Branch Banking
Commonwealth Bank keen on expanding in Indonesia
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.
RHB Bank inaugurates its Bangkok branch
The lender attempts to capture Thailand, which it calls ‘the place’ in Asia for seizing growth opportunities in the region.
Bank Muamalat to open 3 branches in 2011
Bank Muamalat will open three new branches to add to its existing network of 55, said its chief executive officer, Datuk Mohd Redza Shah Abdul Wahid...
Vietnam has too many banks, says StanChart chief
Vietnam’s banking industry is too small to support its 80 plus banks, according to Louis Taylor, general director of Standard Chartered Vietnam Bank...
Bank of Baroda targets 15 new international branches
The lender seeks to install new branches in Kenya, Tanzania, New Zealand, some other parts of Africa and Middle East.
ICBC to open Calgary branch
The lender steps up Canada expansion after setting up beachhead by buying 70% of Bank of East Asia (Canada).
Westpac Bank gets go signal for Beijing branch launching
Branch would be the lender’s second in China as it expand in its strategically important market for its customers.
Commentary
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