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About Agricultural Promotion Bank Co., Ltd.

Agricultural Promotion Bank Co., Ltd. (APB) is a state-owned commercial bank in Laos, established to support the agricultural sector and promote socio-economic development in the country. It offers a range of financial services including savings accounts, loans, and payment solutions, with a focus on providing financial support to farmers and small businesses. APB aims to foster economic growth by promoting agricultural development, improving financial inclusion, and offering accessible banking services across Laos.

Amount

LAK 30,000,000 - LAK 200,000,000

Tenor

36 - 72 months

Min. approval time

24 hrs

Countries

Created on

December 2024

Last updated

December 2024

Requirements

The basic requirements to apply for a loan on Agricultural Promotion Bank Co., Ltd. include:

  • •   Full-time employees with over 1 year of service
  • •   Earn at least 15,000,000 kip for govt or 25,000,000 kip for private sector
  • •   Salary verified by bank statement
  • •   Employees not meeting salary conditions must earn at least 30,000,000 kip for govt or 40,000,000 kip for private sector
  • •   Freelancers must earn at least 50,000,000 kip verified by bank statement
  • •   Required documents include ID, bank statement, labor contract, collateral verification, loan agreements

How to Apply

To apply for a loan with Agricultural Promotion Bank Co., Ltd., visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.


Alternatively, you can download the lender's app on Google Play StoreorApple App Store.

This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.

Contact

Support Number

+856 21 713 060

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