ANZ making a regional banking push

A well-regarded set of regional banks emerged as the winners of nine foreign banking licences as they were announced in October. Three of the Japanese megabanks snagged licences, along with two large Singaporean banks and one each from China, Malaysia and Thailand. Also included on the list was Australia and New Zealand Banking Group, commonly […]

Two new private banks to open early next year, recruiter says

Two new banks have already begun recruiting staff ahead of their planned opening early next year, according to the company recruiting for them, Myanmar Tech Solution. Both are in the process of applying for banking licences from the Central Bank of Myanmar. Set Aung, deputy governor of the central bank, said recently that it was […]

CIMB eyes banking licences in Vietnam, Myanmar

BANGKOK: Malaysia’s second largest bank CIMB Group is planning to obtain banking licences in Vietnam and Myanmar as part of its drive to expand in fast-growing Southeast Asian markets. CIMB is also keen to open a banking business in the Philippines and is studying regulations that allow foreign banks to take full control of local […]