For Chinese "going out" enterprises' subsidiaries in LAOS which are in need of production or operation fund and credit support from banks, they may apply for financing from the Bank under the following precondition: the foreign subsidiary shall be secured by a SLC or L/G issued by a domestic branch of Bank of China or other commercial bank in which the Bank is appointed as the beneficiary.

• It can meet the financing needs for the "going out" enterprises to establish subsidiaries in Laos: A strong domestic corporate customer may have a Lao subsidiary with limited strength or not qualified for applying for financing credit independently from the Bank. Therefore, the Lao subsidiary may solve its financing needs through "domestic guarantee and foreign loan".
• It is simple and convenient: The financing application is handled through guarantee with rapid examination and approval of credit line, as well as easy procedures.

• Corporate customers in need of financing from Bank of China Limited Vientiane Branch for commercial activities between parent company in China and subsidiary in Laos or among affiliated companies.

1. The applicant contacts the business development department of Bank of China (Hongkong) Vientiane Branch, files the loan application and provides the above documents.
2. The Branch reviews the borrowers' application documents.
3. of Bank of China (Hongkong) Vientiane Branch contacts with relevant domestic branch of Bank of China or another commercial bank, and issue the letter of loan intent.
4. The borrower receives the valid SLC or L/G issued by the domestic branch of Bank of China or other commercial bank.
5. Both parties sign the loan agreement after the application is approved.
6. The borrower opens a loan account at Bank of China to obtain the loan.

1. Loan application.
2. Certificate of enterprise legal representative or power of attorney, board of directors resolution and the articles of association.
3. Valid enterprise corporate (legal person) business license (copy).
4. The borrower's audited financial statements of the latest tree years and latest financial statement.
5. Other documents and certificates required by of Bank of China (Hongkong) Vientiane Branch.