Branch Banking
China regulator backs application of 2 Taiwanese banks
China regulator backs application of 2 Taiwanese banks
CBRC enables upgrading into official branches Cathay United’s Shanghai and Hua Nan Commercial’s Shenzhen offices.
China Merchants applies for establishing Taiwan representative office
The Chinese bank seeks to open banking services in Taiwan under Economic Cooperation Framework Agreement.
ICICI Bank inaugurates Singapore branch
Lender seeks to upgrade profile under the “qualified full banking” privileges from Monetary Authority of Singapore.
JPMorgan mulls to beef up Asian private banking
Lender plans to step up non-US business from Asia to 50% from current 20%.
KB Financial gears up for global expansion
Lender's chief said it must prepare to form strategic alliances with global companies.
ANZ inaugurates Chengdu unit
Lender aggressive in China expansion as it seeks for $5bln purchase of KEB's 57% stake.
CIMB Bank Singapore opens new Orchard Branch
Lender's deposit base up 222%, home loans surpassed S$1bln, 61,500 credit cards issued in first year.
China Merchants’ application for Taiwan expansion postponed
Lender's less than 2 year branch in New York prompted Taiwan regulator to delay approval.
Regulator approves ANZ Bank's $373mln China unit
Plans to set up 20 branches in three years as it targets stronger foothold in China.
StanChart keen on Taiwan operations
Reinforces corporate, home lending, and wealth management operations as profit in first seven months reaches US$98.6mln.
HDFC receives clearance to operate in Hong Kong
Lender also looking to offer basket of global investment products to customers across Southeast Asia.
OCBC to kickstart 'Go China' campaign
Customers could fulfill investment with package offering new range of financial solutions with exclusive China focus.
Regulator allows Taiwanese banks to establish in China
Four lenders given license to set up Taiwanese branches behind CBRC’s promotion of cross-strait cooperation.
HSBC to expand China presence
Lender to upgrade e-banking system as it is pushing for internationalization of renminbi.
Bank of China to add 39 branches overseas
Move prompted by rosy profit from overseas operation, which accounts for 25% of lender's total profit.
Korean banks having difficulty in localising overseas branches
Seven lenders only had average score as they shifted their priority to stabilising operations at home.
Taiwanese banks upbeat to open branches in China
“Early harvest” program enables them to offer yuan-denominated services sooner than other foreign banks.
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