Deutsche Bank Customer Care And Review

Deutsche Bank

This article explains all you need to know about Deutsche Bank.

About Deutsche Bank

Deutsche Bank is a large worldwide bank listed on the Frankfurt (FWB) and New York stock markets (NYSE). In 2020, it was the ninth largest bank in Europe and the eighth largest investment bank internationally. However, Deutsche Bank’s assets have declined over the decades, and its worth in 2020 was less than half of what it was in 2008. Despite this, Deutsche Bank remains the largest German bank by assets. 

Not only did Deutsche Bank’s overall assets decline over time. 2008 was also the first year the bank lost money in five decades. The price of a share on the Frankfurt Stock Exchange fell as well, to about one tenth of what it was in 2006. In 2019, investors paid the lowest price since 1990. After a continuous deterioration since 2008, the bank did not pay a dividend to its shareholders in 2018. 

The bank has investment banking, private banking, corporate banking, and asset management sections. Investment and private banking earn the biggest net revenue. The investment banking division is Deutsche Bank’s largest and generates the most net revenue. The bank’s investment banking activities put it in direct competition with US-based but also European investment banks like Credit Suisse and Barclays. 

On March 10, 1870, King William I of Prussia licensed the first bank, which opened in Berlin on April 9. Bremen, Hamburg, Shanghai, and Yokohama, Japan, opened in 1872, and London in 1873. By the end of the century, it had absorbed several other German banks and tenfolded its capital. In 1929, Deutsche Bank merged with DiscontoGesellschaft, an older rival. After struggling throughout the Great Depression, the firm soared under the Nazis. 

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In 1945, the Russian occupation troops shuttered or expropriated Deutsche Bank offices in Berlin and eastern Germany; branches in western Germany were “decartelized,” becoming ten autonomous banks in 1947–48. As the Cold War proceeded and West German economic growth and cooperation became a priority, the NATO softened its resistance to West German economic consolidation. In 1952, the ten banks were reduced to three, and in 1957, they merged to establish Deutsche Bank AG. In the 1990s, it acquired US-based Bankers Trust. It has activities in Asia, North America, and South America. By the early 2000s, it had over 12 million customers in 70 countries. 

Personal Loans at Deutsche Bank 

You can contact the bank using many methods to inquire about personal loans. Call any of these numbers to inquire about your personal loan application status, interest rate, EMIs, approval, and repayment options! 

Calling from abroad: 1860 266 6601 

Mumbai phone banking number: 6601 6601 

You can use the Interactive Voice Response (IVR) service or speak to one of the phone banking officers to contact Deutsche Bank’s helpdesk regarding your personal loan.

Deutsche Bank: Conclusion 

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