History of Deutsche Bank in Asia Pacific
Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.
Deutsche Bank established its first foreign branches in Shanghai and Yokohama. Both branches had to be liquidated due to losses in the silver trade in 1875.
Foundation of Deutsch-Asiatische Bank in Berlin – as a special institution for the East Asian market – by a German bank syndicate led by Disconto-Gesellschaft and Deutsche Bank.
Deutsch-Asiatische Bank opened its main branch in Shanghai. Further branches were established in China before the First World War.
Deutsch-Asiatische Bank opened its first branch for India in Calcutta (now Kolkata).
Deutsch-Asiatische Bank opened a branch in Hong Kong.
Deutsch-Asiatische Bank established Japanese branches in Yokohama and one year later in Kobe.
Deutsch-Asiatische Bank opened its branch in Singapore.
All branches of Deutsch-Asiatische Bank in the Asia Pacific region had to be closed during the First World War.
Re-opening of the Chinese branches of Deutsch-Asiatische Bank in Shanghai, Hankow, Peking, Tientsin, Tsing-Tao and Canton. All branches had to be closed by the end of the Second World War in 1945.
Deutsch-Asiatische Bank was licensed as a foreign trade bank in Hamburg.
Deutsch-Asiatische Bank re-opened a branch in Hong Kong.
Deutsch-Asiatische Bank opened its first branch for Pakistan in Karachi.
Deutsch-Asiatische Bank opened its first branch for Malaysia in Kuala Lumpur.
Deutsch-Asiatische Bank opened its first branch for Indonesia in Jakarta.
Deutsch-Asiatische Bank reopened its Singapore branch.
Deutsch-Asiatische Bank and its branches were integrated into the newly founded European Asian Bank.
Deutsche Bank opened a representative office for Australia in Sydney.
European Asian Bank opened a representative office for the Philippines in Manila.
Deutsche Bank opened a representative office in Hong Kong, which was converted into a branch in 1979.
European Asian Bank opened its branch for Thailand in Bangkok.
European Asian Bank opened its first branch for Korea in Seoul.
European Asian Bank opened its branch for Sri Lanka in Colombo, and its first branch for India in Bombay (now Mumbai).
European Asian Bank opened its branch for Taiwan in Taipei.
Deutsche Bank opened its first representative office in the People’s Republic of China in Beijing.
European Asian Bank became Deutsche Bank (Asia).
Deutsche Bank (Asia) was merged into Deutsche Bank AG. The management of the Asia business was relocated from Hamburg to the regional head office in Singapore.
Deutsche Bank opened a branch in India’s capital New Delhi.
Deutsche Bank opened a representative office in Hanoi. It was the first German financial institution to receive a banking licence in Vietnam.
Deutsche Bank opened a representative office in Guangzhou (formerly Canton), which was converted into a branch in 1995.
Deutsche Bank opened a representative office in Shanghai, which was converted into a branch in 1999.
Deutsche Bank (Mauritius) Limited opened for business.
Inception of Deutsche Bank Asia Foundation.
Deutsche Bank converted its representative office in Beijing into a branch.
Deutsche Bank launched its Private & Business Clients (PBC) activities in India.
Deutsche Bank launched its Private & Business Clients service in China and opened sub-branches in Beijing and Shanghai.
Deutsche Bank (China) Co., Ltd., a wholly foreign-funded subsidiary bank solely owned by Deutsche Bank AG, officially commenced operations. The branches and sub-branches of Deutsche Bank AG in Beijing, Shanghai and Guangzhou were converted into corresponding branches and sub-branches of Deutsche Bank China, with headquarters in Beijing.
