Relationships with the bank. Also, charater equates to willingness. This could be willingness to provide relevant information and more importantly willingness to pay
  • Good payment history
  • Stable income sources with their transactions via BCEL
  • Individuals or corporations who are honest and residing in Lao PDR

​Loan Documentation

1. Loan Request Letter (Download)

2. Legal Documents For Business

  • Business License (Copy)
  • Last-year Tax Certificate (Copy)
  • Other licenses associated with different business entities (Copy)    

3. Identity Documents

  • ID (Copy)
  • Household Registration Book (Copy)
  • Passport (Copy) 

4. Corporate Governance Documents

  • Organization Structure (Copy)
  • Regulations (Copy)
  • ShareholdersAgreement (Copy)
  • Joint Venture or Partnership Agreement (Copy)

5. Financial Documents

  • Financial Statement (Download)
  • Income Statement (Download)
  • Record Account Transactions (Copy)
  • Business Proposal (if new Business/ Business Growth)   

6. Collateral

  • Land Certificate (Copy)
  • Deposit Bank Account (Copy)
  • A Power of Attorney Letter (Copy), which is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter, sometimes against the wishes of the other. For example, the person authorizing the other to use land(s) as collateral

7. Other relevant documents required by the bank
​No. Branch ​Telephone

1

Head Office

+856 21 219478

2

Phongsaly

+856 88 210223

3

Luangnamtha

+856 86 211317

4

Bokeo

+856 84 212171

5

Oudomxay

+856 81 211261

6

Houaphanh

+856 64 312239

7

Xiang khoang

+856 61 213294

8

Xayabouly

+856 74 260022

9

​Luang Prabang

+856 71 260599

10

Vang Vieng

+856 23 511689

11

​Phonhong

+856 23 212180

12

​​Xaysomboun

-

13

Vientiane Capital

+856 21 213205 - 135

14

Dong Dok

+856 21 771795 - 204

15

Bolikhamxay

+856 54 280112-13

16

Khammouan

+856 51 212688

17

Savannakhet

+856 41 212 261

18

Salavan

+856 34 260014

19

​Sekong

+856 38 211711

20

Champasak

+856 31 213205

21

Attapeu

+856 36 210062