Branch Banking
Deutsche Bank's HCM City branch to increase capital
Deutsche Bank's HCM City branch to increase capital
State Bank of Viet Nam increased the allocated capital for Deutsche Bank AG, HCM City branch, from US$24 million to $50.08 million.
Bank of Taiwan gets Taiwan regulator’s nod to open Shanghai branch
Yet the lender still needs approval from Chinese lender to complete upgrade.
PNB plans to extend coverage to 4,700 villages by March '12
The lender wants to expand reach to rural masses by appointing business facilitators or business correspondents.
StanChart set to acquire GE Money Singapore
The move is part of the GE’s plan to sell its noncore assets following the financial crisis.
ICBC to take over Bank of East Asia US unit
The first China acquisition of U.S. retail bank is a strategic move for ICBC to further its global expansion
Metrobank eyes 20 China branches in 5 years
The Philippine's Metrobank plans to have 20 branches in China within five years.
ICBC to open 5 branches in Europe
ICBC continues overseas expansion despite being slow to follow their traditional clients abroad.
Maybank studies opportunities in Indian market
It may take about 1 to 2 years for the bank to open its first branch in India.
Bank Rakyat mulls adding eight branches
7 of the proposed branches worth $327,118 each will be set up in Sabah.
Korean Banks plan to establish 27 overseas branches
China and Vietnam were the most popular host countries of the branches that Kookmin Bank, Hana Bank and the Industrial Bank will open.
ANZ expands Asian perspective
The lender eyes Japan expansion apart from South Korea, China, Southeast Asia and India.
StanChart to add China branches by 60%
The lender has achieved the 75% of loan-to-deposit ratio required by the Chinese regulator.
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