Branch Banking

China Construction Bank to open in Luxembourg

China Construction Bank, the world's second largest by market value, will soon open a subsidiary and a branch in the Grand Duchy of Luxembourg.

China Construction Bank to open in Luxembourg

China Construction Bank, the world's second largest by market value, will soon open a subsidiary and a branch in the Grand Duchy of Luxembourg.

Hana to add another Indonesian bank

Hana Financial Group is set to acquire a major stake in an as yet unnamed Indonesian bank to further expand into Indonesia’s robust banking sector.

Philippines' BDO to add as many branches as possible

Banco De Oro plans to add as many branches that it could handle to its 740-plus network.

More Asian banks to do business in Australia as foreign banks exit

But are Australian businesses open to engaging with banks such as CIMB, ICBC, and CCB in the domestic market?

Offshoring popular among Hong Kong banks

An Asia-wide survey of the financial services sector found that 63% of Hong Kong banks and financial companies believe offshoring effective.

Union Bank of India branches to reach 3,500 by March

Union Bank of India plans to increase number of branches from around 3,200 to 3,500 by March, 2013.

India's PNB files application to operate in Pakistan

Punjab National Bank has filed an application to open branches in Lahore and Karachi.

Barclays appoints I.C. Liu as Taiwan investment banking head

Liu will oversee the bank’s advisory, capital raising and risk management businesses. 

China’s first technology bank to support tech companies

SPD Silicon Valley Bank which focuses on commercial services for technology start-ups opened this week in Shanghai.

Alliance's revenue up in Q1

Alliance Financial Group 's revenue for the first quarter ended June 30, 2012 rose to RM319.34 million from RM307.07 million last year.

Singapore banks surprise with tolerable Q2 results

Non-performing loan ratios were at or near all-time lows of 1% in the face of an extremely volatile market environment.

ICICI Bank to grow its domestic loans by 20%

The bank aims to regain market share this fiscal year.

Taiwan's Fubon to boost China foray with HK branch

Fubon Financial Holding aims to boost its presence in China through its Hong Kong branch in Hong Kong as a bargaining chip.

Bank DKI expands in Surabaya

Bank DKI plans to open a branch in Surabaya this month, according to its president director Eko Budiwiyono.

What could be the implications of CIMB withholding buying RBS India assets?

Reports say that unexpected legal hurdles hindered CIMB from acquiring RBS India assets.

UOB posts solid second quarter results

United Overseas Bank Ltd reported a 12.1% increase in second quarter net profit to US$574 million.

BEA opens "cross-location" sub-branch in Zhanjiang

Bank of East Asia (China) Ltd has opened a sub-branch in Zhanjiang, Guangdong province to provide comprehensive renminbi and foreign currency banking...