Branch Banking

Malaysia mulls to add leniency to foreign banks’ expansion

Bank Negara Malaysia opened up a wider door for Southeast Asian banks to add number of branches.

Malaysia mulls to add leniency to foreign banks’ expansion

Bank Negara Malaysia opened up a wider door for Southeast Asian banks to add number of branches.

Hua Nan Financial mulls setting up China leasing company

The lender seen to use its affiliate Hau Nan Bank to form a leasing firm to immediately engage in CNY-based businesses in the Mainland.

Bank of Baroda to put up 12 branches abroad

The bank’s branch expansion plan will focus on 4 East African countries.

Muamalat allocates RM56M for branch renovations/relocation

 Bank Muamalat Malaysia Bhd has allocated about RM56 million to renovate or relocate its 56 branches.

DBS Bank targets to step up India presence

The lender to set up four branches immediately after India’s central bank gives nod to expansion plan.

Bank Islam eyes 32 new branches by 2014

Bank Islam Malaysia Bhd  plans to open 32 new branches by 2014 including in Sabah and Sarawak.

Commonwealth Bank keen on expanding in Indonesia

The lender resorts to overseas income to compensate lethargic lending in Australia.

Philippines’ central bank approves banks to open 100 new branches

The ruling will enable lenders cater to financial needs of booming business activities in the country especially in rural areas.

Top 4 Australia banks ride on China’s growth

ANZ, NAB, Commonwealth Bank, and Westpac are competing for pole position in Australia’s largest trading partner.

Fed gives Bank of Taiwan nod to open New York branch

The lender cleared to hold financing, syndicated lending, purchasing and holding securities, remittances and foreign-exchange trading services in the...

ICICI Bank targets 1,500 new branches in 4 years

Inclusion of Bank of Rajasthan’s 450 branches into the network comprises a huge fraction of additional branches.

China still supportive of commercial bank expansion

China Banking Regulatory Commission announced that it will keep approving domestic lenders' establishment of new branches.

ANZ Bank commences Mumbai operations

The Australian bank to give a full range of Indian Rupee and foreign currency banking services.

China and India bank applies for licenses in Australia

AgBank, BoCom, Bank of Baroda, and Union Bank of India among the ten international banks to exploit Australia’s booming mining and resources industry...

Maritime Bank to open 6 branches

The State Bank of Vietnam approved Maritime Bank's application to open six new branches.

Maybank and POS Malaysia banking services reach out to Sabah

The partnership also plans to introduce additional services such as money transfer and the opening of savings accounts soon.

Philippine central bank seeks to loosen bank branching curb

Involves partial lifting of moratorium on the establishment of new banks in 8 restricted areas in nation’s premiere metropolitan area.