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Loan arrangement commitment

For client who needs loan/financial arrangement commitment

  • SHB Laos issues a financial arrangement commitment letter for customer to participate in bid, apply for investment license, participate in a joint venture, association and other legitimate purposes

Benefits

  • Provide customer with an effective financial instrument.
  • A priority when customer meets conditions for credit extension.
  • Simple procedure, competitive fee.

Target customers

  • Client participates in a bid where a loan/financial arrangement commitment is required.
  • Client applies for investment license in which a loan/financial arrangement commitment for the project is required.
  • Customer participating in the joint venture, association, inviting investment partners needs to demonstrate financial capacity to implement investment/ business projects
  • Customer with legitimate purposes.

Features

  • Committed currency is LAK or other foreign currencies (in compliance with the laws of Laos on foreign currency control)
  • Committed amount is based on the project requirement and client’s owner’s equity
  • The validity period of the commitment is subject to client’s requirement and project implementation period

Application

  • Application under internal regulations of SHB Laos.

Please contact the nearest counter of SHB Laos or its business department for more details