Deustche Bank

Deustche Bank is the biggest bank in Germany with 153 years of history and global outreach and offers business expertise to companies, investors, customers, large and medium scale establishments, Capital and Asset management, Investment Banking, Mortgages, Loans, Commercial and Personal banking. it is one of the leading private banks in Europe and is proud to take German business ethics to nations of the world.

Factsheet of Deustche Bank
Bank NameDeustche Bank
Founded inMarch 10, 1870
Promoters/foundersAdelbert Delbrück, Ludwig Bamberger
Headquarter Address

Deutsche Bank AG
Corporate Headquarters in India
Deutsche Bank House
Hazarimal Somani Marg
Mumbai 400 001

Employee's83000
Type of BankPrivate Bank
Official Websitehttps://www.db.com/
Customer Care Number22--71804999,18602666601

History of the Deustche Bank

The Deustche Bank also known in the western world as Deustche Bank is a powerful German Multinational financial service and investment banking firm and the head office is located in Germany. We have more than 50 plus branches and regularly available on the New York Stock Exchange and Frankfurt Stock Exchange. We are into various banking services like the Private Bank, Corporate Bank, Asset Management and other related services as well.

10th March 1869 was the golden year in the banking segment as the Deustche Bank came into existence exactly 153 years ago and it has got a proud history to boast about. The bank has four important divisions like the Investment Bank, Asset Management, Corporate Bank and the Private Banks.

Mr. Paul Achleitner is the Chairman and Christian Sewing is the CEO.

Banking Services offered by Deustche Bank

The Deustche Bank offers various banking services given below like:

  • Treasury.
  • Net Banking.
  • Email Alerts.
  • Kids Account.
  • Trade Finance.
  • E-Statements.
  • Online Security.
  • Mobile Banking.
  • Export Finance.
  • Security Service.
  • Savings Account
  • Current Account.
  • Rate of Exchange.
  • Foreign Exchange.
  • Investment Banking.
  • Corporate Banking.
  • Asset Management
  • Deposit Guarantees.
  • Wealth Management.
  • Transaction Banking.
  • Safe Deposit Locker.

Loans and credit facilities provided by Deustche Bank

There are various loans and credit facilities offered by the Deustche Bank and they are given below  

  • Gold Loan.
  • Home Loan.
  • Salary Loan.
  • Vehicle Loan.
  • Holiday Loan.
  • Personal Loan.
  • Education Loan.
  • Business Loans.
  • Loan Against Property.
  • Loan Against Securities.
  • Changes in the Credit Card Limit.

Legal Issues

  • The Deustche Bank agreed to a unique settlement  for $7.5 Billion with the US Department of Justice over the sale and parking of various mortgage leading to the financial crisis in 2008.
  • The Deutsche Bank paid more than $12 billion dollars for hearing including a good deal with the US Mortgage financial giants like Freddie Mac and Fannie Mae.
  • This bank also admitted in 2009 stating that it was spying on its critics from 2000 to 2007, because of their dangerous transactions with various illegal groups and later management of the bank was scrutinised for their role in spying.

Awards and Recognition

  • Best Service Provider (Fin-Tech Partner).
  • Best Supply Chain Solution,Larsen and Toubro, China.
  • Client Leadership Awards – Treasurer of the Year (China).
  • Best Service Provider (Best in Structured Trade Finance).
  • Best In-country Payments and Collections Solution, Germany.
  • Best in Treasury and Working Capital for NBFIs – China, India.
  • Best in Treasury & Working Capital (Best in Liquidity Management).
  • Best in Treasury and Working Capital for MNCs and LLCs – China, India.
  • Best in Treasury and Working Capital for MNCs –Thailand, Philippines, Hong Kong.

Deustche Bank has 29 IFSC connected branches in India. Bank has branches in following states:

  • DELHI
  • GUJARAT
  • HARYANA
  • KARNATAKA
  • MAHARASHTRA
  • PUNJAB
  • TAMIL NADU
  • UTTAR PRADESH
  • WEST BENGAL

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