The Bank of the Lao published an update on a courtesy visit by Zhang Nianshan, the newly appointed Head of the Asian Development Bank’s Southeast Asia Department, focusing on Laos’s macroeconomic conditions and cooperation priorities linked to the banking sector. The visit served as an introductory engagement following both appointments and included an exchange of views intended to inform the rollout and expansion of a focused ADB cooperation and assistance programme for the Lao People’s Democratic Republic. The Governor welcomed the delegation, acknowledged ADB’s past support to the country and the central bank, and discussed technical exchanges, monetary and banking work, and other areas of collaboration, alongside an expectation of continued and expanded ADB support.
Bank of the Lao 2026-03-24
Bank of the Lao hosts newly appointed Asian Development Bank Southeast Asia department head to discuss banking sector cooperation
The Bank of the Lao reported on a courtesy visit by Zhang Nianshan, newly appointed Head of the Asian Development Bank’s Southeast Asia Department, focused on Laos’s macroeconomic conditions and banking sector cooperation priorities. Discussions covered the rollout and expansion of an ADB cooperation and assistance programme for the Lao People’s Democratic Republic, including technical exchanges and broader monetary and banking collaboration, with an expectation of continued and increased ADB support.