Branch Banking

Japan tightens profitability rules on struggling regional banks

Underperforming lenders may be requested to close down branches.

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...

ABN AMRO unveils branch in Sydney

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

DBS to set up over 100 touchpoints in India

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

HSBC Singapore revamps branch network

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

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.

Philippine rural banks call to stop shrinking industry

Around 139 rural lenders have shut down operations since 2009.

Standard Chartered unveils new branch at Singapore shopping centre

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

Bank of Taiwan unveils representative office in Manila

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

Indonesia urged to cut bank network to 70 lenders

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

CIMB offers reimbursement scheme for foreign remittance

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

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.

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

Thailand and Indonesia are the branch-heavy countries.

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

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