History of Deutsche Bank Group in MENA
1870Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets. |
1899Deutsche Bank received the "preliminary concession" for the Baghdad Railway, which obliged it to build a railway from Konia to Baghdad and on to Basra. |
1914Deutsche Bank opened a sub-branch in Baghdad, which had to be closed three years later because of World War I. |
1959Opening of Deutsche Bank Representative Office in Cairo |
1961Deutsche Bank first established in Pakistan on 22 July 1961, with the name Deutsch Asiatische Bank, which was later renamed as Deutsche Bank AG on 5 April 1988. |
1962Deutsch-Asiatische Bank opened its first branch for Pakistan in Karachi. |
1967Opening of Deutsche Bank Representative Office in Beirut to serve the countries of the Middle East. In 1981 the office was closed due to the civil war. |
1972Deutsch-Asiatische Bank and its branch in Karachi were integrated into the newly founded European Asian Bank. |
1976Bankers Trust, which was acquired by Deutsche Bank in 1999, opened a Representative Office in Manama, Bahrain |
1983Opening of Deutsche Bank Representative Office in Manama, Bahrain |
1988Deutsche Bank (Asia) was merged into Deutsche Bank AG. The branches in Karachi and Lahore began to operate under the name of Deutsche Bank AG. |
1996Deutsche Bank opened its third branch for Pakistan in Islamabad. |
1999Opening of Deutsche Bank Representative Office in Abu Dhabi |
2001Opening of Deutsche Bank Representative Office in Dubai |
2004Deutsche Bank executed the first sovereign bond issue of the Islamic Republic of Pakistan since 1999. |
2005Deutsche Bank acted as joint bookrunner for a US$ 800 m. due tranche sovereign bond offering, the largest-ever funding by the Republic of Pakistan. |
2006Opening of Deutsche Bank Riyadh Branch |
2007Opening of Deutsche Bank Doha Branch |
2008Deutsche Bank established Deutsche Securities and Services (DSS) an on-shore branch in Dubai to render custody services |
2010Opening of Deutsche Bank Abu Dhabi Branch |
2011Deutsche Bank celebrates 50 years in Pakistan |
2013Deutsche Bank’s Middle East Foundation celebrates its 5th anniversary |
2015Deutsche Bank celebrates 10 years in Dubai International Financial Center. |
2016Deutsche Bank celebrates 10 years in Saudi Arabia. |
2017In collaboration with Qatar Museums, Deutsche Bank participate in the Qatar Germany 2017 Year of Culture by having its ‘German Encounters: Contemporary Masterpieces from the Deutsche Bank Collection” exhibition in Doha. |