Deutsche Bank said new branch will offer a full range of transaction banking, treasury products and services, catering to the needs of the sophisticated corporates and financial institutions.
Key products include working capital management solutions, cash management, foreign exchange and interest rate hedging, supplier finance, structured trade and export finance.
Deutsche Bank head of global transaction banking and member of the group executive committee Werner Steinmueller said the opening of this new branch is an important step in Deutsche Bank’s strategy in China, where it will bring the bank’s world-class transaction banking products and services to Western China, one of the fast growing markets in the region.