Branch Banking

Al Rajhi Bank opens in Sabah as development corridor takes off

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.

Maybank expects strong growth in Community Service Financial sector

Maybank expects its community financial services revenue to grow to RM12 billion in 2015, from the current RM6 billion, due partly to increases in...

Chang Hwa Bank maintains pace in China expansion

The lender also eyes setting up branch in Phnom Penh.

HSBC targets selling all Korean branches

The move is part of lender’s worldwide restructuring plan which includes sale of its U.S. credit card and retail services.

Hang Seng China gets nod to set up Xiamen branch

The lender’s Xiamen branch is the second in West Coast Economic Zone after one in Fuzhou.

Punjab National Bank opens Sydney office

The booming bilateral trade between India and Australia opens door to the lender’s entry in Sydney.

Maybank to open 6 branches in Sabah

Maybank Bhd will open at least six branches in Sabah as part of the commitment of the nation's biggest commercial bank to stimulate the economy, says...

DBS China’s profit surged by a record 160% in H1 2011

Deposits in the Development Bank of Singapore Deposits also grew by 90%.

NAB still has no agreement with NBNK Investments

The lender’s decision to sell its UK operations is still pending.

Bank of Baroda inaugurates 2 branches in Pune

Aside from expanding, the bank continues to evolve by bringing in new technology products.

Bank Persatuan to open Melaka branch

Bank Persatuan Malaysia Bhd will open its 14th branch in Melaka soon in an effort to expand its operations nationwide, reports Bernama.

Woori seeks licence to operate in India

The Reserve Bank of India has to allow at least 12 foreign banks to open local branches every year.

ICBC gains foothold in India market

The lender is the first of China’s Big Four to secure license from India’s central bank.