Branch Banking
Standard Chartered unveils new branch at Singapore shopping centre
Standard Chartered unveils new branch at Singapore shopping centre
It features an automated Cash Bag Deposit machine for business banking clients.
Bank of Taiwan unveils representative office in Manila
Its next target for expansion include Vietnam, Indonesia, and Malaysia.
Indonesia urged to cut bank network to 70 lenders
The bank association believes that this is the ideal number to foster competition.
CIMB offers reimbursement scheme for foreign remittance
CIMB Preferred customers can get up to $24.31 per day.
Korea's IBK gets go-ahead for takeover of 2 Indonesian banks
It is aiming to merge the two banks to launch IBK Indonesia within 2019.
Maybank transfers community financial services business to Singapore subsidiary
Around 1,850 employees will be moved to the subsidiary.
Chart of the Week: Which ASEAN country has the largest branch network?
Thailand and Indonesia are the branch-heavy countries.
MUFG Bank to form venture with property agency to redevelop closed branches
The new company will also study where to put slimmed-down branches.
The ARK: UnionBank's take on the future of branch banking
A branch with no bank tellers, no long lines, and completely paperless, The ARK pushes the frontiers of digitalising the country’s banking industry.
UOB unveils subsidiary in Vietnam
It's the first Singapore bank to open a foreign-owned Vietnamese unit.
Is branch banking still relevant as Singapore lenders migrate their services online?
The branch-lite push could result in lower office space demand.
India to close a third of overseas public sector bank branches
Around 70 foreign branches may be shuttered by end 2018.
India's Federal Bank secures clearance to expand to Bahrain, Kuwait and Singapore
It is only awaiting local approval before starting operations.
BEA China is the first foreign bank receiving clearance to open Shenzen branch
The bank has received the greenlight from China's banking regulator.
China Bank to open 10 more branches before year ends
The bank has reportedly set aside as much as $186,000 per branch.
Indian ATMs and bank branches are falling short of hot demand
Rajasthan village has no banking infrastructure to serve its 5,500 residents.
China greenlights establishment of overseas banks
Arab Bank has received the green light to set up a Shanghai unit.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
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