Branch Banking
Westpac to open 7 Bank of Melbourne branches
Westpac to open 7 Bank of Melbourne branches
The move comes amidst renewed pressure to curb costs as many Australian lenders have seen their revenue decreased.
National Australia Bank plans to launch Jakarta office
The setting up of office will facilitate greater economic, trade and investment flows between Indonesia, Australia and New Zealand.
UOB keen on China expansion and takeovers
The lender wants a long-term commitment in its growth in China without rushing things.
ICICI Bank unveils second Singapore branch
The lender would further concentrate on enhancing its presence in the corporate, commercial and wealth management businesses in Singapore.
Taiwan urges lenders to boost China presence
Only six Taiwanese banks have ventured to open a branch in China after restrictions were relaxed.
Chang Hwa Bank inks deals with 2 China lenders
Tie up with Bank of China and Bank of Communications furthers lender’s expansion in the country.
Maybank targets to earn its 40% of profit outside Malaysia by 2015
And according to Reuters, it’s now looking to buy a retail bank in Thailand.
Saxo Bank posts net profit of almost USD67m in H1 2011
This is a 37% decrease compared with the same time last year.
Bank Mandiri gets nod to launch China operations
In Shanghai, the lender will provide corporate fund collection, corporate loan distribution, export import trade transactions and remittance services...
Banks in Southeast Asia gears up for integration
Bank Indonesia and Bank Negara Malaysia lead ASEAN banking integration by 2020.
Fubon spots overseas investment opportunities
Despite weakening credit profile, the company to direct more funds into foreign investments with fixed incomes.
Bank of Baroda targets Africa expansion
The lender’s senior executives believe that the global economic crises could be favourable to the Indian banks operating overseas.
First Commercial Bank mulls launching branch in Chengdu
The lender applied for a second branch in China with its Shanghai operations earning US$500,000.
Sri Lanka's ComBank opens 200th branch
Commercial Bank opened its 200th branch in Kataragama. "Kataragama is an appropriate location for our 200th branch," Commercial Bank's Chief...
CUB to expand reach, but will remain a 'cub,' says CEO
City Union Bank will be setting up more branches and ATMs this fiscal.
Indian Bank needs $500M for Lanka, Singapore and HK operations
Indian Bank will raise a loan of up to $500 million for its overseas operations.
Tibet allowed to put up regional bank
The China Banking Regulatory Commission has approved the establishment of a regional bank in the Tibet Autonomous Region with initial capital adding...
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