Branch Banking

Weak growth in store for Indian banks

Indian banks are in for lower asset quality and weaker earnings in the next two years.

Weak growth in store for Indian banks

Indian banks are in for lower asset quality and weaker earnings in the next two years.

HSBC to expand reach in India

HSBC is in the final stages of acquiring the bulk of the Royal Bank of Scotland's Indian business. HSBC expects the Reserve Bank of India, the...

China still a gold mine for foreign banks

Foreign banks still look towards revenue growth of 20% in China despite the country’s unnerving economic slowdown.

Mainland banks bet big on Taiwan

Mainland investments in Taiwan’s banking industry account for 31% of all of China’s investments in Taiwan since 2009.

J.P. Morgan Chase Bank to open Suzhou branch

The Suzhou arm is the JP Morgan's sevent branch in mainland China. 

BTMU to expand banking business in Turkey

Japan’s largest bank will invest US$300 million to establish a subsidiary in Turkey.

Rumours of the death of the bank branch have been greatly exaggerated

The global banking industry is pretty much at an all time low in terms of reputation. Nowhere is this so true as in the UK, where it might have been...

State Bank of India to open 56 ultra small branches

State Bank of India will open up 56 Ultra Small Branches in 5 districts of Assam and one district of Manipur by the end of this month.

ICBC completes acquisition of U.S. bank

The US$140 deal was signed in January 2011 and approved by the Fed in May.

Chinese bank opens for business in Sweden

Bank of China has opened the first Chinese bank branch in the Nordic region.

Five foreign banks end Philippine operations

Financial turmoil in their home countries forces American Express Bank and four other foreign banks to depart the Philippines.

India's public sector banks continue expansion spree

India's public sector banks added about 5,000 branches in 2011-12, estimated to benefit seven crore customers in the country.

UBI targets to boost credit growth by 20%

Union Bank of India intends to open three overseas branches by early 2013 to achieve this goal.

Malaysia's OCBC Al-Amin offers 7 days,day and night Islamic banking

OCBC Al-Amin Bank launched Malaysia's first standalone seven-days-a-week Islamic day-and-night banking branches.

Malaysia's Hong Leong Bank to open 20 "Mach" branches

Hong Leong Bank will open 20 new branches for its new sub-brand, Mach by Hong Leong Bank, in the next two years.

Foreign banks with large deposits must incorporate in Singapore

Singapore takes an unusual step to protect its banking sector amidst the ongoing international financial crisis.

CIMB Group set for Asian expansion

One of Southeast Asia’s top-ranked and most aggressive banks is now in a position to challenge its larger western rivals in Asia.