Branch Banking
Taiwan urges lenders to boost China presence
Taiwan urges lenders to boost China presence
Only six Taiwanese banks have ventured to open a branch in China after restrictions were relaxed.
Chang Hwa Bank inks deals with 2 China lenders
Tie up with Bank of China and Bank of Communications furthers lender’s expansion in the country.
Maybank targets to earn its 40% of profit outside Malaysia by 2015
And according to Reuters, it’s now looking to buy a retail bank in Thailand.
Saxo Bank posts net profit of almost USD67m in H1 2011
This is a 37% decrease compared with the same time last year.
Bank Mandiri gets nod to launch China operations
In Shanghai, the lender will provide corporate fund collection, corporate loan distribution, export import trade transactions and remittance services...
Banks in Southeast Asia gears up for integration
Bank Indonesia and Bank Negara Malaysia lead ASEAN banking integration by 2020.
Fubon spots overseas investment opportunities
Despite weakening credit profile, the company to direct more funds into foreign investments with fixed incomes.
Bank of Baroda targets Africa expansion
The lender’s senior executives believe that the global economic crises could be favourable to the Indian banks operating overseas.
First Commercial Bank mulls launching branch in Chengdu
The lender applied for a second branch in China with its Shanghai operations earning US$500,000.
Sri Lanka's ComBank opens 200th branch
Commercial Bank opened its 200th branch in Kataragama. "Kataragama is an appropriate location for our 200th branch," Commercial Bank's Chief...
CUB to expand reach, but will remain a 'cub,' says CEO
City Union Bank will be setting up more branches and ATMs this fiscal.
Indian Bank needs $500M for Lanka, Singapore and HK operations
Indian Bank will raise a loan of up to $500 million for its overseas operations.
Tibet allowed to put up regional bank
The China Banking Regulatory Commission has approved the establishment of a regional bank in the Tibet Autonomous Region with initial capital adding...
Maybank to add 120 Indonesian branches in 2 years
Maybank plans to add 120 branches in Indonesia overthe next two years.
Spain's Banco Bilbao allowed to open Seoul branch
South Korea's financial watchdog said Wednesday that it gave the green light to Spanish lender Banco Bilbao Vizcaya Argentaria S.A. to establish a...
Asian Banking & Finance Retail Banking Awards 2011 winners announced
The region's best banks were recognised at this year's awards held in Singapore. More than 150 bankers from around Asia were on hand to cheer on the...
Malaysia mulls to add leniency to foreign banks’ expansion
Bank Negara Malaysia opened up a wider door for Southeast Asian banks to add number of branches.
Commentary
Asia plays part in $129t global credit market pool
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind