Branch Banking News - The Latest News, Headlines, Insight, Commentary & Analysis at Asian Banking & Finance

Branch Banking

Japan tightens profitability rules on struggling regional banks

Underperforming lenders may be requested to close down branches.
2 years ago

Japan tightens profitability rules on struggling regional banks

Underperforming lenders may be requested to close down branches.
2 years ago

RHB deepens Malaysian presence with new Perak branch

It marks its 20th branch in the state.
2 years ago

ICBC unveils first Philippine branch

It is the 12th foreign lender to secure a license after the country loosened up the industry to global players. The Industrial and Commercial Bank of China (ICBC) commenced its operations in the Philippines two months after it secured its license from the Bangko Sentral ng Pilipinas (BSP), reports BusinessWorld. Located in Taguig, Metro Manila, the branch started its operation after registering with the Securities and Exchange Commission in August and securing a banking license from the central bank in November. Following the law passed in 2014 which loosens up local banking to global players, ICBC is the 12th foreign lender to secure a license from the central bank to start operations in the Philippines. The lender is also the first China bank to set up operations in the country after the Bank of China’s kickoff back in 2002. ICBC’s Manila venture comes amidst warmer trade ties between China and the Philippines after President Rodrigo Duterte’s announcement of a ‘pivot’ towards China during his Beijing visit in 2016.
2 years ago

ABN AMRO unveils branch in Sydney

Peter Davis will lead the Dutch lender's operations in Australia.
2 years ago

DBS to set up over 100 touchpoints in India

The bank plans to open nine new branches in March alone.
2 years ago

HSBC Singapore revamps branch network

This will include the revamp of its flagship branch in Claymore.
2 years ago

MUFG appoints Calvin Nguyen as director and head of global corporate banking in Vietnam

He was the previous global banking country head in Vietnam International Bank.
2 years ago

Philippine rural banks call to stop shrinking industry

Around 139 rural lenders have shut down operations since 2009.
2 years ago

Standard Chartered unveils new branch at Singapore shopping centre

It features an automated Cash Bag Deposit machine for business banking clients.
2 years ago

Bank of Taiwan unveils representative office in Manila

Its next target for expansion include Vietnam, Indonesia, and Malaysia.
2 years ago

Indonesia urged to cut bank network to 70 lenders

The bank association believes that this is the ideal number to foster competition.
2 years ago

CIMB offers reimbursement scheme for foreign remittance

CIMB Preferred customers can get up to $24.31 per day.
2 years ago

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.
2 years ago

Maybank transfers community financial services business to Singapore subsidiary

Around 1,850 employees will be moved to the subsidiary.
2 years ago

Chart of the Week: Which ASEAN country has the largest branch network?

Thailand and Indonesia are the branch-heavy countries.
2 years ago

MUFG Bank to form venture with property agency to redevelop closed branches

The new company will also study where to put slimmed-down branches.
2 years ago

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.
2 years ago