Branch Banking

China's Bank of Communications opens its first London subsidiary

Bank of Communications opened its first overseas subsidiary in London to improve cross-border business and provide global wealth management services...

China's Bank of Communications opens its first London subsidiary

Bank of Communications opened its first overseas subsidiary in London to improve cross-border business and provide global wealth management services...

Sumitomo Mitsui Bank to open branch in Chongqing

Sumitomo Mitsui Banking Corp. will become the first Japanese bank open a branch in Chongqing, China, by June.

Bank Muamalat opens branch in rapidly growing Besut district

Bank Muamalat opened a branch in Taman D Lahar, Kota Putera, in Besut district.

India's Andhra Bank to start operations in Malaysia

India's Andhra Bank plans to start operations in Malaysia by as early as next month, according to a report citing the bank’s chairman and managing...

Exim Bank of China to boost Xinjiang's economic growth with new branch

The Export-Import Bank of China opened its 19th branch in China at Urumqi, capital city of northwestern Xinjiang Uygur Autonomous Region, according...

Bank Of East Asia Taiwan inaugurates CNY services

Financial Supervisory Commission of Taiwan granted approval of operations.

Scotiabank on its way in Asia expansion

The bank’s meager exposures in international areas gave is among its areas of strength.

Taiwan’s government-linked banks to expand domestic banking operations

The move to prepare Taiwan lenders to weather possible economic downturn due to US and Europe crises.

ICBC Beijing now monitors service outlets in real time

All services in all outlets under ICBC Beijing are now monitored in real-time.

Taiwan banks allowed to open more mainland branches

Four Taiwanese banks will be allowed by China to open branches in the country to boost financial cooperation, according to the China Banking...

Federal Reserve gives nod to Westpac’s engagement in nonbanking operations

The bank’s US unit announced earlier it would buy J O Hambro, which offers investment advisory services.

Bank Mandiri ready to open Shanghai branch

Bank Mandiri expects to open a new branch in Shanghai later this year to boost its business and tap Indonesian corporations in China. It waited for...

Al Rajhi Bank opens in Sabah as development corridor takes off

The opening of an Al Rajhi Bank Malaysia in Sabah is deemed timely as it coincides with the taking off of the Sabah Development Corridor, introduced...

China banks may get license to operate in Taiwan in Q12012

Chinese lenders’ focus on corporate banking poses a threat to its Taiwanese counterparts in competing for patronage from Taiwanese enterprises.

Woori Finance and BBVA inks deal for strategic partnership

The South Korean lender targets expanding its sales activity in South America through its Spanish partner.

ABC's cross border RMB settlement reaches 121B by end of August

The Agricultural Bank of China recorded cross-border RMB settlement volume of RMB121 billion by end of August, including an increase of RMB89.15...

Bank of India launches New Zealand branch

The lender follows footstep of Bank of Baroda which gained a local banking licence in 2009.