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Sunday, January 12, 2014
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Jdb
About Us
The Joint Development Bank was established on October 03, 1989, with the joint venture between the Bank of Lao PDR and Thai business man. BOL hold 30% of shares while Thai hold 70%.
On 18 October, 2012, from Joint venture business, the Joint Development Bank has been takeover by Mr. Ekaphanh PHAPHITHACK, Lao famous entrepreneur and the president of Simaung Group, and his excellent economic advisory team from Thailand and Singapore. Now, JDB is officially 100% Lao Bank.
The President of Economic Advisory Committee is Dr. VIVAT KITTIPONGKOSOL, who has 40 years experience working in financial sector. He used to be Vice Marketing President of City Bank, Bangkok, and Assistant Managing Director of Siam Commercial Bank, Thailand.
The new management team is led by Director Thongchaleun KHENMINGMONGKHON, who has more than 20 years experience in Lao financial management. He used to work for the Institute of Banking, the Bank of Lao PDR, and he was the former Director of Lao Development Bank. The management team also include Deputy Director MR. Sounthorn CHANHTHAVONG, Mrs. Phonesamay SOUKAPHON, and MR. Bounsavang PHILAXAYPHITHACK.
The new management team aim to upgrade all-round financial services to meet highest international standard and become well-known amongst the Lao people.
Until this moment, JDB has serve customers all-round financial services. JDB accept deposit in KIP, BAHT, and USD with the monthly interest payment.
Loan service covers all aspects and aiming to help SMEs and big businesses to easily reach the fund.
JDB provide money transfer service, both local and international, via JDB system, SWIFT and MoneyGram services. JDB also provide Letter of Guarantee for the reliability of your businesses.
JDB provide both ATM cards and VISA cards (Debit and Credit) service, which can be used worldwide with EDC machine, ATM, and using cards online to purchases goods and services without holding cash with you for 24/7. JDB also provide payroll services for both public and private sectors.
In the near future, JDB will develop its system and technology, and JDB will upgrade its services such as: one ATM card can open 4 account, bill payments ( water, electricity, phone), and buying top-up cards for your phone via JDB ATM machine. Besides, we will provide customers e-banking and i-banking so that customer can do and check all transactions 24/7 via internet and their smart phone.
Now, JDB is a private commercial bank that intend to become partners with customers and aim to financially support their business, products and logistic to meet international standard.
Together, JDB is contributing itself to the socio-economic development plan of the Lao government by advancing JDB’s technology development and service units to cover nationwide.
JDB has invested in 3 areas:
- Active branch and services units are: Head Quarter in Vientiane, Luang Prabang Unit, Vangvieng Unit. The new services units that already operated are: Champasak, Savanhnakhet, Khammaun, Borlikhamxay, Sikhai. Besides, JDB are expanding service units into northern parts such as: Xayaboury, Oudomxay, Borkeo, Luang Namtha in the early 2014
- Investment in technology in order to develop and upgrade all services to be quick and accurate
- Aim to become best-service for both local and international. To be the sustainable funds, and having Highly-skilled staff to emphasize best services in banking system. So that when you come to JDB, you receive best service and you are confidence in our services.
“Joint Development Bank, Develop to Sustainable Success
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A blog (a truncation of the expression web log)[1] is a discussion or informational site published on the World Wide Web and consisting of discrete entries ("posts") typically displayed in reverse chronological order (the most recent post appears first). Until 2009 blogs were usually the work of a single individual, occasionally of a small group, and often covered a single subject. More recently "multi-author blogs" (MABs) have developed, with posts written by large numbers of authors and professionally edited. MABs from newspapers, other media outlets, universities, think tanks, advocacy groups and similar institutions account for an increasing quantity of blog traffic. The rise of Twitter and other "microblogging" systems helps integrate MABs and single-author blogs into societal newstreams. Blog can also be used as a verb, meaning to maintain or add content to a blog.
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A blog (a truncation of the expression web log)[1] is a discussion or informational site published on the World Wide Web and consisting of discrete entries ("posts") typically displayed in reverse chronological order (the most recent post appears first). Until 2009 blogs were usually the work of a single individual, occasionally of a small group, and often covered a single subject. More recently "multi-author blogs" (MABs) have developed, with posts written by large numbers of authors and professionally edited. MABs from newspapers, other media outlets, universities, think tanks, advocacy groups and similar institutions account for an increasing quantity of blog traffic. The rise of Twitter and other "microblogging" systems helps integrate MABs and single-author blogs into societal newstreams. Blog can also be used as a verb, meaning to maintain or add content to a blog.
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