Media Release December 2, 2020

Deutsche Bank retains number one cash management spot in Western Europe

Survey amongst more than 32,000 corporate and financial institutions sees Deutsche Bank for the ninth year as number one bank for cash management services.

“2020 was a challenging year for all, and at Deutsche Bank we have been focused on supporting our corporate and institutional clients in this difficult time. We are very proud to have been voted the clear number one cash management bank in Western Europe – for the ninth year running”, said Ole Matthiessen, global Head of Cash Management.

Deutsche Bank retained top spot for market share in both Germany and Western Europe for the ninth consecutive year. Clients voted Deutsche Bank best cash management services provider in Germany, Portugal, Spain, Belgium and the Netherlands.

The Euromoney survey, carried out annually since 2001 is widely considered the yardstick for success in the cash management business, received a record 32,871 responses from both corporate and financial institutional clients.

Find more information on the Euromoney survey at 

For additional information please contact:

Deutsche Bank AG, Media Relations
Frank Hartmann
Phone: +49 69 910 42744

About Deutsche Bank

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.


This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.

Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.

Such factors are described in detail in our SEC Form 20-F of 20 March 2020 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from

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