Branch Banking

How banks in Asia-Pacific can survive in an age of declining profitability
5 Aug 19
Cutting down branches and migrating banking services to online and mobile channels are key to keeping costs down.
Banks into hubs: OCBC NISP embraces guesthouse-feel branches
30 Jul 19
Select outlets draw on a mix of batik and contemporary aesthetic and feature special aromatherapies.
Chinese bank branches hit 228,600 in 2018
24 Jul 19
Around 5,600 branches were set up in far-flung communities.
Taiwanese bank branches drop to eight-year low in May
15 Jul 19
Banks have yet to apply for an application to open a new branch since the start of the year.
How Thai banks are breaking the branch mold
15 Jul 19
Krungthai Bank is looking to launch five more retail-like branch formats in 2019.
Chart of the Week: How many branches do Korean banks have left?
25 Jun 19
The number fell from as high as over 7,500 in 2014.
MUFG to close 80 more branches
24 May 19
The move aims to cut costs and boost efficiency gains.
Bank of Communications unveils branch in Prague
24 May 19
The latest opening marks its 23rd overseas unit.
Bank of Singapore unveils European wealth subsidiary
3 Apr 19
The private bank opened branches in London and Luxembourg.
Bank of Singapore appoints veteran banker Richard Hu as Greater China market head
25 Mar 19
He previously occupied top posts at Julius Baer, Credit Suisse, UBS Wealth Management and Citi Private Bank.
Japan tightens profitability rules on struggling regional banks
18 Mar 19
Underperforming lenders may be requested to close down branches.
Korean banks' employee numbers drop 9.2% in 2018
18 Mar 19
The rise of mobile and online banking meant less branch staff.
RHB deepens Malaysian presence with new Perak branch
12 Mar 19
It marks its 20th branch in the state.
ICBC unveils first Philippine branch
11 Mar 19
It is the 12th foreign lender to secure a license after the country loosened up the industry to global players.
ABN AMRO unveils branch in Sydney
8 Mar 19
Peter Davis will lead the Dutch lender's operations in Australia.
DBS to set up over 100 touchpoints in India
5 Mar 19
The bank plans to open nine new branches in March alone.
HSBC Singapore revamps branch network
1 Mar 19
This will include the revamp of its flagship branch in Claymore.
MUFG appoints Calvin Nguyen as director and head of global corporate banking in Vietnam
27 Feb 19
He was the previous global banking country head in Vietnam International Bank.
Philippine rural banks call to stop shrinking industry
26 Feb 19
Around 139 rural lenders have shut down operations since 2009.
Standard Chartered unveils new branch at Singapore shopping centre
19 Feb 19
It features an automated Cash Bag Deposit machine for business banking clients.
Bank of Taiwan unveils representative office in Manila
4 Feb 19
Its next target for expansion include Vietnam, Indonesia, and Malaysia.
Indonesia urged to cut bank network to 70 lenders
31 Jan 19
The bank association believes that this is the ideal number to foster competition.
CIMB offers reimbursement scheme for foreign remittance
18 Jan 19
CIMB Preferred customers can get up to $24.31 per day.
Korea's IBK gets go-ahead for takeover of 2 Indonesian banks
15 Jan 19
It is aiming to merge the two banks to launch IBK Indonesia within 2019.
Maybank transfers community financial services business to Singapore subsidiary
5 Nov 18
Around 1,850 employees will be moved to the subsidiary.
Chart of the Week: Which ASEAN country has the largest branch network?
17 Oct 18
Thailand and Indonesia are the branch-heavy countries.
MUFG Bank to form venture with property agency to redevelop closed branches
11 Sep 18
The new company will also study where to put slimmed-down branches.
The ARK: UnionBank's take on the future of branch banking
30 Aug 18
A branch with no bank tellers, no long lines, and completely paperless, The ARK pushes the frontiers of digitalising the country’s banking...
UOB unveils subsidiary in Vietnam
7 Aug 18
It's the first Singapore bank to open a foreign-owned Vietnamese unit.
Is branch banking still relevant as Singapore lenders migrate their services online?
30 Jul 18
The branch-lite push could result in lower office space demand.
India to close a third of overseas public sector bank branches
24 Jul 18
Around 70 foreign branches may be shuttered by end 2018.
India's Federal Bank secures clearance to expand to Bahrain, Kuwait and Singapore
23 Jul 18
It is only awaiting local approval before starting operations.
BEA China is the first foreign bank receiving clearance to open Shenzen branch
23 Jul 18
The bank has received the greenlight from China's banking regulator.
China Bank to open 10 more branches before year ends
19 Jul 18
The bank has reportedly set aside as much as $186,000 per branch.
Indian ATMs and bank branches are falling short of hot demand
18 Jul 18
Rajasthan village has no banking infrastructure to serve its 5,500 residents.
China greenlights establishment of overseas banks
16 Jul 18
Arab Bank has received the green light to set up a Shanghai unit.
Korean banks secure clearance to expand foothold in India
9 Jul 18
KEB Hana Bank and KB Kookmin Bank are looking to tap into India's growing wealth.
Taiwan's Chang Hwa Bank opens Manila branch
5 Jul 18
The branch will be CHB’s 12th overseas foothold.
Punjab National Bank shuts down nearly all operations in fraud-hit Mumbai branch
4 Jul 18
Only retail operations are said to remain operational at the Brady House branch.
DBS on track to launch Indian subsidiary by October
27 Jun 18
The bank is only waiting for final greenlight from the central bank.

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Events Calendar

Aug 28
ABF Digital Payments Summit 2019
Hotel ICON, Level 1, Silverbox Ballroom 1-3, 17 Science Museum Rd, Tsim Sha Tsui, Hong Kong
Oct 22
ABF Digital & Open Banking Conference 2019, Singapore
Singapore
Nov 19
ATMIA Asia ATM Innovation & Security Congress 2019
Shangri-La Hotel, Kuala Lumpur, Malaysia