✍️✍️ signed MOU ✍️✍️

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CLEDA Bank Lao Ltd (ABL) and Lao-Viet Insurance Company Ltd (LVI) signed MOU expanding more on non-life insurance products in the Lao PDR.

✅ On January 03, 2020, at Head Office of ACLEDA Bank Lao Ltd., ABL and LVI signed the new MOU to focus more on expanding the products and service of non-life insurance in the Lao PDR. This is another growth stage of commitment for taking mutual cooperation between both parties as well as supplying the best financing and insurance services to customers.

✅ The agreement was honorably signed by Dr. Hay SVAY, Managing Director & CEO of ABL and Mr. Nguyen Viet Hai, CEO of LVI and was witnessed by the management team and staff of both sides.

✅ ABL and LVI have committed to prioritize for using products of each side, increasing the cross/up sale volume of banking and insurance services as well as ensuring for maintenance the customer’s information of both leading entities.

✅ Sharing at the signing ceremony, Mr. Nguyen Viet Hai, CEO of LVI said that “It’s the great opportunity for triple growth with this bilateral MOU after the 1st round MOU to be signed by ABL with 02 other non-life insurance companies and LVI in December, 2018. Both parties have not only complied with the regulations, but LVI’s service has also been proved in insurance market. I hope that this event would mark a very important brick in mutual development of both parties as well as developing in cross-selling insurance through LVI’s Bancassurance system”.