The Macroeconomic and Banking Landscape of Laos The financial sector of the Lao People’s Democratic Republic (Lao PDR) has undergone a dramatic evolution over the past few decades. Historically anchored by traditional state-owned financial institutions, the Laotian banking ecosystem was long characterized by physical, branch-heavy networks, manual processing systems, and a heavy concentration of resources in urban centres like Vientiane. While l…
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