Branch Banking

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

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.

Indonesia's Mandiri to open branches in Vietnam, Myanmar, Thailand

Bank Mandiri may open branches in three neighboring countries as part of its plan to become a top lender in Southeast Asia.

Taiwan sees more business for its banks in China

China should facilitate the entry of more foreign banks into its restricted banking sector.

Big Four bank ramps up overseas presence

Armed with ample cash, China’s second largest bank will now accelerate its overseas expansion.

Indonesia to introduce ‘Branchless Banking’

Bank Indonesia wants banks to improve access to banking by introducing the so-called branchless banking.

China’s Big Four converge on Australia

China’s big banks are doing their utmost to fill the vacuum left by the withdrawal of European bankers from Australia.

10 Taiwanese banks may now set up mainland branches

China has given permisssion to ten Taiwanese banks to establish branches on the mainland.