Branch Banking
Hong Leong Bank to expand domestic footing
Hong Leong Bank to expand domestic footing
With acquisition of EONCap, the lender has greater distribution channels with additional 300 branches nationwide.
Maybank opens 10th Cambodian branch
Maybank expanded its network in Cambodia by opening its 10th branch in Kampung Cham.
Hong Leong Bank inaugurates Hanoi branch
The lender’s launching of its second branch in Vietnam and its first priority banking service signifies its commitment to reach out to customers in...
Hong Leong opens Ha Noi branch
Hong Leong Bank yesterday opened the Ha Noi branch and introduced the priority banking service in this branch. It is the second branch in Vietnam for...
DBS China on track for 50 Outlets by 2013
DBS China is on track for 50 outlets by 2013, with plans to open a total of at least eight new branches and sub-branches in 2011.
ICBC seeks to open first Brazil branch
The lender plans to establish full service unit in Sao Paulo with an initial capital of $100mn after expansion in US and Europe.
China’s city lenders to reduce speed of regional expansion
China’s regulator may reassess the operations of banks’ interregional branches as it advised them to focus on their own markets of origin.
Shinhan targets merging of 2 Vietnamese units
The bank to tap Vietnam’s high growth potential in terms of financial services as 15% of its population has bank account.
Bank of Baroda to set up branches in New Zealand
The lender’s board had approved the expansion of the bank’s operations with two new branches in Auckland and in Wellington.
Taiwan approves CCB’s application for local office
With the approval the CCB Taiwan representative office can engage in non-operating activities like communicate with Taiwanese banking institutions...
ANZ keen on expanding in Asia through M&A
Expects profit from non-Australia and New Zealand to rise by 30% as it aims to compete head-to-head with HSBC and StanChart.
StanChart Korea to shut down 27 branches
The lender assures no job cuts despite closures as it streamlines operations as it faces escalating competition.
Laos welcomes VietinBank branch
Laos’Permanent Deputy Prime Minister Somsavad Lengsavath expressed hope that VietinBank will help boost economic ties and trade between laos and...
Taiwanese lenders scramble to establish foothold in Vietnam
The banks follow suit the migration of Taiwanese companies to Vietnam behind its low manufacturing and labor costs.
Taiwan's Fubon wants rural bank business in China
Fubon Financial is considering opening rural banks in China in an effort to tap the mainland's fast-growing rural economy.
BEA to put up 22nd branch in China
By June, Bank of East Asia will have 22 branches in the Chinese mainland.
Woori Bank to set up 4 new branches in emerging nations
The lender awaits approval from Korea regulator to put up branches in India, Brazil, Australia and Russia.
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