Branch Banking

ANZ to triple investments in China

Australia & New Zealand Banking Group Ltd. (ANZ) will triple the size of its banking network in China. Read ››

HSBC China opens Harbin branch

HSBC (China) Company Limited opened a new branch in Harbin, capital of northeast Heilongjiang province. Read ››

Allahabad Bank to boost Hong Kong operations

Allahabad Bank plans to revive its $500-million overseas bond sale plan to support its growing Hong Kong business. Read ››

China’s largest bank makes history in the USA

The Industrial and Commercial Bank of China has received US government approval to take over an American bank. Read ››

India to further liberalise banking industry

The dire need to strengthen its banking industry is not lost on India. Read ››

More liberal ownership climate a boon for Credit Suisse

Swiss financial services multinational Credit Suisse Group AG is boosting its presence in China. Read ››

Ratnakar Bank to add 50 branches this fiscal

Ratnakar Bank is targeting to add around 50 branches this fiscal with a majority outside Maharashtra. Read ››

StanChart on track for 10th year of record earnings

Asia-centric Standard Chartered PLC expects its income to rise by over 10% this year. Read ››

Non-performing loans becoming a nightmare for China

The government hedges against a potentially disastrous rise in non-performing loans. Read ››

Australian bank to increase presence in China and Indonesia

Commonwealth Bank of Australia intends to generate more than half its profit overseas. Read ››

Malaysian banks invited to open in Pakistan

Pakistan asks Malaysian banks to do business in traditional and Islamic banking. Read ››

OCBC seeks more overseas revenues

The new CEO of the Oversea-Chinese Banking Corporation has grand plans for the Singaporean bank. Read ››

Australia's Westpac to open first branch in India

Westpac announced that it will open its first branch in India. Read ››

CCB begins massive expansion of branch network

China Construction Bank Corporation plans to open 2,000 more branches until 2016. Read ››

Punjab National Bank to offer 24-hour banking services

Punjab National Bank's customers can will soon enjoy select banking services like updating of passbook 24 hours a day in all days of the week. Read ››

ChinaBank Savings in huge branch expansion

ChinaBank Savings, Inc plans to quintuple its number of branches in the next three to five years. Read ››

IOB to add 400 local and international branches

The expansion plans of the Indian Overseas Bank (IOB) will reach out to other countries. Read ››

Siam Commercial Bank raises funds for expansion

Thailand's third-largest bank by assets is raising its outstanding bond ceiling by US$3.2 billion. Read ››

Vijaya Bank to hire 1,200 annually for 100 branch openings every year

Vijaya will recruit about 1,200 clerical and officer staff annually to cover the 100 branches it will open every year. Read ››

DBS expands Indian operations

Southeast Asia’s largest bank wants to broaden its reach in India. Read ››

DBS bids to take over Bank Danamon

If successful, it will be the biggest bank takeover in Southeast Asia. Read ››

Bangkok Bank assists international clients with Indonesian branch

Bangkok Bank opened its 26th foreign branch in Surabaya, Indonesia to help international business clients deal with international transactions and loans. Read ››

Vietnam's Sacombank opens 4th branch in Cambodia

Vietnam's Sacombank inaugurated a branch in Kampong Cham City, taking to four the number of its branches in Cambodia. Read ››

RHB Bank to concentrate on Singapore SMEs

Malaysia’s RHB Bank Berhad intends to fund small and medium-sized enterprises in Singapore to expand its business. Read ››

Vietnamese banks compete by opening more branches

Banks in Vietnam are opening new branches to strengthen their market presence. Read ››

ANZ sets its sights on Burma

The once pariah nation of Burma appears an attractive prospect for the Australia and New Zealand Banking Group. Read ››

Nepal wants rural branches reinstated

Nepal wants the rural  branches of Rastriya Banijya Bank, Agricultural Development Bank and Nepal Bank Limited that were closed during 12-year Maoist conflict to be reinstated. Read ››

HSBC opens in Vung Tau

HSBC Vietnam is opening a representative office in Vung Tau City. Read ››

Deutsche Bank in massive wholesale banking investment

Deutsche Bank AG has reinforced the success of its banking operations in India with an equally large investment in future growth. Read ››

ANZ penetrates Malaysian market

ANZ has expanded into Malaysia with a branch office in the Labuan International Business and Financial Centre. Read ››

Vietnam tries frantically to stave off banking industry collapse

Faced by the impending disintegration of its banking industry, Vietnam goes for a drastic solution. Read ››

The key to driving cost efficiencies in Asian banks

With the outlook of slow growth in the coming years, banks across Asia need to aim for significant structural changes to their cost base. Read ››

HSBC opens branch in Wuxi, its 25th on Chinese mainland

HSBC Bank can now provide financial services and solutions to domestic-funded and foreign-funded businesses in Wuxi. Read ››

HSBC Singapore aims ambitious: US$1 billion in profits

HSBC Singapore is 60% on the way to achieving its profit target of US$1 billion by 2016. Read ››

Maybank opens 19th Sabah branch

Maybank opened its 19th branch in Sabah to allow for greater banking accessibility to the community. Read ››

Standard Chartered opens Saadiq branch in Sabah

Standard Chartered Bank has opened its first Saadiq branch in Sabah to strengthen its presence in the state. Read ››

Foreign banks to prop-up Indian SMEs

Foreign banks that today supply only 5% of India’s total lending will soon be required to provide some 40% of loans needed by small businesses and exporters. Read ››

BSN makes it big with 'Banking Beyond Branches' scheme

Bank Simpanan Nasionalrecorded 35,917 transactions valued at RM2,974,927 since the start of its aggressive drive to promote Banking Beyond Branches. Read ››

Bank Muamalat starts repositioning with new Temerloh branch

Bank Muamalat started its repositioining program of upgrading and reocating branches with its 57th branch in Temerloh. Read ››

Untapped Cambodia welcomes Japanese banking giant

Sumitomo Mitsui Banking Corporation, Japan’s second largest bank in asset size, has just opened a representative office in Phnom Penh. Read ››