The Bank of the Lao hosted Asian Development Bank group office director Shigeo Shimizu for discussions on Laos’ macroeconomic conditions, with a focus on the financial sector, monetary policy and banking. The introductory meeting continued the institutions’ dialogue on technical cooperation and assistance priorities. Governor Bounkham Vorachit and Shimizu exchanged views on how to guide implementation of their joint cooperation plan and target ADB assistance to Laos more effectively. They also discussed technical exchanges and broader financial, monetary and banking support, with both sides seeking to deepen their existing cooperation.
2026-08-31Bank of the Lao
Bank of the Lao discusses monetary and banking cooperation with Asian Development Bank group office director
The Bank of the Lao and Asian Development Bank group office director Shigeo Shimizu discussed Laos’ macroeconomic conditions, monetary policy and banking sector. The meeting continued their cooperation dialogue and considered technical exchanges and more targeted implementation of joint assistance plans.