At PBB, we give you the flexibility of choosing from a wide range of different financing packages, depending on your financial needs. Financing is available for both personal and business use, such as purchase of assets, purchase of vehicles and machineries, working capital financing, etc.
Fixed Loan
To ensure a comfortable monthly installment amount, we offer long loan tenure of up to 15 years. Great savings as interest rates are calculated on monthly rest.
Overdraft (OD)
Allows you to draw additional funds quickly and conveniently from your current account when you require it.
- No fixed repayment schedule
- Interest charge only when funds are used
Trade Bills
Full range of trade finance facilities such as Bank Guarantee, Letter of Credit &Trust Receipt. Document collection services also provided.
Currency
Our financing packages are available in Lao Kip, US Dollar & Thai Baht to cater with your requirements.
Minimum documents required for applications
- Copy of Land Title
- Copy of ID, Family Book, Passport
- Residence certificate and Bio data
- Business License & Tax License (for the latest year)
- Financial statement (for the past 3 years)
- Bank statement for past 6 months
Loan interest rate as at 1 January 2024
| Loan & Advance |
LAK |
THB |
USD |
| Pricing rate |
Start from 9% |
Start from 8% |
Start from 7% |
*Pricing is subject to change from time to time
Processing Fees and Service Charges on Loan
| No. |
Service Charge |
Amount |
| 1 |
Processing Fee (A/A)
(% on Approved Limit)
|
- FD/Cash/Earmark Current Account (CA): USD200.
- Others: 1.00% (min. USD200) on approved limit.
|
| 2 |
Credit Risk Fee (A/A)
(% on Approved Limit)
|
| Customer's CRR Score |
Credit Risk Fee
(% on Approved Limit) |
| A & B |
0.50% |
| C and Below |
1.00% |
|
| 3 |
Processing Fee (Request) |
- Loan up to USD400,000: USD500
- Loan above USD400,000: USD1,000
|
| 4 |
Annual Review Fee
(Operative Limit) |
- FD/Cash/Earmark Current Account (CA): USD100
- Others: 0.50% p.a. (min. USD200)
|
| 5 |
Commitment Fee on Unutilized OD |
1.00% p.a. |
| 6 |
Collateral Evaluation and Inspection Fee |
USD200 |
| 7 |
Collateral Evaluation and Inspection Fee for property under progressive release |
- Loan up to USD100,000: USD30 per inspection.
- Loan above USD100,000: USD50 per inspection.
|
Late Charges on Loan
| No. |
Charges |
Amount |
| 1 |
Late Charge Payment
|
- A late charge shall be levied on any overdue installments and loan interest on balance released progressively remained unpaid calculated at 2% above prevailing loan interest but not exceeding 150% of the prevailing loan interest rate.
|
| 2 |
Reminder Fee
|
- For any reminder letter issued for overdue loan shall be charged for USD5.00 per reminder.
|
| 3 |
Penalty Interest Rate |
- If the account turns to non-performing loan, the pricing would be automatically increased to 2% above prevailing facility interest rate on the entire outstanding amount but not exceeding 150% of the prevailing loan interest rate.
|
Settlement Fees on Loan
| No. |
Charges |
Amount |
| 1 |
Early Loan Settlement Fee
|
- Any Loan offered which is settled within 3 years from date of full disbursement, variation of the loan approved, or amendment on agreement shall be charged 3% of original loan approved amount.
|
| 2 |
Non-Performing Loan Settlement Fee
|
- Legal Fee is including lawyer fee and any related payment paid by bank to file petition in court.
- Payment to court department: Court fee, property inspection fee and 2% of loan amount or amount fixed by court charged to the party who lose the case.
|
Insurance fee
| No. |
Charges |
Amount |
| 1 |
Fire Insurance
|
- Fire Insurance Premium is computed based on building’s valuation by the Insurance Company, renewed on annual basis until the property is discharged.
|
