Deutsche Bank opens in Abu Dhabi

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01 February 2010

Deutsche Bank expands its UAE presence with a branch in Abu Dhabi that will initially focus on trade finance and global transaction banking.

Deutsche Bank has opened its first branch in Abu Dhabi, capital of the United Arab Emirates (UAE) capital, Abu Dhabi. The branch will be focused on servicing the Bank’s corporate and institutional clients.

Initially global transaction banking focused, the new branch will offer traditional commercial banking services such as international trade finance solutions, and cash management and treasury solutions, including taking non-retail deposits in a number of GCC and international currencies.

The inauguration of the new Abu Dhabi branch was marked by the attendance of HE Sheikha Lubna Al Qasimi, Minister of Foreign Trade; HE Sultan Bin Nasser Al Suwaidi, Governor of the Central Bank of the UAE; Werner Steinmüller, Deutsche...

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