BSP Group CEO Robin Fleming told the Post Courier newspaper that the completion of the asset finance company in partnership with its current partner in Cambodia, RMA Group, will be complete within the first week of February.
"BSP is also close to completing purchase of an asset finance company in Laos in partnership with our joint venture partners in Cambodia, RMA Group," Fleming said.
The Bank of Lao has approved the purchase of 50% of RMA Group by BSP and BSP chairman Kostas Constantinou, Fleming and general manager Christophe Michaud travelled to Laos to meet with staff and inform them of the impending purchase and to provide them with details and background of BSP.
"The staff in Laos are excited about becoming the newest member of the BSP Group," Fleming said.
