The Bank of the Lao hosted a courtesy visit by a delegation from Bank of China (Hong Kong) Limited, Vientiane Capital branch, led by General Director LI Shuping, to congratulate Governor Bounkham Vorachit on his appointment and to discuss ongoing cooperation. The meeting included a briefing on the branch’s business operations in Lao PDR and discussions on bilateral cooperation plans. The Governor noted the bank’s contribution to Lao PDR’s socio-economic development and support for the domestic banking sector, including lending to projects and policy-related deposits. Both sides also referenced continued cooperation to strengthen Bank of the Lao staff capacity on Basel II standards and future banking-sector risk management work.