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Deutsche Bank opens fourth branch in China
Published on: 2009-12-08
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Deutsche Bank opened its fourth branch in China in the port city of Tianjin on Dec 8 2009 to complement its existing network in Beijing, Shanghai and Guangzhou.
 
Largely focussed on transaction and corporate banking, the new branch will initially offer services including treasury products and services for foreign exchange and interest rate hedging; structured trade and export finance; and will also provide onshore sales and customer services support to financial institutions.  
The new branch also allows the bank to extend its premium services to clients both within the municipality and around the Bohai Rim.
 
The opening of the Tianjin branch enables a significant expansion of the bank’s coverage of North China, according to Lee Zhang, group chairman of Deutsche Bank China and head of global banking Asia-Pacific (ex-Japan).

Tianjin is one of the largest urban areas in the country. The municipality hosts a number of economic and technological development zones and has also been designated as a centre for financial innovation and emissions trading. Deutsche Bank’s new branch is located at Exchange Tower 2, Nanjing Road, Heping District, Tianjin.
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