Deutsche Bank has been in Thailand since 1906 when its legal predecessor, German-Asian Bank, acquired a stake in Siam Commercial Bank, the first local commercial bank in what was then the Kingdom of Siam. In 1978, Deutsche Bank opened a branch in Bangkok through the European Asian Bank, in which it had a stake and subsequently took over. Throughout the Asian financial crisis in 1997/98, Deutsche Bank maintained its presence in Bangkok and now employs more than 140 staff.

Deutsche Bank offers a comprehensive range of services in Thailand - particularly across its Global Markets business. This part of the business includes sales, trading and/or research in asset classes such as foreign exchange, fixed income, credit, equities and derivatives.

Deutsche Bank also operates across the traditional corporate and investment banking businesses including corporate finance, merger and acquisition advisory, debt and equity origination, domestic custody services, trade finance and cash management.

Deutsche Bank has been active in the development of local markets in Thailand - working with indigenous banks in areas such as market risks and controlling. The Bank is also consistently ranked as one of the leading trading houses in local bond markets, according to the Thai Bond Market Association.
 
Deutsche has enjoyed success in the high-yield bond sector. In 2005, it was the lead manager of a US$250 million offering for Thailand's leading paper manufacturer, Advance Agro. This issue was a landmark transaction in that it was the first CCC-rated company (S&P) out of Asia to be brought to the international debt markets since the crisis of 1997-98. 

More recently, in July 2007, Deutsche Bank acted as sole bookrunner on a US$225 million high-yield bond issue for Thai telecommunications company, True Move. The transaction was the second debt raising Deutsche had executed for the company following a US$465 million high-yield bond in December 2006 that remains the largest-ever such deal by a Thai issuer.

Deutsche's Bangkok branch is traditionally strong in the field of global transaction banking. The Bank's cash management, trade finance, capital market sales and domestic custody services, work in close collaboration to provide sophisticated solutions for subsidiaries of multinational companies and major Thai firms. Deutsche was the first foreign bank in cash management to introduce a business-to-business electronic invoice processing solution for a Thai company.

Deutsche Bank believes it is important to contribute to the communities in which it operates. Through the DB Asia Foundation, the Bank has supported several programmes providing support, education and counselling for children who have been orphaned or are affected by HIV / AIDS.

In helping to cope with the aftermath of the December 2004 tsunami, the Bank has reconstructed four schools, constructed 30 homes, developed two education projects for affected children and coordinated income generation projects led by its staff. Deutsche Bank also made donations to The King's Foundation, a fund which provides assistance to orphaned children. 

In addition, Deutsche had also given the gift of mobility to 40 people in Minburi Community by funding the production of wheelchairs through International Support Group Foundation (ISGF), an organisation that helps to improve the quality of life for the poor, disadvantaged and physically disabled.