History of Deutsche Bank in Pakistan
Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.
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 first branch for Pakistan in Karachi.
Deutsch-Asiatische Bank and its branch in Karachi were integrated into the newly founded European Asian Bank.
European Asian Bank opened a branch in Lahore.
European Asian Bank became Deutsche Bank (Asia).
Deutsche Bank (Asia) was merged into Deutsche Bank AG. The branches in Karachi and Lahore began to operate under the name of Deutsche Bank AG.
Deutsche Bank opened its third branch for Pakistan in Islamabad.
Deutsche Bank executed the first sovereign bond issue of the Islamic Republic of Pakistan since 1999.
Deutsche Bank acted as joint bookrunner for a US$ 800 m. due tranche sovereign bond offering, the largest-ever funding by the Republic.