Branch Banking

Taiwan Cooperative plans expansion in China

Taiwan Cooperative plans expansion in China

Economic cooperation between China and Taiwan enabled Taiwan lenders to exploit cultural similarities with Mainland.

Fubon Financial plans to expand in China

Xiamen Bank eyes setting up Zhangzhou, Fujian Province, Wenzhou, Zhejiang Province and Shantou, Guangdong Province branches.

StanChart's 88th Taiwan branch offers year-round service

Follows growing number of lenders extending their banking hours in select branches.

Affin to buy Bank Ina Perdana for $48mln

Acquisition will give Affin Bank direct majority shareholding of 80% in the Indonesian bank.

HDFC targets to open 250 new branches

Lender plans to hold 150 ‘loan camps’ as it focuses on semi-urban and rural areas.

StanChart injects $100mln capital to its Indonesia unit

To maintain CAR at 15%-16% and would ask for additional capital to be within safe level.

National Australia Bank injects $582mln to British unit

British regulators  stepping up pressure to increase capital to protect lenders from crisis.

Bank of America eyes growth in Australia by developing tactics

Bank of America's Australian unit and Don Argus join forces to develop strategies for the bank's Australian operations.

Industrial and Commercial Bank of China enters Canada

The acquisition of six Bank of East Asia branches is part of ICBC's global expansion plan.

HSBC boosts India presence by buying RBS businesses

The $1.8bln India expansion is part of the lender’s strategy to set up businesses in emerging markets.

Taiwanese banks to expand in China

Land Bank, Taiwan Cooperative, Chang Hwa Commercial and Taiwan Business to set up branches in China.

Bank Rakyat keen to open 10 branches

Bank Rakyat Malaysia's branches may reach 134 with the opening of new branches.

ICICI to acquire Bank of Rajasthan rural branches

Yet ICICI's ‘foreign-owned, Indian-controlled' tag could hamper change in sponsorship of MAGB.

National Australia Bank rejects reports of UK pullout

Optimism on Clydesdale operations continues despite distressed British economy and Fitch’s comment that maintenance serves risk.

HSBC unveils new China headquarters

China network reaches 100 outlets with new Premier centre in Shanghai.

NAB acquires TierOne Bank of Nebraska

$76mln deal will add 69 US branches to NAB's US network and $2.2bln in new deposits.

More foreign banks eager to enter India

Possible easing on banking regulation encourages up to 8 foreign lenders to establish unit.