In April 2006, Deutsche Bank’s presence was established in the Kingdom of Saudi Arabia with the opening of a branch in the capital, Riyadh. The branch is regulated by the Saudi Arabian Monetary Agency (SAMA) and operates under a full commercial banking license, which was granted by SAMA in July 2004. A second entity, Deutsche Securities Saudi Arabia LLC (DSSA), was incorporated in December 2007. DSSA is regulated by the Capital Market Authority (CMA) and is licensed to carry out securities business.
Through its two legal entities, Deutsche Bank offers a full range of investment banking, private wealth management, and global transaction banking services. Deutsche Bank is well recognized for its leading role on some of the most prestigious domestic transactions, and is the recipient of several regional awards in recognition of its achievements in investment banking and Islamic finance.