BFL was born in October 2008 following the signature of a Memorandum of Understanding between the French bank BRED Banque Populaire and the very famous leading Lao bank BCEL. BFL BRED Group is the first European bank in Lao PDR, part of a top 10 European Banking Group and has been awarded Best Commercial Bank and the Best SME Bank in Laos for two consecutive years.
The bank provides a wide array of services ranging from retail and business banking to corporate banking, private banking, asset management, insurance, FX, all kinds of investment or hedging solutions, and took significant strides to creating the most approachable and supportive banking ecosystem available in Lao PDR. Our advisors can help with your growing businesses, restructuring needs and international growth.
For more information on how we could support you and your business: https://www.bfl-
Few words about BRED Group:
BRED is a member of the Banque Populaire group of cooperative banks, with more than 200,000 members. As a cooperative bank owned by its customer-members, BRED develops in accordance with the interests of its clientele. The profits it makes, 95% of which are taken back into reserves, strengthen its equity and finance productive investment. Deeply rooted in the regions in which it operates, BRED redistributes the savings it receives as loans.
➔ 5,500 employees of which 25% are located outside France
➔ More than 1 million customers
➔ €4.4 bn of equity
➔ South Pacific : Vanuatu, Fiji, Solomon, NewCaledonia
➔ Eastern Asia : Laos, Cambodia, Myanmar
➔ Horn of East Africa : Djibouti, Ethiopia