Deutsche Bank was discovered to Russia 125 years ago. Was there anyone at that time who foresaw that a daring German-Russian cooperation project would become a real history going on for ages irrespective of political and economic systems?
Deutsche Bank activities in Russia began in 1881 when the bank participated in the additional emission of the Russian Bank for Foreign Trade and began to place new shares on the German market. In the middle of 1980s Deutsche Bank organized the first Russian railways loans. In 1926 the Bank organized the first German consortium to finance export supply to the USSR. In 1970s under the Deutsche Bank leadership there was organized financing of the pipes supply for the Russia-Europe gas pipe-line. In 1972 Deutsche Bank was among the first to receive the permission to open the foreign bank representative office in Moscow.
In the process of the long-term cooperation with Russia Deutsche Bank was rendering financial and consultative support to its trade partners and the government. In particular Deutsche Bank was playing an important part in restructuring of the Soviet Union debts for Western banks, members of the London Club.
To improve and develop the activities in Russia in April 1998 the Deutsche Bank Ltd. (Deutsche Bank Russia) was established. It is a 100% affiliated company of Deutsche Bank AG. Deutsche Bank Russia became one of the largest banks with foreign equity participation in Russia.
Just several months after Deutsche Bank Lid. was opened the financial crisis in Russia broke out. That was the time when many foreign banks were closing heir offices in the country. Irrespective of enormous difficulties that Deutsche Bank encountered during that complicated period the management decided not to stop the Bank's activities in Russia. The Bank continued to develop its business. Moreover the Bank helped to solve the difficulties and disagreements between the Russian Federation and its international creditors end also helped to rebuild the constructive relations between Russia and international capital markets participants.
Over many years of activities the Bank managed to build strong business and warm personal relations with its partners and friends that became a key factor of success of this financial institution. We are proud of the role the Bank plays on the Russian financial market. Deutsche Bank became a part of the great history of Russia, the part of economic and cultural relations between Russia and Germany.
The reputation of Deutsche Bank as one of the leading international financial institutions is being built by a wide range of financial services which we offer to our clients as well as by the unique experience of our international level specialists.
Over many years the Bank has held leading positions on the Russian financial market. In 2005 Deutsche Bank became the largest lead manager of Eurobonds in Russia. In 2006 the Bank became №1 in IPO and M&A projects. The Bank's business in the sphere of asset management and private wealth management is developing dynamically.
Deutsche Bank believes the support and development of culture and arts to be the inseparable part of its activities. In 1983-2006 Deutsche Bank participated in more than twenty projects among which there were exhibitions and concerts of international level masters. It is a great honor for the Bank to cooperate with the best Russian and international organizations when implementing cultural projects in Russia. Among the Bank's partners in implementation of cultural projects in Russia there are The Moscow Kremlin museums, the State Pushkin Museum of Fine Arts, the State Tretyakovskaya Gallery, the State Hermitage.
Deutsche Bank takes an active part in the development of the Russian financial market. The Bank is the member of the Foreign Investment Advisory Council under the Russian Federation Government, the Association of Russian Banks, the American Chamber of Commerce, The European Business Club, the Association of German Economy in the RF and a number of other important organizations of the Russian financial market professional community.
Deutsche Bank has always looked upon The Russian market as being the key and strategically important for the Deutsche Bank Group activities, it looks with optimism at the development of the Russian financial market and is actively developing its business in Russia.
