ICB Financial Group Holdings AG
Approval of Banking License in Laos
ICB Financial Group Holdings AG is pleased to announce that it has received
approval of a license from the Central Bank of the Lao PDR to establish a bank
to be known as International Commercial Bank Lao Limited ("ICB Lao") in Laos.
The official opening ceremony would be held on 8 October 2008.
The establishment of ICB Lao is in line with the Group's plan to expand its
banking network in Asia where it already has a presence in Indonesia and
Bangladesh.
6 October 2008
The Company's AIM nominated adviser is RFC Corporate Finance Ltd. Contact
Stephen Allen or Damien Kelly on +61894802500.
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