VBSP pays exchange visit to Nayoby Bank in Laos

(VBSP News) The VBSP and NAYOBY (NBB) bank have signed a MOU on 24/6/2010, starting a strong cooperation between the two policy banks of Vietnam and Laos. Since then, VBSP and NBB have been very active in exchanging experiences, knowledge in serving the poor and other policy beneficiaries.

The signing of cooperation agreement for the stage of 2012-2013 between NBB & VBSP

Within the scope of cooperation, from 20-26/11/2011, the VBSP senior delegates leading by General Director Duong Quyet Thang pay a visit to Laos to discuss with NBB on collaboration program for the stage of 2012-2013.

The VBSP delegation has met with Governor of State Bank of Lao PDR, who is also President of Executive committees Board of NBB to report the cooperation of VBSP and NBB.

The delegates then paid a courtesy visit to Vietnam Embassy in Laos and thank for support of the Embassy for cooperation between the two banks.

On 21/11, the delegates had a meeting with senior managers of NBB to discuss and sign an agreement on cooperation program for the stage of 2012-2013. As per the agreement, VBSP will help NBB in training and IT fields. Each year, two training courses for NBB staff will be held in Vietnam on policy banking business, credit appraisal, internal audit, etc,. IT support will be strengthened between IT department of the two banks. In parallel with those activities, midterm and closing workshops to exchange experiences and evaluate cooperation of 2012-2013 stage will also be held by VBSP.

In addition, senior managers of both bank agrees that collaboration will be developed to branch level, VBSP and NBB branches can work directly together to share experiences and support one another to develop.

The signing of cooperation agreement for the stage of 2012-2013 is a milestone in VBSP and NBB collaboration marking a new level of mutual supporting between the two banks for development of credit to the poor and other policy beneficiaries under the objective of poverty eradication.