BCEL representatives, together with other award recipients, share in a group photo with Prime Minister Sonexay Siphandone.

BCEL recognised as leading business at LNCCI’s 35th anniversary

Banque pour le Commerce Extérieur Lao (BCEL) was recognised as an Outstanding Leading Business at the 35th anniversary celebrations of the Lao National Chamber of Commerce and Industry (LNCCI) last week.
The awards ceremony was held at the National Convention Centre on November 14, celebrating businesses that have demonstrated exceptional growth and contributed significantly to Laos’ socio-economic development over the past decades.
A total of 89 outstanding businesses were recognised, including Lao and foreign enterprises in 12 sectors including finance, industry, trade, IT, energy, and real estate.

Mr Nalin Silavongsith (left) receives an award from Minister of Industry and Commerce Mr Malaythong Kommasith.

Executive Vice President of the LNCCI, Mr Daovone Phachanthavong, highlighted the Chamber’s 35-year role as a bridge between the state and business, driving the nation’s socio-economic development.
Meanwhile, Prime Minister Sonexay Siphandone praised the private sector’s contribution to economic growth and urged all sectors to support the Green and Sustainable Economic Policy under the 10th National Development Plan for 2026-2030.
Representing BCEL, the bank’s Deputy Managing Director, Mr Nalin Silavongsith, received the prestigious award from Minister of Industry and Commerce, Mr Malaythong Kommasith, alongside other awardees, in front of an audience of government officials, business leaders, and distinguished guests from across the country.
Founded with a vision to provide accessible banking services and drive economic growth, BCEL has evolved into one of the country’s most influential financial institutions.
Over the years, it has expanded its range of services, including retail and corporate banking, trade finance, and investment solutions, reaching millions of customers nationwide.
The bank’s dedication to excellence has played a critical role in supporting small and medium-sized enterprises, facilitating foreign investment, and promoting financial inclusion across Laos.
The LNCCI award highlights BCEL’s unique position in the national economy.
Beyond its traditional role as a financial service provider, the bank has been a key force in strengthening and stabilising Laos’ macroeconomic foundation. Through its lending and investment activities, BCEL has helped foster industrial growth, infrastructure development, and projects that improve the livelihoods of communities across the country.
Mr Nalin Silavongsith reaffirmed the bank’s determination to remain a leading financial institution, underscoring its vision of “Strong, Modern, Meeting International Standards”.

Vice President of the Lao National Chamber of Commerce and Industry (LNCCI), Mr Thanongsinh Kanlagna (right), presents a certificate of congratulations to BCEL Deputy Managing Director, Mr Nalin Silavongsith.

BCEL plans to strengthen its operations, modernise through digital innovations, and adopt international governance standards, including BASEL II, while supporting business growth, digital transformation, and green finance aligned with the government’s sustainable economic strategy.
The award also reflects BCEL’s efforts in adopting digital banking technologies, enhancing customer experience, and expanding access to financial services in remote areas.
By combining modern banking solutions with a deep understanding of local markets, the bank has maintained steady growth while supporting national development priorities.
In addition to its economic contributions, BCEL is also active in social responsibility initiatives.
The bank regularly engages in programmes that support education, healthcare, and environmental sustainability, demonstrating its commitment to creating a positive social impact alongside economic progress.
As BCEL continues its journey, the award serves as a reminder of the bank’s pivotal role in shaping the future of Laos’ economy.
By fostering innovation, supporting entrepreneurs, and investing in communities, BCEL is well-positioned to maintain its leadership and continue driving sustainable development for years to come.

By Advertorial Desk
(Latest Update November 21, 2025)