KBank, Aeon connect in Laos

Kasikornthai Bank in Laos has extended loans and offered financial management services to Aeon Leasing Service (Lao) to support its retail and motorcycle-financing business there.

Both parties are also ready to jointly develop payment channels and other innovative services in a bid to assist Thai investors in Laos. 

Suwat Techawatanawana, KBank’s first senior vice president, said Aeon Leasing Service (Lao) had been granted kip-denominated loans by the bank’s Laotian unit to be used for its retail and motorcycle-loan businesses.

Keep reading