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Branch Banking

RHB Thailand raising capital for expansion

59 reads

Remains intent on asset acquisition to fuel expansion. RHB Bank Bhd Thailand, Thai unit of Malaysia's fourth-largest lender, intends to boost capital to go forward with an aggressive expansion plan. Read ››

A closer look at Indonesian banks' declining NIM

Hanel Topada
BY HANEL TOPADA
56 reads

Since reference rate is at its lowest throughout the history, whilst inflation stays low, the banks struggle to earn yield. Read ››

Axis Bank to open first branch in China

52 reads

Will also be the first Indian private sector bank branch in China. Read ››

Big Four stop doing business with North Korean bank

33 reads

Increases pressure on North Korea to abandon nuclear power program. Read ››

ICBC Thai focusing on retail market

51 reads

Wants retail to account for 50% of total income by 2016. Read ››

Sumitomo Mitsui to open bank branch in Perth

88 reads

Expansion into Western Australia driven by need to support Japanese firms. Read ››

Overseas Indian banks post high credit growth

75 reads

Growth stood at 27% 2011-12 compared to foreign banks operating in India. Read ››

BOC to expand operations in Cambodia

137 reads

Bank of China prompted by rapid business growth in Cambodia. Read ››

Indian banks boosting overseas staff

68 reads

Number of employees working abroad rose 6.1% in fiscal year 2011-2012. Read ››

Citi Philippines has new head

148 reads

Batara Sianturi is the new Citi Country Officer for the Philippines and the Philippines/Guam Cluster Head. Read ››

There's no stopping Asian bank's digitalisation

Dean Young
BY DEAN YOUNG
271 reads

When it comes to Asia, digitalisation is crucial for businesses to succeed. Read ››

Citi Philippines named Best Bank in Asia Pacific--again

113 reads

Is the ninth straight year the bank has won the award. Read ››

BDO aims for 800 branches in 2013

136 reads

Branch expansion a hedge against tougher regional competition. Nestor Tan, President of BDO Unibank Inc., the largest Philippine lender by assets, said the bank will add 50 more branches to its network this year. Read ››

Indian banks opening more branches in tax havens

155 reads

Indian banks open 55 branches in tax-friendly states. Indian media says 55 of the 100 international branches of Indian banks are in well-known tax havens. Read ››

Maybank pushes Philippine expansion

246 reads

Plans to open 25 branches this year and 25 in 2014. Read ››

2 possible scenarios in the Eximbank-Sacombank merger

306 reads

Check out which scenario is more favorable. Maybank Kim Eng looks at two merger scenarios. Read ››

Singapore driving Indonesian banking expansion

Martin Smith
BY MARTIN SMITH
439 reads

Singapore has long been considered the epicentre of wealth management and financial services for Asia, and to a greater extent the globe. Read ››

Find out what supports Japanese mega banks' overseas operations

204 reads

Foreign-currency liquidity and certificates of deposit are on the list. Read ››

Eximbank-Sacombank merger to be Vietnam's largest M&A deal to date

263 reads

The combined entity would have a market cap of about USD2b. Read ››

CCB opens branch in Russia

241 reads

China Construction Bank becomes third Big Four bank operating in Russia. Read ››

SBI plans to double UK branches

221 reads

Expansion will see 20 branches by 2018. State Bank of India’s network expansion attests to the strong appeal of the UK as a retail banking market notwithstanding its maturity and tougher regulation since the 2008 financial crisis. Read ››

Small Hong Kong banks dead set on expanding abroad

306 reads

Blame it on competitive pressure in a mature low interest-rate Hong Kong market. Read ››

Bank Mandiri's branch network now 1.8 times the size of BCA's

286 reads

Branch network increased by 1.6 times between 2009 and 2012. Read ››

Mizuho hunts for assets in the USA

205 reads

Japan's second-largest bank intends to acquire a US commercial bank in the next three years, Mizuho Financial Group, Inc. Read ››

RBS to fire employees at Indian unit

407 reads

Layoffs part of the bank’s plan to wind down its retail and commercial operations in India. Read ››

India urges China to broaden banking ties

276 reads

Its aim is to reduce financial barriers in order to create a more conducive environment for companies. Read ››

Myanmar opens banking sector more to foreigners

426 reads

Foreign banks could own majority shares in joint-venture banks. New legislation due to be passed in April might allow foreign banks to own to also apply for licenses for wholly-owned subsidiaries. Read ››

More Indian banks open full branches in China

303 reads

Union Bank of India is the latest to apply for permission to upgrade a representative office. Read ››

Westpac eyes to expand in Asia

236 reads

Australia’s second largest bank’s major play for Bank of East Asia underscores expansionist leanings. Read ››

State Bank of India to open second Chinese branch

322 reads

Will be located in Tianjin, the largest coastal city in northern China. Read ››

Hana Financial to delist KEB after buy out

352 reads

Will follow its taking over 100% of Korea Exchange Bank. Read ››

Hong Kong banks threatened by intensifying competition from foreign banks

406 reads

Aggressive Chinese banks increased their presence in Hong Kong from 9% to 15%. Read ››

Maybank injects US$100m capital for growth in the Philippines

311 reads

It recently invested US$48m for a new head office in Manila. Read ››

PNB-Allied Bank merger to be completed in February

270 reads

Consolidated earnings expected to decline 7.5% to PHP5.7b this year. Read ››

Three banks want Rabobank's Indonesian unit

506 reads

Industrial and Commercial Bank of China seeks strong presence in Indonesia. Read ››

Pakistan wants more branchless banking

331 reads

There exists a large ‘financially-excluded’ market in Pakistan. State Bank of Pakistan Governor Yaseen Anwar based this observation on numbers, which revealed that there are 120 million mobile phone subscribers and 32 million banking accounts, whereas the number of borrowers is only 5.7 million. Read ››

Industrial and Commercial Bank of China to open in New Zealand

388 reads

The world’s biggest bank continues aggressive overseas expansion. State-run Industrial and Commercial Bank of China is to set up in New Zealand under the name New Zealand Ltd. Read ››

China Minsheng to do investment banking in Hong Kong

538 reads

Internationalization of the renminbi fuels move. Privately owned bank China Minsheng Banking Corporation will open an investment banking unit in Hong Kong, after receiving approval from its board of directors. Read ››

Bank of China establishes Middle East subsidiary

528 reads

Bank of China Ltd opens office in Dubai. The subsidiary, Bank of China Middle East Dubai Ltd or BOC Middle East, will provide all-round financial services, including deposit, project and trade finance, investing and financing consulting and arrangement, asset management and escrow arrangement services, among others. Read ››

Philippines' China Bank caps 2012 with expansion

393 reads

China Bank opened five branches in December, closing 2012 with a nationwide network of 325 branches. Read ››