🏦 JDB Bank Laos - An introduction

The Joint Development Bank (JDB) is one of the oldest and leading private banks in Laos. It combines traditional banking services with modern technology and has developed into a digital flagship bank in Southeast Asia in recent years.

📘 Foundation & ownership structure

• Founded on October 3, 1989 as a joint venture with Thailand
• Fully Lao owned since 2012 (Simeuang Group)
• Headquartered in Vientiane, with over 48 branches across the country

👥 Management & Leadership

• Ekaphanh Phaphithack - Owner & Chairman of the Board of Directors
• Sakhone Yorphanxay - CEO
• Economic Advisory Board headed by Dr. Vivat Kittiphongkosol (Ex-Siam Commercial Bank)

📈 Business Development & Growth

• Q1 2024: +10 % asset growth, 22 % deposit target achieved, 25 % lending
• H1 2024: +18% asset growth, +10% deposits, 63% of loan plan fulfilled
• Strategy: "Blooming Together" - growth with a focus on customer satisfaction

📲 Digital transformation

JDB has a strong focus on digitalization and offers one of the most modern banking apps in the region

• JDB Yes Mobile Banking with QR-Pay, online transfers & flight booking
• Seamless payments to Thailand (e.g. Kasikorn, Krungthai, Bangkok Bank)
• International SWIFT transfers (code: JDBKLALAXXX)

💳 Cards & payment technologies

• Own premium metal cards in cooperation with dzcard
• Supports Visa, Mastercard, UnionPay, WeChatPay, AliPay & Dynamic LAO QR
• Service for corporate customers: EDC terminals, salary payments, warranty issues

🌍 Market Position & Vision

• One of the largest private banks in Laos with a growing customer base
• Goal: "Payment hub in ASEAN" with international networking
• Vision: Digital services for private customers, entrepreneurs & SMEs

💰 Savings products & interest rates

• Attractive fixed-term deposit offers (as of June 2025):
• ▶️ 12% interest for 48 months
• ▶️ 12.5% interest for 60 months
• Variable loan interest rates depending on term and security situation

🛡️ Security & note

Recently, there have been attempts at fraud by fake profiles on Facebook posing as JDB employees. The bank warns against advance payments and recommends only using official channels.

🎯 Why customers trust JDB

• ✅ Over 30 years of experience in the Lao banking sector
• ✅ Advanced digital services for domestic and international customers
• ✅ Partnerships with Visa, UnionPay, Lao Airlines, telecom providers & more
• ✅ Strong local roots and 100% Lao ownership

📬 Contact JDB Bank