There is not a big difference in the quality of service and security of your funds between private and state-owned banks. The most important aspect is to learn about the bank’s regulations, and choose the one that works best for you. However, if you are used to transferring money or wish to do business in Laos, choose an international bank that has a branch in Laos. This will allow you to benefit from more flexibility in opening a multi-currency account and transferring money to and from Laos.