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