History of Deutsche Bank in China

1870


1870_historyDeutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.

1872


1872_db_his_shangyok72Deutsche Bank established its first foreign branches in Shanghai and Yokohama. Both branches had to be liquidated due to losses in the silver trade in 1875.

1889


1889_db_his_dab89Foundation of Deutsch-Asiatische Bank in Berlin – as a special institution for the East Asian market – by a German bank syndicate led by Disconto-Gesellschaft and Deutsche Bank.

1890


1890_db_his_shang90Deutsch-Asiatische Bank opened its main branch in Shanghai. Further branches were established in China before the First World War.

1897


1897_db_his_hankow97Deutsch-Asiatische Bank opened an agency in Hankow (or Hankou, now part of Wuhan), which was converted into a branch in 1910.

1898


1898_db_his_gold98Deutsch-Asiatische Bank participated in the Chinese Imperial Government Gold Loan for 16 million pounds.
1898_db_his_tsing98Deutsch-Asiatische Bank opened an agency in Tsing-Tao (now Qingdao), which was converted into a branch in 1899. In 1914, at the beginning of the First World War, the branch was closed.

1899


1899_db_his_src99Deutsche Bank and Deutsch-Asiatische Bank assisted in the foundation of the Shantung Railway Company.

1900


1900_db_his_hong00Deutsch-Asiatische Bank opened a branch in Hong Kong.

1904


1905_db_his_tsinanfu04Deutsch-Asiatische Bank opened an agency in Tsinanfu (now Jinan).

1905


1905_db_his_peking05Deutsch-Asiatische Bank opened an agency in Peking (now Beijing), which was converted into a branch in 1910.

1907


1910_db_his_banknote07Deutsch-Asiatische Bank started issuing its own banknotes.

1910


1910_db_his_cant10Deutsch-Asiatische Bank opened an agency in Canton (now Guangzhou), which was converted into a branch in 1911.

1913


1913_db_his_gold13Deutsch-Asiatische Bank participated in the Chinese Government Reorganisation Gold Loan for 25 million pounds (= 511,250,000 marks).

1917


1917_db_his_asia14The Deutsch-Asiatische Bank branches in Shanghai, Canton, Hankow, Peking, Tientsin and Tsinanfu were subjected to forced liquidation by the Chinese government.

1925


1925_de_his_chin25Re-opening of the Chinese branches of Deutsch-Asiatische Bank in Shanghai, Hankow, Peking, Tientsin, Tsing-Tao and Canton. All branches had to be closed by the end of the Second World War in 1945.

1949


1949_db_his_ham49Deutsch-Asiatische Bank was licensed as a foreign trade bank in Hamburg.

1958


1958_db_his_hong58Deutsch-Asiatische Bank re-opened a branch in Hong Kong.

1972


1972_db_his_euroab72Deutsch-Asiatische Bank and its branches were integrated into the newly founded European Asian Bank.

1974


1974_db_his_hongkong74The Hong Kong branch of European Asian Bank opened its first neighbourhood branch in the city, soon followed by others.

1976


1976_db_his_hong76Deutsche Bank opened a representative office in Hong Kong, which was converted into a branch in 1979.

1981


1981_db_his_chin81Deutsche Bank opened its first representative office in the People’s Republic of China in Beijing.

1986


1986_db_his_eab86European Asian Bank became Deutsche Bank (Asia).

1988


1988_db_his_shang88Deutsche Bank (Asia) was merged into Deutsche Bank AG. The management of the Asia business was relocated from Hamburg to the regional head office in Singapore.

1994


1994_de_his_guangzhou94Deutsche Bank opened a representative office in Guangzhou (formerly Canton), which was converted into a branch in 1995.

1995


1995_de_his_schang95Deutsche Bank opened a representative office in Shanghai, which was converted into a branch in 1999.

2004


2004_db_his_bei04Deutsche Bank converted its representative office in Beijing into a branch.

2008


2008_db_chinaDeutsche Bank (China) Co., Ltd., a wholly foreign-funded subsidiary bank solely owned by Deutsche Bank AG, officially commenced operations. The branches and sub-branches of Deutsche Bank AG in Beijing, Shanghai and Guangzhou were converted into corresponding branches and sub-branches of Deutsche Bank China, with headquarters in Beijing.

2010


Deutsche Bank China opened a branch in Tianjin on March 23.

2011


Deutsche Bank China opened a branch in Chongqing on April 28.

2013


Deutsche Bank China opened a branch in Qingdao on September 4.