LVI celebrates 2nd anniversary and opens new branch in Laos

Publish date
31/03/2011

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LVI celebrates 2nd anniversary and opens new branch in Laos

On 2 June 2010 in Vientiane, Laos, Joint stock company of Insurance Lao-Viet (LVI) celebrate its anniversary of foundation. In particular, the ceremony take place at same time as the ceremony of 11th anniversary of foundation of Lao-Viet joint stock bank (LVB) and in opening the new headquarter of LVB and LVI at 44 Lanxane, Vientiane, Laos. This is an important event to LVI after 2 years of operation in Laos, which confirm its position and growth

 

 

The ceremony has the honor to receive Mr  Xaman Vinhaket – Politburo member, direction head of the theoretical, ideological and centralculture of Laos and Mrs. Pany Yathotou -Politburo member and Vice Chairman of Lao National Assembly. The ceremony was also attended by Mr Phuphet Khamphouvong – Director of Central Bank of Lao PDR (BOL) and Tran Bac Ha - Chairman of the Bank for Investment and Development of Vietnam (BIDV)

Joint stock company of Insurance Lao-Vietwas established in 2008 by founders the bank BCEL, bank LVB and Insurance company BIDV. Currenty, LVI has developed over 100 agencies for professional insurance, covering in full 17 provinces, cities of Laos and provides more than 30 insurance services of types. With effort and determination of the entire staffs, team leaders, shareholders of LVI revenue premiums of LVI grows continuously every year with impressive rate above 200%, especially revenue within 06 months of 2010 grew up over 400% compared with the same period in 2009. LVI rises to the second rank in the insurance market in Laos forits market share. In addition to the market share growth, LVI has built an image as the insurance company compensating the fastest,  meet the needs of customers at most.

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