Vientiane Times

Home Lao-Web Lao-FB


Indochina Bank Celebrates 15 Years with VIP Appreciation Dinner

Indochina Bank (IB) hosted its annual VIP Appreciation Dinner at the Saint Phila Convention Hall in Vientiane on December 20, 2024. The event, themed “Elegant Paradise Night,” in appreciation of all its premier banking customers while marking its 15th anniversary.

Grand prize given by Mr Oh Sei Young.

Since its establishment in 2009, IB has organised this glamorous gala each year to honor its premier banking clients. This year’s celebration featured breathtaking performances by renowned Lao artists and Thai superstars, creating an unforgettable experience for all attendees.
Adding to the excitement, the evening included a thrilling lucky draw, with numerous prizes culminating in a Hyundai CRETA as the grand prize, personally awarded by IB’s Chairman, Mr Oh Sei Young.
The event was conducted in a warm welcoming atmosphere, with the management team and staff of IB extending their hospitality with unity and enthusiasm. Guests also enjoyed special performances from both domestic and international artists, creating an unforgettable experience for all attendees.
In his opening speech, the bank’s president, Mr Tay Hong Heng said: “We are delighted to gather here to celebrate a milestone with you which also happen to be our 15th Anniversary. As we look back on the past 15 years, we also look forward to an exciting future. Indochina Bank is constantly innovating to bring you the very best in financial services. In line with this commitment, we’re expanding and refining our digital strategy. This includes the implementation of a new core banking system - transformation designed to elevate your banking experience, making it faster, safeguard more convenient than ever before.” 
Mr Tay highlighted IB’s efforts to modernise its services, “Our growth extends into new horizon as well. This year, we have introduced Indochina Insurance Company or ICI, to serve your insurance need. Working in synergy with our Bank, ICI is a natural addition to our family. This partnership enables us to provide a full spectrum of financial and insurance solutions, tailored specifically for more secure and well-rounded financial planning.”
“At Indochina Bank, we are also proud to be making a meaningful impact on the lives of Lao workers heading to Korea. By providing loans, remittance services and working closely with the Ministry of Labor, we are able to offer these workers the financial solution they need for stability and support. The initiative is just one example of our commitment to improving lives and creating opportunities.”
Indochina Bank is a private bank that is dedicated to serving customers and contributing to the development of Lao society. Since its establishment, the bank has created employment opportunities for over 300 local individuals across the nation.
IB introduced a range of innovative banking products, including the updated version of Mobile Banking Application, “IB Cool,” the “Cool e-Wallet,” and the IB Payment Gateway. These solutions are designed to enhance financial services by facilitating transactions in Lao Kip while also accommodating international bank cards such as Visa and UnionPay International. By offering these advanced digital services at reduced costs, the bank aims to encourage greater participation in e-commerce and foster the adoption of digital payment systems within the market.
Indochina Bank is proud to offer a comprehensive range of loan products tailored to meet the diverse needs of its customers. These include Home Loans, designed to help individuals achieve their dream of homeownership, and the Education Loans, which provides financial support for those pursuing academic advancement. In addition to these offerings, the bank will also look to launch newer services which will empower customers with greater flexibility and convenience in managing their funds. These new products underscores Indochina Bank’s commitment to introducing modern financial solutions that align with the evolving needs of its customers.
As part of this joyous celebration, Indochina Bank takes this opportunity to extend its sincerest wishes to its valued customers.
The bank expresses its hope that the upcoming year, 2025, brings abundant health, happiness, prosperity, and the fulfillment of all aspirations. Indochina Bank remains committed to supporting its customers and contributing to their continued success in the years ahead.


By Advertorial Desk
 (Latest Update
December 26, 2024)




Newspaper Subscription Prices l Newspaper Advertisement Prices l Online Advertisement Prices l Online Subscription Prices

Vientiane Times Phonpapao Village, Unit 32, Sisattanak District, P.O.Box: 5723 Vientiane, Lao PDR
Tel: (856-21) 336042, 336043; Fax: (856-21) 336041; Email:
info@vientianetimes.la
Copyright © 1999 Vientiane Times.