Deutsche Bank AG

Deutsche Bank AG is a prominent global banking institution with significant operations and services offered in the United Arab Emirates (UAE). The bank began its regional expansion in the UAE in 1999, with the opening of its first office in Abu Dhabi, the country's capital.

Global Presence and Operations

Deutsche Bank AG has a vast network of offices and branches spread across the globe. In the UAE, the bank's presence is notable with its branches located in key cities such as Abu Dhabi and Dubai. The bank's Abu Dhabi branch is located at the East Tower Building, Level 1, Abu Dhabi Mall, while the Dubai branch is at ICD Brookfield Place, DIFC, Dubai. These branches offer comprehensive banking services to the bank's clientele in the region.

Services Offered

Deutsche Bank AG offers a wide range of services in the UAE, catering to various client needs. For corporate clients, the bank provides asset and cash management services, along with equity capital market solutions. In the UAE's wealth management sector, Deutsche Bank AG, registered in the Dubai International Financial Centre (DIFC), offers bespoke services and is regulated by the Dubai Financial Services Authority (DFSA).

Regional Expansion and Partnerships

Deutsche Bank AG has consistently been a strong partner in the Middle East and Africa region. The bank's expansion drive in the UAE has allowed it to establish strong partnerships with local institutions. One such partnership is with the First Abu Dhabi Bank, from which Deutsche Bank AG acquired a portfolio of soured loans worth around $800 million. This move is indicative of the bank's commitment to fortifying its presence in the region and providing comprehensive financial solutions to its clients.

Legal Status and Regulation

In the UAE, Deutsche Bank AG operates as a Non-DIFC Company and is regulated by the Dubai Financial Services Authority (DFSA). The bank's adherence to local regulations and standards underscores its commitment to maintaining the highest levels of corporate governance and business integrity.

Branches