Managing Director of BCEL, Mrs Saysamone Chanthachack, receives the award at a ceremony in Singapore.

BCEL wins prestigious Asian award for technology innovation

Banque Pour Le Commerce Extérieur Lao Public (BCEL), one of Laos’ leading commercial banks, has won the “Technology Innovation of the Year 2026” award in the Banking category at the Asian Innovation Excellence Awards 2026 in Singapore, marking another milestone in the country’s growing digital banking sector.
The award, presented on October 20, recognises BCEL’s commitment to technological innovation and continuous improvement of its digital banking services, as Laos accelerates efforts to embrace digital transformation and modernise its financial system.

Mrs Saysamone Chanthachack delivers remarks at the award ceremony in Singapore.

Managing Director of BCEL, Mrs Saysamone Chanthachack, received the award on behalf of the bank at the ceremony in Singapore.
The recognition highlights BCEL’s efforts to develop modern, reliable and customer-focused banking services while strengthening its position in the increasingly technology-driven financial industry.
It also comes as the Lao government places greater emphasis on digitalisation and innovation as key drivers of economic growth, improved public services and national development.
For Laos’ banking industry, the award underscores the growing importance of technological innovation in improving financial services, enhancing customer convenience and supporting the transition towards a more digitally connected economy.
As businesses and consumers increasingly adopt digital financial services, commercial banks have an important role to play in providing accessible, efficient and reliable banking solutions.
Guided by its slogan, “Modern Quick Reliable”, BCEL continues to improve its digital services to meet changing customer needs while strengthening connections between Laos’ financial market and regional and international financial systems.
The international recognition also highlights the opportunities for Lao financial institutions to enhance their competitiveness through innovation and the adoption of modern banking technologies.
Digital transformation is increasingly important to Laos’ broader economic development, with banks playing a significant role in facilitating transactions, supporting businesses and improving access to financial services.
The bank aims to continue modernising its services and strengthening customer confidence as it contributes to the development of Laos’ financial sector and the country’s transition towards a digital economy.

By Advertorial Desk
 (Latest Update October 23, 2026)