The Joint Development Bank (JDB) was established according to the Decision of President of Ministerial Assembly No. 04/MA, dated January 21st, 1989, chaired by his Excellency Kaysone Phomvihane, the President of Ministerial Assembly and the Prime Minister of the Lao People’s Democratic Republic at that time.
The JDB opened its services on October 3rd, 1989, as the State Bank has joined with Thai Investors from Phongsouvan Sailo and Opphuad which at that time held 70% of shares and for Lao side, represented by the Bank of Lao PDR held 30% of shares.
The JDB address is on the building No. 82, Lane Xang avenue, Hatsady village, Chanthabouly district, Vientiane capital
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