Branch Banking
CIMB Bank Singapore opens new Orchard Branch
CIMB Bank Singapore opens new Orchard Branch
Lender's deposit base up 222%, home loans surpassed S$1bln, 61,500 credit cards issued in first year.
China Merchants’ application for Taiwan expansion postponed
Lender's less than 2 year branch in New York prompted Taiwan regulator to delay approval.
Regulator approves ANZ Bank's $373mln China unit
Plans to set up 20 branches in three years as it targets stronger foothold in China.
StanChart keen on Taiwan operations
Reinforces corporate, home lending, and wealth management operations as profit in first seven months reaches US$98.6mln.
HDFC receives clearance to operate in Hong Kong
Lender also looking to offer basket of global investment products to customers across Southeast Asia.
OCBC to kickstart 'Go China' campaign
Customers could fulfill investment with package offering new range of financial solutions with exclusive China focus.
Regulator allows Taiwanese banks to establish in China
Four lenders given license to set up Taiwanese branches behind CBRC’s promotion of cross-strait cooperation.
HSBC to expand China presence
Lender to upgrade e-banking system as it is pushing for internationalization of renminbi.
Bank of China to add 39 branches overseas
Move prompted by rosy profit from overseas operation, which accounts for 25% of lender's total profit.
Korean banks having difficulty in localising overseas branches
Seven lenders only had average score as they shifted their priority to stabilising operations at home.
Taiwanese banks upbeat to open branches in China
“Early harvest” program enables them to offer yuan-denominated services sooner than other foreign banks.
2 China banks plan to establish Taiwan offices
Taiwan's regulator and central bank to study applications of Bank of China and Bank of Communications.
Commonwealth Bank begins India operations
Lender taps the homeland of 400,000 Indian population in Australia.
HDFC Bank plans to add 150 more branches
Lender wants to set up additional branches in rural areas and overseas.
Bank of East Asia and Affin seal MoU
MoU strengthens lenders' ability to serve customers and tap opportunities in Greater China and Southeast Asia.
BPI proceeds with expansion in Europe
Lender to gain foothold in Europe starting with setting up branch in Italy this year.
Maybank targets expansion beyond Singapore and Indonesia
Malaysian lender prepares for transforming itself to become top regional bank within 5 years.
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