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Fixed Deposits In Laos

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16% annual interest can still be gotten from EMI for 24 month fixed deposits http://www.emimfi.com/emiweb/ . It's a microfinance institute, not a bank, but the service is good and you do not need a residence permit. Been around for over 10 years and was started with World Bank backing. I've had funds there for over a year and so far so good.

16% in Kip, Baht or USD, may I know? Anyway, thanks for useful info, David.

Sorry for the delay in responding, it's in kip. They only operate in kip whereas many of the banks offer accounts in THB/USD/kip...

  • 4 months later...
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  • 4 weeks later...

Microfinance EMI curtailed deposit rates in Kip effective July 2016

- saving 5%

- term deposit 10% for 1yr, 14% for 2yr

  • 5 months later...

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