Bank of the Lao published a note on Governor Bounkham Vorachit’s courtesy meeting with Malaysia’s ambassador to Laos, Edi Irwan bin Mashmud, held as a farewell visit before the ambassador’s term ends. The update was not a policy announcement but a summary of bilateral engagement, with the central bank emphasizing cooperation between Laos and Malaysia and the ambassador reporting on the results of that cooperation over recent years. In the meeting, the governor thanked the ambassador and the Malaysian government for their support to Laos, particularly in promoting the banking sector. Bank of the Lao pointed to the presence of three Malaysian banks in Laos as part of that cooperation and linked their presence to Laos’ broader socioeconomic development. The governor also expressed the expectation that Malaysia will continue to support Laos and deepen cooperation across additional areas.
Bank of the Lao2026-07-03
Bank of the Lao receives outgoing Malaysian ambassador and highlights banking cooperation including three Malaysian banks in Laos
Bank of the Lao said its governor held a farewell courtesy meeting with Malaysia’s ambassador to Laos ahead of the end of the ambassador’s term. The central bank used the meeting to highlight bilateral cooperation, especially Malaysian support for Laos’ banking sector and the presence of three Malaysian banks in the country. It also expressed hope for continued and broader cooperation.