Indonesia
Deutsche Bank first established a presence in Indonesia in 1969 and has since built a leading investment banking presence, encompassing a wide range of products and services offered by the bank's global platform.
Occupying its own impressive building in the heart of Jakarta's central business district, Deutsche Bank was one of the few international investment banks that remained fully committed to Indonesia during the Asian financial crisis of 1997/98, and now employs over 300 professionals in its offices in Jakarta and Surabaya.
Deutsche Bank's role in helping the local banking sector re-capitalise and balance risk during the Asian crisis has seen it foster strong relationships with local entities. It was an advisor on the merger and recapitalisation of four-state owned banks in the formation of Bank Mandiri, and was instrumental in the Government's first local currency bond issue - which helped create the Indonesian local currency bond market and saw Deutsche gain the reputation of a pioneer in local markets. Since then, the Bank played a key role in the 2004 Republic of Indonesia sovereign bond, and has been a key player in other sovereign deals, including a $US1.5 billion deal in February 2007.
The Bank's integrated business model in Indonesia sees Deutsche provide a range of products and services to its local clients, from raising equity or debt capital to providing cash management and trade finance services. This is best illustrated by a series of repeat mandates for Indonesian shipping company, Berlian Lanju Tanker (BLT). The Bank helped BLT raise a total of $US642 million over a period of eight months, via: a $US117 million follow-on primary listing in Singapore October 2006; a $US400 million bond issue in April 2007; and a $US125 million convertible bond issue in May 2007. Previously, in late 2005, it worked closely with BLT on the first convertible bond issue since the Asian financial crisis.
For its efforts in equity capital markets Deutsche Bank was recently awarded Best Equity House in Indonesia in the 2007 Euromoney Awards for Excellence, and Best Equity House in the 2006 Asian Asset Awards. Most recently it completed the country's largest-ever IPO, with a $US 427 million deal for Indonesia's biggest media company, Media Nusantara Citra (MNC). The Bank has also carried out significant equity transactions for PT Perusahaan Pengelola Aset (Persero) (PPA) - all sell-downs in the stakes held in Bank Central Asia, Bank Permata and Bank Internasional Indonesia.
Deutsche Bank maintains a full-service equity research and brokerage business in Indonesia providing insight and analysis on a range of Indonesian companies and industries. Its local research team was ranked Best Overall for Country Research and Best at Sales Trading in the Asiamoney 2006 Broking Poll.
Deutsche's Global Transaction Banking business has a commanding position in Indonesia with over 50 percent share of the domestic custody market. The Bank maintains an office in the country's traditional energy centre, Surabaya, to more effectively provide its clients from this sector with cash management, custody and trade finance products and services.
Deutsche Bank's integrated investment banking platform allows the Bank to structure and execute large and complex transactions for its Indonesian clients and provide ongoing support for a range of capital management, risk and liquidity needs. No other foreign bank in Indonesia has such breadth of capability.
Importantly, Deutsche Bank is an active contributor in the communities in which it operates and the Deutsche Bank Asia Foundation has extensive operations in Indonesia. The Bank has been one of the largest corporate donors following natural disasters such as the Tsunami and May 2006 earthquake in Java, committing over IDR 30 billion (EUR 2.5 million) to local organisations covering vocational training, community development and microfinance initiatives. This excludes monies donated to international organisations.
The Bank is also involved in a range of other community initiatives - most recently committing funds to the Yayasan Kampus Diakoneia Modern (KDM) facility in Pondok Gede, Jakarta. The KDM facility provides shelter and education for approximately 110 street children, orphans and abandoned children through dormitory, school, hospital and vocational training programmes.



