📋 Tender Overview
Project Number
608126
Primary Business Area
Financial Institutions Group
Disclosure Date
Jul 23, 2025
Country
Lao People's Democratic Republic
Region
East Asia and the Pacific
IFC Approval Date
Nov 15, 2023
Status
Active
Estimated Total Budget
$1,388,417.00
(Project budget includes all project-funded activities)
Last Updated Date
Project Estimated Start Date
Nov 15, 2023
Project Estimated End Date
Dec 31, 2025
Client Legal Name
PHONGSAVANH BANK LIMITED
Project Description
This project represents Phase 2 of the advisory engagement between PSVB and IFC. It builds upon the successful delivery of Phase 1 where IFC supported the 360 assessment and identified strategic initiatives for PSVB to consider to continue improving its operations and services. In Phase 2, IFC supports the bank in further developing and implementing its business strategy in key areas to meet the financial needs of corporate, SME and retail customers in Laos. IFC’s global knowledge, deep regional expertise, local market knowledge, pool of market leading experts, strong execution support and understanding of the client’s needs and capacity will help the bank in its endeavours.
