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History of Deutsche Bank in Korea

1870


Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.

1889


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.

1968

Deutsche Bank acquired a stake in Korea Development Finance Corporation.


1972


Deutsch-Asiatische Bank and its branches were integrated into the newly founded European Asian Bank.

1977

A bond was issued by Korea Development Bank under the lead management of Deutsche Bank.


1978


European Asian Bank opened its first branch for Korea in Seoul.

1983


European Asian Bank opened its branch in Pusan.

1986


European Asian Bank became Deutsche Bank (Asia).

1988


Deutsche Bank (Asia) was merged into Deutsche Bank AG. The branches in Seoul and Pusan began to operate under the name of Deutsche Bank AG.

1995

Closure of Deutsche Bank Pusan branch.


2007

First DWS-branded investment fund was launched.



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Last Update: May 21, 2010
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