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IB Digital Banking for

Kolao
Solutions
• IB Corporate Banking Platform

• Merchant Portal for Lanxang leasing


IB Corporate Banking – Phase I
• Kolao Finance Team start using IB Corporate Since 12/05/2023

• Support Functions: Account Information, Account Statement, Funds


Transfer, Inter Bank Funds Transfer , Lao-Thai Transfer and Transfer to
Oversea
• Easy Funds Management through IB digital channels

• Save time, Save Cost and save human resource


IB Corporate Banking – Phase I
• Number of Transaction = 50
• USD = 130,758.11
• LAK = 8,873,534,102.00
• THB = 102,300.00
• Num of Kaolao Corporate Users = 23
• Num of register Companies = 5 under Kolao Group
IB Corporate Banking – Phases II
• Develop the Mobile Application for transaction approval
Good effect for Lanxang leasing
Benefit for Lanxang’s customers
• Easy to pay the leasing schedule by dynamic Lao-QR
• Easy to pay the leasing from difference mobile banking APP
• No need to input the contract number
Benefit for Lanxang’s Leasing
• New Image for Lanxang Leasing
• Centralize the balance with Indochina Bank instead of maintain with multiple bank
• Easy to monitor the payment report real time on internet
• Easy to reconcile and clear the dept for customers
• No reconcile issue for the finance team
• Saving the commission cost for other bank service fee for bill payment
Good Effect for IB
• Incoming funds flow BCEL to IB
2,829,203,880.45
• Increase number of QR code transaction from 1st May to 7th June
Centralize funds for Lanxang Leasing

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