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Deutsche Bank AG was founded in 1870 in Berlin with the specific objective of financing foreign trade and promoting German exports, allowing German businesses to bypass reliance on English or French banks for international credit transactions. The bank's statute, adopted in January 1870, emphasised foreign business, and it rapidly established an influential role in developing Germany's financial services industry by focusing on providing finance to industrial customers. Following its 1929 merger with Disconto-Gesellschaft, it was known as Deutsche Bank und Disconto-Gesellschaft, and it underwent significant restructuring after World War II, eventually merging its successor banks to form the modern Deutsche Bank AG in Frankfurt in 1957. The institution is currently a German multinational investment bank and financial services company that is publicly traded and dual-listed on the Frankfurt Stock Exchange (FSE) and the New York Stock Exchange (NYSE), with its shares being entirely in free float (broad public ownership).
In the Indian financial system, Deutsche Bank has grown to be one of the largest foreign banks since opening its first branch in 1980, operating across three client-centric divisions: Corporate Bank, Investment Bank, and Private Bank. The bank is a primary dealer in the fixed-income market, providing access to foreign investors, and is highly active in sophisticated financing areas such as structured credit and real estate financing. With a significant domestic footprint, including 17 branches and global capability centres, its India operations are critical to its Asia-Pacific presence, underscoring its general significance as a strong partner for Indian corporates and a key facilitator of foreign capital and integrated financial services. The bank recently underscored its long-term commitment to the market with a substantial capital infusion to support its expansion across all business lines in the country.
(Source: Generated summary based on public domain financial data.)
IFSC Prefix: DEUT
All codes for DEUTSCHE BANK branches begin with the four unique characters DEUT. Please use the State directory above to proceed with your transaction details.