BCEL Spreads, leverage, minimum deposit Revealed

　　General Information

　　BCEL established in 1975 is one of the biggest state-owned commercial banks in Lao PDR, with the stability and transparency in banking services. The Bank not only has various branches and service units throughout the country, but also being a leader in using ATMs, deposit machines, mobile and internet banking services which allow our customers access our services 24/7.

　　History

　　BCEL was established while Lao People's Democratic Republic declared independence on December 2nd, 1975 and starts our business since the year 1975 till the present. From 1975 to 1989, BCEL had played a special role as a branch of the formerly State Bank (Central Bank) of the Lao PDR and was officially assigned as the only one to be able dealing with any international banking activities. In addition, BCEL was also assigned to manage grants and loans were offered by foreign countries and international organizations to the Lao government.

　　Since November 1st, 1989, BCEL has been officially transformed into the state-owned commercial bank in all aspects under the Law of the Central Bank and the Decree on the Administration of Commercial Banks. In particular, the bank had changed from the state administration to the business management that its performance will be evaluated based on the growth of revenues. Until January 11th,2010 BCEL has gone public and become the first listed company in the Lao Stock Exchange in that its maturity shareholder is Ministry of Finance (MOF), holding 70% while the minority shareholders include 5% employees, 10% business partners and 15% others.

　　Services & Products

　　Account (Deposit)

　　• Kids Saving Account

　　• Fixed Deposit Account

　　• Pension Saving Account

　　• Saving Account

　　• Current Account

　　Loans

　　• Short-Term Loans

　　• Medium-Term Loans

　　• Long-Term Loans

　　• Overdraft Loans

　　• Cash Advance Loans

　　• SMEs Loan

　　Card

　　• BCEL VISA

　　• WORLD Mastercard

　　• Virtual Prepaid Mastercard

　　• BCEL Prepaid Mastercard

　　• Smart VAT Card

　　• Co-Brand Card

　　• Smart Tax

　　• Pay Card

　　• BCEL UnionPay Cards

　　• International Cards at BCEL ATM

　　Electric Banking

　　• BCEL i-Banking

　　• FastTract

　　• BCEL OneCare

　　• BCEL OnePay

　　• SMS Banking

　　• EDC/POS Services

　　• Online Payment Gateway Solutions

　　• BCEL OneHeart

　　Trade Finance

　　• Import Services

　　• Export Services

　　• Letter of Guarantte

　　• Gold Trading Services

　　Customer Support

　　The BCEL customer support can be reached through telephone: (+856-21)213200, Fax:(+856-21) 213202, Email: bcelhqv@becl.com,la. BCEL is also available on some social media platform including Facebook, Youtube, as well as Feedback.