Branch Banking

CIMB gets approval to expand in Cambodia

Country's central bank governor granted approval-in-principle to lender's bid to offer banking services to 14mln Cambodians.

CIMB gets approval to expand in Cambodia

Country's central bank governor granted approval-in-principle to lender's bid to offer banking services to 14mln Cambodians.

Bank of Taiwan eyes opening first Shanghai branch

Lender allowed investing as much as 15% of its net worth in China.

Punjab National Bank taps Punjabi immigrants in Canada

Lender focuses on retail markets after learning from its success in British market.

ICICI Bank plans hiring 7,000 people in 2010

Recruits will be deployed to man new branches while declaring bonus and increments for old employees.

Foreign banks in Asia face dearth of targets

Lenders eager to expand through asset acquisition in Asia but has difficulty finding one.

Bank Rakyat studies potential entry in Brunei

Brunei official's invitation prompted lender to consider bringing its banking operations to the oil-rich sultanate.

Hang Seng's banker shortage may hamper China expansion

Lender will add personnel in several departments to meet its target 50 China branches.

Commonwealth Bank acquiring Vietnam International Bank's 15% stake

CBA bought $235mln VIB shares to capitalise on Vietnam's surging banking demand based from country's demographics.

ANZ to consider bidding for Korean Exchange stake

Australian lender plans to compete with local counterparts to expand its Asian business.

ANZ chief goes for a 'transformational' deal

Smith eyes a partnership with an Indian or Singaporean bank to expand further its Asian operations.

Citibank Malaysia eyes double-digit revenue growth

Opening of 4 new branches is part of lender's aggressive expansion.

China opens doors to Taiwanese banks

Six lenders immediately applied for branch expansion in Mainland following FSC approval.

Hang Seng eyes Zhongshan's HK enterprises

Hang Seng Bank officially opened its sub-branch in Zhongshan, Guangdong province. The new sub-branch offers comprehensive banking services for both...

ANZ and Finance Sector Union clash

FSU argues bank's plan to open Manila operations hub could cost 100 jobs in Australia.

Bank Central Asia launches Islamic lending division

BCA Syariah is lender's answer to growing demand for Islamic banking of  85% of Indonesia's population.

Affin to complete Bank Ina takeover by Q3

Malaysian bank's shareholder Boustead saw Malaysian lender's move essential to gain foothold in Indonesia.

Kookmin chief to push mega-bank initiative

Lender confident of being leader in merger and acquisitions drive despite facing difficulties and controversies.