Tag Archives: bank of laos

Cuba’s President Diaz-Canel Takes East Asia Solidarity Tour to Laos

Cuba's president Diaz-Carnel in Laos

Geographically distant but with a shared solidarity born of shared experiences of struggles for independence against colonial and imperial domination and sharing similar Marxist-Leninist institutions of state governance, the nations, peoples and ruling parties of Laos and Cuba have long-shared affiliations and affections from afar.

The friendship was celebrated in

IFC to Develop Credit System in Laos

Credit System in Laos

The International Finance Corporation, the financial arm of the World Bank Group, is in talks with the Bank of the Lao PDR (BOL) to reform the credit system in Laos.

The reform is part of broader efforts to improve the country’s financial infrastructure and facilitate lending for smaller businesses,