Branch Banking
Bank of India launches New Zealand branch
Bank of India launches New Zealand branch
The lender follows footstep of Bank of Baroda which gained a local banking licence in 2009.
Maybank expects strong growth in Community Service Financial sector
Maybank expects its community financial services revenue to grow to RM12 billion in 2015, from the current RM6 billion, due partly to increases in...
Chang Hwa Bank maintains pace in China expansion
The lender also eyes setting up branch in Phnom Penh.
HSBC targets selling all Korean branches
The move is part of lender’s worldwide restructuring plan which includes sale of its U.S. credit card and retail services.
Hang Seng China gets nod to set up Xiamen branch
The lender’s Xiamen branch is the second in West Coast Economic Zone after one in Fuzhou.
Punjab National Bank opens Sydney office
The booming bilateral trade between India and Australia opens door to the lender’s entry in Sydney.
Maybank to open 6 branches in Sabah
Maybank Bhd will open at least six branches in Sabah as part of the commitment of the nation's biggest commercial bank to stimulate the economy, says...
DBS China’s profit surged by a record 160% in H1 2011
Deposits in the Development Bank of Singapore Deposits also grew by 90%.
NAB still has no agreement with NBNK Investments
The lender’s decision to sell its UK operations is still pending.
Bank of Baroda inaugurates 2 branches in Pune
Aside from expanding, the bank continues to evolve by bringing in new technology products.
Bank Persatuan to open Melaka branch
Bank Persatuan Malaysia Bhd will open its 14th branch in Melaka soon in an effort to expand its operations nationwide, reports Bernama.
Woori seeks licence to operate in India
The Reserve Bank of India has to allow at least 12 foreign banks to open local branches every year.
ICBC gains foothold in India market
The lender is the first of China’s Big Four to secure license from India’s central bank.
Macquarie Bank expands its operations in Singapore
The activities of Macquarie Private Wealth Asia will operate through the MBL Singapore Branch from September 8.
Mizuho to venture into Islamic Banking in Malaysia
Malaysia is giving out financial services licenses to foreign companies to boost banking industry competition.
Westpac to open 7 Bank of Melbourne branches
The move comes amidst renewed pressure to curb costs as many Australian lenders have seen their revenue decreased.
National Australia Bank plans to launch Jakarta office
The setting up of office will facilitate greater economic, trade and investment flows between Indonesia, Australia and New Zealand.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part