Branch Banking
HSBC opens 58th Malaysian branch--the first in Sabah-Sarawak
HSBC opened its first branch in the Sabah-Sarawak area at Inanam, expanding the total Malaysian branch network to 58 location.
DBS opens experimental branch
DBS Bank opened a POSB bank branch as an experiment of sorts in bringing down the cost of banking and shorten service times.
India continues disincentives to branch banking
A leading Singapore bank raises the issue that some Indian taxes restrict the growth of branch banking in India.
VietinBank penetrates Lao market
VietinBank offically opened a branch in the Lao People’s Democratic Republic.
Banco Filipino does a phoenix--for the second time
A leading Philippine savings bank shuttered twice by the government in a span of 25 years is to re-open for the second time this March.
Rothschild comes to the Philippines
In Asia, Rothschild provides investment banking, private banking and venture capital services.
The Mainland finally branches into Taiwan
Two of China’s top five banks are to establish branches on Taiwan, becoming the first Mainland lenders to bank on the island.
The Philippines’ 2nd largest bank is expanding
Adding 50 more branches will bring the branch network of Metropolitan Bank and Trust Company (Metrobank) to over 800, the largest in the Philippines...
Philippines’ EastWest Bank in massive branch expansion
East West Banking Corporation is getting ambitious to the tune of P6.63 billion.
HSBC seen to sell its Japan retail-banking unit
Sources said HSBC Premier could be shut if offers aren’t attractive.
Leading Philippine bank to go on M&A spree
Rizal Commercial Banking Corporation wants to buy more Philippine banks with nearly P5 billion.
India’s Corporation Bank pushes risky overseas expansion
Government-controlled Corporation Bank plans to establish 400 overseas branches in just two years.
China Construction Bank keen on buying a Brazilian lender
The Chinese bank in talks with 3 banks and may shell out US$600mn in the move.
Malaysia's CIMB to break into Philippine banking by March
CIMB Group Holdings Bhd will finally achieve its bridgehead in the Philippine banking industry within the next two months.
OCBC to open 7 branches in 2012
OCBC Bank plans to open seven new branches through Malaysia in 2012 to cater to its growing customer base.
Korean banks seek to step up Asia presence
Lenders seek to go beyond China and Southeast Asia to tap Kazakhstan, India and Bangladesh markets.
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Commentary
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