“Customers are supported to strengthen business capacity”

Features:

• Loan method: Bullet loan or line of credit (for trading enterprises or car dealers)
• Flexible loan tenor (up to 84 months) basing on loan purpose and collateral;
• Payment method: monthly interest payment, monthly and quarterly principal payment;
• Collateral: Car to-be-financed or other assets.

Benefits:

• Loans are granted to help customers strengthen their business capacity;
• Various types of vehicles to be financed: four-seat cars, pickup trucks, passenger buses, trucks, specialized vehicles, etc.
• Flexible, relevant and competitive rate.

Target customers:

• All companies which are established, organized and operated under the laws of Laos and wish to apply for loan.

Application:

• Loan application following internal regulations of SHB Laos.

“Valuable paper mortgage loans, financial capacity evidencing loans provide diversified personal financial solutions to customers in the absence of collateral”

1. Benefits

• Simple, quick, convenient procedures.
• Various types of guarantee; preferential and competitive rate.
• Guarantee up to 100% of demand.

2. Features

• Currency: LAK.
• Guarantee method: Bullet
• Guarantee term: Following customer’s demand.
• Guarantee limit: up to 100% of demand.
• Guarantee fee: following regulations of SHB Laos from time to time.
• Collateral: Deposit and/or Savings book/certificate, Valuable papers issued by SHB Laos and legally owned by customers and/or any third party approved by SHB Laos.

3. Application:

• Application form (SHB Laos’ form)
• Legal documents of customer and/or any third guarantor (if any).
• Documents relating to the guarantee to be granted.
• Original Savings book/certificate, Valuable papers.

 “Business loan helps customer improve their financial situation and take initiative in their business plan”

1. Benefits:

• Simple, quick, convenient procedures.
• Timely meet customer’s demand.
• Competitive rate.
• Financing up to 100% of demand.

2. Features:

• Currency: LAK or foreign currencies;
• Loan purposes: Capital supplement (including working capital supplement and fixed assets investment);
• Interest rate: following the rate published by SHB Laos from time to time;
• Financing up to 100% of demand;
• Loan tenor: up to 84 months;
• Loan method: Bullet loan/Line of credit;
• Payment method: Flexible payment following customer’s financial capabilities;
• Collateral: Following SHB Laos’ regulations from time to time.

3. Application

• Application form (SHB Laos’ form)
• Legal documents of customer
• Documents evidencing customer’s solvency
• Documents of financial situation and collateral.
• Other relevant documents (if any).

Please register for e-banking services for corporate customers to enjoy the following free offers:

• Account opening
• Internet Banking registration
• Inquiries of account balance via Internet Banking
• Periodical account statement sent to registered email
• Money transfer between accounts within SHB Laos system nationwide
• Expert advice on corporate finance services (loan, international payment, L/C)

With the corporate E-banking service, customers not only receive various incentives but also enjoy quick transactions through their account registered for SHB Laos Internet Banking

• Secured transactions via SMS and eSecure card
• Various transaction limits tailored to the enterprise’s scope and operations.
• Account personalization with enterprise’s own homepage, avatar, logo
• Inquiries of Bank’s information (exchange rate, interest rate, network, other contact information)
• Inquiries of customer’s deposit account information, loan account information, transaction history and account statements
• Please contact the nearest SHB Lao’s counter for further advices. Otherwise, consultation on service registration can be delivered at enterprise’s office upon requested.

“SHB Lao Internet Banking is an electronic banking solution which enables convenient banking transactions anytime anywhere”.

Product information:

• Applicable to individual customers who have current accounts at SHB Laos.
• Customers must have a current account at SHB Laos.
• Currency: LAK
• Customer must register SMS/Email notification of account balance with SHB Laos.
• eSecure – verified bank transfer shall be made via Internet Banking.

 Benefits:

• Notification of account balance through SMS/Email
• Inquiry of current account, savings account, loan account in a quick manner
• Convenient money transfer among customer’s own accounts or to other accounts
• Inquiry of exchange rate, interest rate: This function enables customer to inquire interest rate and exchange rate of difference currencies
• Inquiry of SHB Laos’ transaction points: This function enables customer to search for the nearest counter of SHB Laos.
• List of beneficiaries: This function enables customer to update their list of beneficiaries within SHB Laos system.
• Low service fee.

Features:

• Target customers: Goods importers under L/C;
• SHB Laos issues L/C and commits to paying if the import documents are relevant to L/C’s conditions;
• Timeframe for presenting import documents for payment: during the validity period of L/C.

Benefits:

• A safe and effective method which significantly reduces customer’s risks;
• Free consultation on terms and conditions for opening L/C, on international trading rules and practices to ensure customer’s benefits;
• Transaction is made in a quick and convenient manner;
• Competitive cost;
• Professional and enthusiastic bank staff with high qualification.

Target customers:

• Import enterprises who meet conditions of the product.

Application:

• Application following regulations of SHB Laos;
• Request for L/C issuance;
• L/C opening application: Request fo L/C opening; International trade contract; Payment commitment (L/C payment by owner’s equity and payment by loan)
• For loan-based L/C: Loan application; Economic contract or Business plan, etc. should be further provided.

Features:

• With the packaged export finance service, SHB Laos extends credit in all export stages from raw material procurement, input preparation, processing, manufacturing, delivery to payment receipt. SHB Laos also provides insurance and forwarding services to enterprises upon their demand.
• Loan tenor: up to 12 months;
• Financing up to 90% of international trade contract value.

Benefits:

• Meet working capital need, help customers perform export order in a timely manner; Customers are financed from raw material procurement, processing, manufacturing, etc. to export stage;
• Simple procedures; Application is processed as quick as possible within the timeframe promised to customers;
• Free consultation for insurance and forwarding services by SHB Laos’ partners.

Target customers:

• Enterprises operating in export business and trading who wish to apply for loans at SHB Laos.

Application:

• Simple application following regulations of SHB Laos.

Features:

• Discount Bill of exchange with export documents under L/C means SHB Laos pays in advance the value of goods exported while waiting for deferred payment from import partners in order to accelerate capital recovery, improve working capital turnover and increase capital efficiency for customers.

Benefits:

• Meet capital demand of customers immediately after goods delivered;
• Discount rate: up to 100% of bill’s value;
• Flexible loan tenor;
• Free consultation for documentation;
• Simple and quick document processing;
• Discount rate is lower than loan interest rate;
• Preferential international and domestic payment fees are applied.

Target customers:

• Beneficiary exporters who meet required conditions of the product and wish for discount bill of exchange with export documents under L/C service.

Application:

• Legal documents of customers
• Financial documents of customers
• Request of payment for bill collection
• Import documents
• Bill of exchange accepted for payment by customers (for D/A)

Features:

• Customers wish to import goods using bill collection method and appoint SHB Laos to receive import documents from foreign exporters, then pay goods value to exporters on behalf of the importers.
• Two collection methods (D/P or D/A) can be applied.
• Perform payment or refuse payment upon customer’s instruction.
• SHB Laos receives documents from exporter’s bank and inform customers.

Benefits:

• Cost-saving: Flexible and competitive service fee;
• Time-saving and increase business opportunities: With a worldwide correspondent bank systems of SHB, customers will quickly receive import documents;
• Foreign currency source for payment is ensured;
• Professional and enthusiastic bank staff;
• Be financially supported through import financing program.

Target customers:

• Import enterprises who meet required conditions of import collection product.

Application:

• Legal documents of customers
• Financial documents of customers
• Request of payment for bill collection
• Import documents
• Bill of exchange accepted for payment by customers (for D/A)

Features:

• Discount Bill of exchange with export documents under bill collection means SHB Laos pays in advance the value of goods exported under bill collection with export document method while waiting for deferred payment from importing partner/foreign banks in order to meet demand for working capital turnover of customers.
• Discount term: Following regulations of SHB Laos from time to time
• Discount rate: Following receivable’s value.

Benefits:

• Meet capital demand of customers immediately after goods delivered;
• Accelerate working capital turnover and boost capital efficiency;
• Carry out safe transaction with foreign partners, avoid extra cost in case of any errors in export documents;
• Flexible loan tenor;
• Free consultation for documentation;
• Express document processing.

Target customers:

• Beneficiary exporters who meet required conditions of the product and wish for discount bill of exchange with export documents under bill collection service.

Application:

• Legal documents of customers
• Financial documents of customers
• Application form
• Full export documents with original bill of exchange
• International trade contract
• Letter of sending documents for collection
• Entrustment contract (in case of entrustment export)
• Export permit/quote (in case a permit is required)

Features:

Enterprises (sellers) are extended credit by SHB Laos through purchasing receivables arising out of the sales of goods agreed by the sellers and buyers in the sales contract.

Benefits:

• Improve cashflow and liquidity;
• Boost sales owning to deferred payment sales policies;
• Reduce cost of administration and debt management;
• Obtain new non-loan financial sources without requiring any collateral;
• High financing value with preferential interest rate;
• Effectively support the management of receivables and cash flow.

Target customers:

• Exporters who apply deferred payment method under sales contract and are eligible to receivables arising out of the sales of goods.

Application:

• Legal documents of customers
• Financial documents of customers
• Application form
• International trade contract
• Export documents

Features:

• Purpose: To receive payment for export products

Benefits:

• Quick and safe receipt at low cost.
• Money can be received at any transaction points of SHB Laos in Laos.

Target customers:

• Enterprises who wish to receive money from overseas in compliance with the regulations on foreign exchange control and other legal regulations.

Application:

• Simple application following internal regulations of SHB Laos.

For client who needs loan/financial arrangement commitment

• SHB Laos issues a financial arrangement commitment letter for customer to participate in bid, apply for investment license, participate in a joint venture, association and other legitimate purposes

Benefits

• Provide customer with an effective financial instrument.
• A priority when customer meets conditions for credit extension.
• Simple procedure, competitive fee.

Target customers

• Client participates in a bid where a loan/financial arrangement commitment is required.
• Client applies for investment license in which a loan/financial arrangement commitment for the project is required.
• Customer participating in the joint venture, association, inviting investment partners needs to demonstrate financial capacity to implement investment/ business projects
• Customer with legitimate purposes.

Features

• Committed currency is LAK or other foreign currencies (in compliance with the laws of Laos on foreign currency control)
• Committed amount is based on the project requirement and client’s owner’s equity
• The validity period of the commitment is subject to client’s requirement and project implementation period

Application

• Application under internal regulations of SHB Laos.

Please contact the nearest counter of SHB Laos or its business department for more details

A client is guaranteed by SHB Laos before Tax Agency/Customs Agency regarding tax payment

• This is SHB Laos’ commitment before Tax Agency/Customs Agency that SHB Laos will pay tax on behalf of customer in case the customer fails to perform or insufficiently performs their tax obligations.

Benefits

• Tax payment guarantee is used to meet the need of deferred tax payment by enterprises when making payment of export / import tax, special consumption tax and value added tax on imported and exported goods.
• Save time on warehousing at customs office.
• Customer can control the fund and time to make tax payment.
• SHB Laos offers preferential guarantee fee and low deposit rates for enterprise using guarantee service package provided by SHB Laos (from bid participation to warranty).

Features

• Bảo lãnh thanh toán tiền nộp thuế được thể hiện dưới dạng thư bảo lãnh do ngân hàng phát hành, trong đó nêu nội dung, phạm vi và các điều kiện của bảo lãnh.

• Tax payment guarantee is a guarantee letter issued by the Bank in which content, scope and conditions of the guarantee are stated.

Application

• Application under internal regulations of SHB Laos

Please contact the nearest counter of SHB Laos or its business department for more details

SHB Laos commits to bearing all the responsibilities of the seller for the product quality specified in the sale contract.

• The Bank commits to bearing all the responsibilities of the seller for the product quality specified in the sale contract.

Benefits

• Help the client (seller) to sign contract with the buyer in case a bank guarantee is required.
• Warranty guarantee from a reputable bank increases the reliability of the customer with his partner thereby gives higher possibility of a successful transaction.
• SHB Laos offers preferential guarantee fee and low deposit rates for enterprise using guarantee service package provided by SHB Laos (from bid participation to warranty).

Features

• A client (seller) is guaranteed in a trading transaction by a Bank.
• SHB Laos commits to bearing all the responsibilities of the seller for the product quality specified in the sale contract.
• Warranty guarantee is a guarantee letter issued by the Bank in which content, scope and conditions of the guarantee are stated.

Application

• Application under internal regulations of SHB Laos
• Please contact the nearest counter of SHB Laos or its business department for more details.

SHB Laos provides a guarantee to the customer for their commitment to perform full and timely payment to the seller

• The Bank provides a guarantee to the customer for their commitment to perform full and timely payment to the seller

Benefits

• Increase customer’s realibility in trading transactions with foreign partners since the guarantee is provided by SHB Laos, a reputable bank.
• SHB Laos offers preferential guarantee fee and low deposit rates for enterprise using guarantee service package provided by SHB Laos (from bid participation to warranty).

Application

• Application under internal regulations of SHB Laos
• Please contact the nearest counter of SHB Laos or its business department for more details.

SHB Laos provides a guarantee to customer for loan application in other domestic and foreign financial institutions

• The Bank provides a guarantee to customer to apply for loan in other domestic and foreign financial institutions

Benefits

• Help client to borrow in the transactions that a loan guarantee is required (for example a foreign loan).
• Loan guarantee from a reputable bank increases the reliability of the customer with his partner thereby gives higher possibility of a successful transaction.
• SHB Laos offers preferential guarantee fee and low deposit rates for enterprise using guarantee service package provided by SHB Laos (from bid participation to warranty).

 Features

• The Bank commits to repay on behalf of customer in case the customer fails to repay or does not repay in full and on time.
• Loan guarantee is a guarantee letter issued by the Bank in which content, scope and conditions of the guarantee are stated.

Application

• Application under internal regulations of SHB Laos
• Please contact the nearest counter of SHB Laos or its business department for more details.

SHB Lao provides a guarantee to customer regarding the responsibility for advance payment refund of customer under the contract

• The Bank provides a guarantee to customer regarding the responsibility for advance payment refund of customer under the contract signed with the guarantee beneficiary

Benefits

• Increase customer’s realibility in trading transactions with partners since the guarantee is provided by SHB Laos, a reputable bank.
• SHB Laos offers preferential guarantee fee and low deposit rates for enterprise using guarantee service package provided by SHB Laos (from bid participation to warranty).

 Application

• Application under internal regulations of SHB Laos
• Please contact the nearest counter of SHB Laos or its business department for more details.

Increase customer’s reliability in trading transactions with partners since the guarantee is provided by SHB Laos, a reputable bank.

SHB Lao provides a guarantee to customer regarding the responsibility for all obligations of the customer in case customer fails to perform or insuficiently perform the obligations under the contract.

Benefits

• Increase customer’s reliability in trading transactions with partners since the guarantee is provided by SHB Laos, a reputable bank.
• SHB Laos offers preferential guarantee fee and low deposit rates for enterprise using guarantee service package provided by SHB Laos (from bid participation to warranty).

 Features

• SHB Lào đứng ra bảo lãnh cho khách hàng về việc chịu trách nhiệm đối với mọi nghĩa vụ của khách hàng trong trường hợp khách hàng không thực hiện hoặc thực hiện không đầy đủ nghĩa vụ của hợp đồng.

• SHB Laos provides a guarantee to customer regarding the responsibility for all obligations of the customer in case customer fails to perform or insufficiently performs the obligations under the contract.

Application

• Application under internal regulations of SHB Laos.
• Please contact the nearest counter of SHB Laos or its business department for more details.

Help customer to be eligible to participate in a bid where bank guarantee is required.

• The Bank provides a guarantee for a customer so that the customer is qualified to participate in a bid for goods or services supply.

Benefits

• Help customer to be eligible to participate in a bid where bank guarantee is required.
• Bid guarantee from a reputable bank increases the reliability of the customer with his partner thereby gives higher possibility of bid winning.
• SHB Laos offers preferential guarantee fee and low deposit rates for enterprise using guarantee service package provided by SHB Laos (from bid participation to warranty).

 Features

• The Bank provides a guarantee for a customer so that the customer is qualified to participate in a bid for goods or services supply.
• Bid guarantee is a guarantee letter issued by the Bank in which content, scope and conditions of the guarantee are stated.

Application

• Application under internal regulations of SHB Laos
• Please contact the nearest counter of SHB Laos or its business department for more details.