Deutsche Bank History in Portugal
Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.
Deutsche Bank participated in issuing bonds for the Republic of Portugal.
Deutsche Bank acquired a stake in Mello Deutsche Morgan (MDM) in Lisbon, a financial consulting company that became an investment company in 1983.
Deutsche Bank took over the majority of MDM
Deutsche Bank de Investimento S.A. was created as a result of the conversion of MDM into an investment bank, which enabled it to expand its activities from financial consulting and medium and long-term financing to short-term credit operations, foreign exchange and derivatives operations, transnational banking and fundraising.
Begin of Private Banking and Consumer Finance.
Home Loans for private clients.
Deutsche Bank de Investimento S.A. renamed to Deutsche Bank Portugal S.A.
Deutsche Bank in Portugal formally began operations in the field Private & Business Clients (PBC).
Expansions of branch network all over the country (Investment & Financial Center and Financial Agents).