JDB meeting summarises half year business results, sets plans for last 6 months of 2026

The Joint Development Bank (JDB) Public held a meeting on July 22 to review the bank’s business results for the first six months and outline plans for the last six months of 2026.
The meeting took place at the headquarters of the JDB in Vientiane, chaired by the Chairman of the bank’s Board of Directors, Mr Sounthorn Chanthavong, and attended by the Board of Directors, senior management and representatives of service units in Vientiane. Representatives from provincial service units particpated via video link.

Chairman of the JDB Public Shareholders’ Committee, Mr Ekaphanh Phapithack.

The meeting opened with a speech by the Managing Director and CEO of JDB Public, Mrs Khonesavan Visathep.
Attendees heard reports on achievements in various fields. Under targets set for 2026, in the second quarter JDB generated total assets of 84 percent, with total income amounting to 55.64 percent. Credit provision was achieved at 88 percent and in terms of business performance in the second quarter, JDB was able to generate after-tax income amounting to 38.17 percent of the total 2026 target figure.
This outstanding achievement not only demonstrates continuous growth, but also confirms the stability of the bank’s financial position and its ability to manage risks effectively under volatile economic conditions, ensuring that JDB remains a trusted leading commercial bank with strong liquidity, ready to meet customers’ needs in all respects at all times.
The organisational structure of the Board of Directors was outlined, including the assignment of duties between the old and new chairman, and also between the old and new managing directors and CEO.
Chairman of the JDB Public Shareholders’ Committee, Mr Ekaphanh Phapithack, expressed his appreciation for the achievements made in the second quarter of the year, noting that the global economic situation is still difficult and in a slowdown.
With the global situation changing in a complex way, he called on the new management team and all employees to work with greater diligence and unity to achieve the set goals.
The Joint Development Bank is committed to providing excellent, fast and modern services with international links, placing customer needs as the main focus, constantly developing new financial products with modern technology systems combined with outstanding service from employees, creating maximum benefits for all parties, and playing an important role in bringing prosperity to Laos.
These goals align with the Joint Development Bank Public’s motto “Blooming Together”.

By Advertorial Desk
 (Latest Update July 28, 2026)