What Joint Development Bank does

Joint Development Bank Public (JDB) is a Lao PDR-incorporated commercial bank headquartered in Vientiane, founded in 1989 and operating more than 700 branches and service units across all provinces of Laos. The bank serves three principal customer segments: individual/retail customers (savings, fixed deposits, current accounts, payroll and government-worker loans, salary-secured credit, debit/credit cards), corporate and SME borrowers (overdraft, term loans, bill discounting, bank guarantees, asset-based and corporate loans), and—since its October 2025 IPO—public securities investors trading its shares on the Lao Securities Exchange under ticker JDB.

JDB's product stack spans deposits in four currencies (LAK, THB, USD, CNY), personal and corporate lending, full-service cards (Visa debit/credit at Silver, Gold, and Champa Super Gold tiers; UnionPay debit and Gold/Platinum; JCB and Mastercard acceptance), domestic and international remittances (NPS, interbank, ATM, ID-card, SWIFT, and MoneyGram), and merchant acquiring via EDC terminals and the JDB Merchant App. Digital channels include JDB Online Banking, the JDB YES Mobile Banking App with YesPay QR payments, and Statement Online and Leasing Payment portals. In 2026 the bank launched Nongfa Credit, a mobile-native digital lending product built to international data-security standards. The bank's technology integrations span SWIFT, Visa, Mastercard, UnionPay, JCB, Alipay, WeChat Pay, MoneyGram, NPS, and interbank ATM networks with BCEL, LDB, Lao-Viet Bank, APB, Maruhan Japan Bank, and ICBC.

JDB earns revenue primarily through net interest income on its loan portfolio and deposit-spread business, supplemented by transaction fees on ATM withdrawals (2,000 LAK), EDC merchant acquiring (3% on non-JDB cards, 0% on JDB cards), card maintenance fees (5,000 LAK/month on ATM All-In-One and UnionPay cards), fixed-deposit early-withdrawal penalties, foreign exchange, and SWIFT/MoneyGram service charges. Marketing is multi-channel, combining social media (Facebook, LINE, Instagram, TikTok, YouTube), a call center (1499), promotional campaigns such as the FIFA World Cup 2026 Visa co-promotion and 200 million LAK monthly lucky draws, and a nationwide branch sales force. In 2025 the company reported total asset growth of 26%, deposit growth of 17%, and loan-portfolio growth of 11% versus 2024, and is executing an international-consultant-led institutional modernisation programme covering core banking systems, compliance automation, client-experience upgrades, and advanced threat detection.

Name

Joint Development Bank

Legal name

Joint Development Bank Public

Website

https://jdbbank.com.la

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Joint Development Bank Public (JDB) is a Lao PDR-incorporated commercial bank serving retail, corporate, and SME customers through 700+ nationwide branches, digital and mobile banking, and international payment networks. Listed on the Lao Securities Exchange since October 2025.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Loan Operations & Servicing (Consumer/SME/Corporate) (FSABALAD)

akta.pro secondary industry

Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA)

Keywords

• Commercial banking services
• Retail banking
• Corporate lending
• Digital banking
• Payment services

Headquarters

HQ city

Vientiane

HQ country

Laos

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income from Loans: The primary revenue stream from providing various loan products including personal loans (payroll loans, government employee loans, secured loans), corporate loans (overdraft, term loans, bill discounting, bank guarantees, SME loans, corporate loans), and asset-based financing.
2. Deposit Interest Spreads: Income generated from the spread between interest rates offered on deposits and rates charged on loans.
3. Card Transaction Fees: Revenue from ATM card maintenance fees (5,000 LAK/month for ATM ALL IN ONE), ATM withdrawal fees (2,000 LAK/transaction), EDC merchant fees (3% for non-JDB cards, 0% for JDB cards), and card issuance fees.
4. Service Fees and Commissions: Fees from various banking services including account management, international transfers, foreign exchange transactions, and other service charges.
5. Fixed Deposit Account Penalties: Penalty fees for early withdrawal of fixed deposits: 100,000 LAK, 500 THB, or 12 USD depending on currency.

Pricing tiers

Go-to-market motion1 record

Distribution channels9 records

Marketing channels9 records

Core offering

Joint Development Bank (JDB) is a commercial bank in Laos providing personal and corporate deposit accounts (savings, fixed deposits, current accounts), personal and corporate lending products (payroll loans, government worker loans, SME loans, corporate loans, overdrafts), debit and credit cards (Visa, UnionPay), domestic and international remittance services (SWIFT, MoneyGram, NPS), merchant payment acceptance (EDC terminals, JDB Merchant App with QR support for Alipay/WeChat Pay/UnionPay), and digital banking channels including JDB YES Mobile Banking and JDB Online Banking. The bank operates through 700+ service units across all provinces of Laos.

Product overview

Joint Development Bank (JDB) operates as a diversified financial institution in Laos offering a comprehensive banking platform with multiple service categories. The core offerings include personal and corporate deposit accounts (savings, fixed deposits, current accounts), personal and corporate lending products (payroll loans, government worker loans, SME loans, corporate loans, overdraft facilities), and domestic/international remittance services. Digital banking is delivered through JDB YES Mobile Banking, JDB Online Banking, and Statement Online portals. Merchant services include the JDB Merchant App (QR code payments for Alipay, WeChat Pay, UnionPay) and EDC terminals accepting EMV chip cards and QR payments. Card products span Visa and UnionPay networks with debit and credit variants including Silver, Gold, Platinum, and Champa Super Gold tiers. JDB participates in SWIFT and MoneyGram for international transfers, NPS for domestic transfers, and maintains ATM interoperability with major Lao banks including BCEL, LDB, Lao-Viet Bank, APB, Maruhan Japan Bank, and ICBC. The bank launched digital lending (Nongfa Credit) in 2026 and completed its IPO and stock listing on the Lao Securities Exchange in October 2025.

Differentiator

Problem solved

Functional benefit

Brands

• JDB YES Mobile Banking: Mobile banking application for customers to conduct financial transactions digitally
• JDB Merchant App
• JDB YesPay
• Nongfa Credit
• JDB Premium
• Nongfa Taonhai

Products and services

• JDB YES Mobile Banking Mobile banking application enabling customers to conduct financial transactions, loan applications, and account management on smartphones. Supports JDB YesPay QR payments.
• JDB Online Banking Internet banking platform for account access and online financial transactions.
• Statement Online Online portal for viewing and managing account statements.
• JDB Merchant App QR code payment acceptance application for merchants supporting Chinese e-wallets (Alipay, WeChat Pay, UnionPay Mobile); available on App Store and Google Play with multilingual support.
• EDC (Electronic Data Capture) Terminal Electronic card payment terminal accepting EMV chip cards, contactless payments, and QR codes (AliPay, UnionPay QR, WechatPay, JDB YesPay); supports Lao, English, and Chinese languages.
• Savings Account Interest-bearing deposit account for individuals with regular income seeking savings; includes ATM card with accident coverage.
• Fixed Deposit Account Term deposit with higher interest rates; available in LAK, THB, USD, and CNY with terms ranging from 3 to 48 months.
• Current Account Checking account for frequent transactions; enables payments via bank's check system instead of cash.
• Payroll Loan Personal loan for salaried employees with payroll through JDB; maximum term 2 years, borrowing capacity 5-10x monthly salary.
• Government Worker Loan (WFGov) Personal loan for civil servants; maximum term 2 years for enhancing household financial liquidity.
• Special Loan (Deposit-Secured) Secured personal loan using JDB or other bank deposits as collateral; maximum term 5 years.
• Nongfa Credit (Digital Lending) Digital personal loan product accessed through JDB YES Mobile Banking App with international-standard data security.
• Visa Debit Contactless Contactless debit card accepted internationally via Visa network.
• Visa Silver Card Credit card with Silver tier benefits.
• Visa Gold Card Credit card with Gold tier benefits.
• Visa Champa Super Gold Premium credit card with enhanced benefits.
• UnionPay Debit Contactless Contactless debit card via UnionPay network.
• UnionPay Gold Card Gold tier card via UnionPay network.
• UnionPay Platinum Card Platinum tier card via UnionPay network.
• Overdraft Loan Services Short-term credit facility for working capital in sectors including industry, commerce, construction, transport, and agriculture; revolving credit up to 1 year.
• Corporate Loan Services Long-term loans for investment and business expansion across industry, commerce, construction, transport, and agriculture sectors.
• Bill Discounted Service Short-term financing by selling promissory notes/bills to bank at discount; bank purchases at 80% of face value.
• Bank Guarantee Guarantee service for companies and individuals requiring financial guarantees for contracts with government or other beneficiaries.
• Asset-Based Loan Loan secured by assets.
• SME Loan Loan with 1-5 year term for manufacturing, distribution, and service SMEs; covers construction, contracting, transport, and hospitality.
• Corporate Loan Long-term loan up to 5 years for large enterprises including import-export companies, machinery purchases, hydropower construction, and new ventures.
• SWIFT International Transfer International money transfer via SWIFT network.
• MoneyGram International Transfer International money transfer via MoneyGram network.
• JDB Account-to-Account Transfer Free instant transfer between JDB accounts.
• Interbank Money Transfer Transfer between different banks via interbank network.
• NPS Money Transfer Transfer via National Payment System (NPS).
• Nongfa Savings Account Special savings account with higher interest rates; no minimum balance required; eligible for lucky draw prizes on each deposit; available in LAK, USD, THB, CNY.
• JDB Premium Fixed Deposit Premium fixed deposit with special prizes including travel packages and premium gift sets; minimum 1 billion LAK, 2 million THB, or 50,000 USD.
• ATM ALL IN ONE Card ATM card with accident coverage; maintenance fee 5,000 LAK/month with 20,000 LAK/year accident coverage.

Quantifiable outcome

• Assets grew 26% in 2025 vs 2024; deposits up 17%, loans up 11%
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

AI capability4 records

Feature7 records

Partnerships

13 partnerships are on record, tiered core and supporting.

• Lao Securities Exchange (LSX)coreOthers · 10 October 2025JDB conducted its IPO and listed shares on the Lao Securities Exchange on October 10, 2025, marking the first stock trading debut in the Lao securities market. This partnership enables JDB to raise capital through equity issuance and provides investors access to JDB shares on the exchange.
• SWIFTcoreTechnology or IntegrationJDB maintains active connectivity to the SWIFT network for international financial messaging, enabling cross-border banking operations and international transfers for customers.
• VisacoreTechnology or IntegrationJDB operates as an issuing member of the global Visa scheme, offering Visa Debit Contactless, Visa Silver Credit, Visa Gold Credit, and Visa Champa Super Gold cards. Joint promotions include FIFA World Cup 2026 co-marketing.
• MastercardcoreTechnology or IntegrationJDB provides acceptance for Mastercard card schemes as part of its international card payment services.
• UnionPaycoreTechnology or IntegrationJDB offers UnionPay Debit Contactless, UnionPay Gold Card, and UnionPay Platinum Card products. UnionPay QR payments are supported through JDB Merchant App and EDC terminals.
• JCBsupportingTechnology or IntegrationJDB provides acceptance for JCB card scheme as part of international card services.
• AlipaycoreTechnology or IntegrationJDB Merchant Application accepts Alipay QR code payments from Chinese tourists and customers, enabling merchants to serve Chinese visitors conveniently.
• WeChat PaycoreTechnology or IntegrationJDB Merchant Application accepts WeChat Pay QR code payments from Chinese tourists and customers through the mobile app and EDC terminals.
• Lao Securities Commission (LSEC)coreOthersRegulatory body overseeing securities operations. JDB completed its listing under LSEC supervision and compliance requirements.
• BCEL (Banque pour le Commerce Exterieur Lao Public)supportingTechnology or IntegrationInterbank partnership allowing ATM card acceptance at BCEL terminals for JDB cardholders, and JDB cards accepted at JDB ATMs.
• LDB (Lao Development Bank)supportingTechnology or IntegrationInterbank partnership for ATM card mutual acceptance.
• ICBC (Industrial and Commercial Bank of China)supportingTechnology or IntegrationInterbank partnership for ATM card acceptance, enabling JDB cards to be used at ICBC ATMs.
• Lao Bank AssociationsupportingStrategic or Co-development PartnerJDB participates in the Lao Bank Association, contributing to industry standards and collaboration among financial institutions.

Scale indicators15 records

Recent moves8 records

Expansion highlights6 records

Regional players

• Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank): Top-tier Vietnamese commercial bank with regional presence and cross-border Mekong trade-finance expertise. Comparable as a state-linked diversified commercial bank with digital and card issuance capabilities comparable to JDB's roadmap.
• ACLEDA Bank: Cambodia's largest commercial bank and one of the most digitalized banks in mainland Southeast Asia. Comparable as a regionally dominant listed commercial bank targeting retail, SME, and corporate clients with similar deposit/lending/card businesses, though operating in Cambodia rather than Laos.
• Kasikornbank (KBank): Major Thai commercial bank with regional digital banking investments across ASEAN. Comparable as a large retail/SME digital banking operator using a branch-plus-mobile model similar to JDB's planned transition.
• Krung Thai Bank (KTB): Thai state-owned commercial bank with deep cross-border trade-finance relationships in Lao PDR and across Mekong economies. Comparable as a government-linked diversified commercial lender; JDB's pre-2010 Thai-investor heritage makes this a useful comparable on ownership history and Lao franchise strategy.

Direct peers

• Agricultural Promotion Bank (APB): Lao state-owned bank focused on agricultural and rural lending; competes with JDB's SME loan franchise and participates in the same domestic ATM/payment ecosystem. Targets overlapping small business and payroll-based retail customers.
• Lao-Viet Bank: Joint Lao-Vietnamese commercial bank operating in Lao PDR with similar retail and corporate deposit, lending, and card products. Part of the same interbank ATM network and competing for cross-border trade-finance and remittance business with JDB.
• Maruhan Japan Bank Lao: Japanese-Lao joint venture commercial bank operating in Lao PDR with retail and corporate banking services, ATM interoperability with JDB, and similar target segments. A direct competitor in the Lao commercial banking market.
• Lao Development Bank (LDB): State-owned policy/commercial bank in Lao PDR directly competing with JDB for corporate and SME deposits and loans. LDB participates in the same interbank ATM network with JDB and serves overlapping government-employee and institutional clients.
• Banque pour le Commerce Exterieur Lao (BCEL): State-owned national commercial bank of Lao PDR and JDB's primary domestic competitor. BCEL operates a similar nationwide branch network, ATM infrastructure (with which JDB has ATM interoperability), and full deposit/lending/payment services targeting retail, SME, and corporate customers.

Broad incumbents

• Industrial and Commercial Bank of China (ICBC) Lao Branch: Global systemically important bank with a Lao branch that has ATM-card interoperability with JDB and competes for Chinese-investment-linked corporate and trade-finance business. Included as a Chinese-state-owned incumbent that shapes the competitive landscape for JDB's cross-border settlement and corporate franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@jdbbanklaos
• Facebookfacebook.com/jdbbanklaos
• TikToktiktok.com/@jdbbanklaos
• Instagraminstagram.com/jdbbanklaos
• LinkedInlinkedin.com/company/joint-development-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Joint Development Bank