Deutsche Bank

Deutsche Bank was established by Adelbert Delbrück in Berlin in the year 1870.

The main aim of this bank was to transact all kinds of business banking transactions and also to create smooth business relations between Germany and other European countries.

During 1880s the Deutsche Bank played a vital role in industrial revolution, especially in promoting electrical engineering industry in Germany.

This Bank faced immense troubles during 1933 - 1945 periods when the Nazi Government was in power under Hitler. During 1947-48 in postwar period the bank was broken into 10 different banks.

In 1970 Deutsche Bank started its global operations with the acquisition of several overseas banks in Spain, Italy, UK and USA. Today Deutsche Bank is one of the highly respected banks and operates in 75 countries with total assets of € 840bn.

Deutsche Bank in India
Deutsche Bank started its operation in India in 1980 at Mumbai. Today this bank is one the strongest foreign banks in India having its branches in all major cities such as Delhi, Bangalore, Chennai, Kolkatta, Noida, Gurgoan and Aurangabad.

This bank is one of the major players in investment banking services. Deutsche Bank in India provides various types of trade credits to large and medium business enterprises. It also acts as a window to access global financial resources for Indian companies. It started its retail banking solutions in 2005 and enjoys a great patronage among Indian retail customers.

Financial Services
Deutsche Bank plays a vital role in Indian banking systems with its various financial products and services. Its personal banking services include Saving Accounts, Fixed Deposits, Payroll Accounts, Insurance, Mutual funds, Debit & Credit Cards and Demat Accounts.

For business community, Deutsche Bank offerings include various types of Current Accounts, Business Credit, Working Capital, Foreign Exchange Services, etc. Deutsche Bank offers various financial services to NRIs such as easy NRI Banking accounts, Foreign Currency Remittance, Money Transfers, etc.

Besides its normal banking activities Deutsche Bank provides various types of loans such as Home loans, Over Draft facilities, loan against properties and securities. Deutsche Bank has won various awards for its excellence. In 2007 it was adjudicated as the best investment banks in India.