Deutsche Bank in South Africa offers a full range of competitive investment banking products and services i.e. corporate finance, equity capital markets, project finance, global markets, global banking, foreign exchange, equities research and equities sales, derivatives and trading. Its mission is to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Deutsche Bank has attained a leading position in the South African market. It has dominated the top positions for the past ten years in Equities (Financial Mail) and is the No 1 Broker by Euromoney and Institutional Investor surveys. It is also ranked No 1 in corporate bond capital raising. It was rated the No1 Investment Advisor in the Ernst & Young Annual Investment Banking Survey 2009. It has also been named "Dealmaker of the Decade" at the annual DealMakers awards held in February 2010, having generated the highest value of total transactions for the period covering 2000-2009.
These successes are underpinned by a commitment to a set of deeply held values and ethics and to responsible corporate citizenship. Deutsche Bank is committed to ongoing empowerment and transformation in SA in terms of how it interacts with previously disadvantaged individuals and groups in its key roles as service provider and employer.
Deutsche Bank in South Africa also provides financial and practical support to social causes. In 2001, Deutsche Bank launched the Deutsche Bank Africa Foundation which has enabled significant additional funds to be allocated to transformation and community development. Since its inception, more than R80 million has been allocated to projects that have impacted positively on local communities. In 2012, it was renamed the Deutsche Bank South Africa Foundation.
In line with its empowerment profile agenda, Deutsche Bank has sold 25% of its South African incorporated operations to Utajiri Financial Services (Pty) Ltd (Uthajiri) and black staff. Uthajiri is a wholly owned subsidiary of Utajiri Investment Holdings (Pty) Ltd - a Black Economic Empowerment (BEE) group. Deutsche Bank believes that this transaction will build significantly on its achievements to date and will position it to take advantage of future opportunities in the South African market.