Joint Development Bank Public (JDB) Reviews Third-Quarter 2026 Performance and Key Achievements

JDB reviewed its third-quarter 2026 business performance and key achievements, setting operational priorities for the final quarter of the year.
The review meeting took place on 9 October at JDB’s headquarters in Vientiane and was chaired by Mr Khamsing Sonesinnavong, Vice Chairman of the Board of Directors. Other Board members, senior management and representatives of service units in Vientiane attended in person, while employees from provincial service units joined by video link.

Vice Chairman of JDB’s Board of Directors, Mr Khamsing Sonesinnavong.

The meeting was officially opened by Mrs Khonesavan Visathep, Managing Director and Chief Executive Officer of JDB.
The meeting reviewed achievements across key business areas during the third quarter of 2026. By quarter-end, JDB’s total assets had reached 81 per cent of its 2026 target.
Credit provision reached 83 per cent of the 2026 plan, while revenue reached 85 per cent of the full-year target. Pre-tax profit amounted to LAK 645 billion, equivalent to 71 per cent of the nine-month target and 52 per cent of the annual target.
These results reflect JDB’s operational progress and continued focus on financial stability and prudent risk management amid economic volatility.
The Bank remains focused on maintaining liquidity and delivering reliable services to customers across market segments.
At the close of the meeting, Mr Khamsing Sonesinnavong, Vice Chairman of the Board of Directors, congratulated JDB on its 37th anniversary and the first anniversary of its listing on the Lao Securities Exchange (LSX), marking one year from 10 October 2025 to 10 October 2026.
He commended achievements during the first nine months of the year and acknowledged the Bank’s efforts to maintain financial stability in a challenging economic environment. He also praised JDB employees for their professionalism and commitment to delivering efficient, modern banking services with international connectivity.
He emphasised the Bank’s focus on customer needs, the development of modern financial products and the creation of sustainable value for stakeholders. Guided by its motto, “Blooming Together”, JDB remains committed to contributing to the Lao PDR’s stable and sustainable economic development.

By Advertorial Desk
 (Latest Update October 14, 2026)