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Deutsche Bank has a more than 50 years presence in Pakistan and is considered to be one of the most respected international financial institution in the country, with the unique honour of lead managing the last three consecutive International bond issuances by the Government of Pakistan. Deutsche Bank was established in Pakistan in 1961. With offices in Karachi, Lahore and Islamabad, the Bank employs roughly 80 people in the country.
Most recently, Deutsche Bank was rated as the Best Bank in Pakistan by the CFA Society Pakistan in the category "Small Size Banks" with balance sheet footings of less than one billion Euro. This was the second consecutive year that Deutsche Bank Pakistan has been recognised by the CFA Institute as the Best Bank in Pakistan. The rating was based upon stand alone and locally reported financials to measure profitability, efficiency, growth and solvency.
Deutsche Bank Pakistan offers strong on-the-ground presence with the ability to draw on specific product expertise from the Bank's regional and global teams to help it provide a wide range of corporate and investment bank products and services. These include corporate finance, M&A, equity and debt capital markets products, foreign exchange, fixed income sales and trading, money markets/repo products, derivative solutions, working capital finance, accounts and deposits, cash management solutions, trade finance, and trust and securities services.
The Bank's Corporate Banking and Securities (CB&S) business offers a wide range of innovative hedging and risk management solutions to suit the needs of its onshore and offshore clients. As one of the Authorised Derivative dealers in Pakistan, the Bank is a pioneer in providing out of the box tailor made solutions for its corporate and financial institution clients.
The Bank's Global Transaction Banking (GTB) business in Pakistan offers a full range of market-leading, innovative Cash Management, Trade Finance and Trust and Securities Services. With a three branch network, partner banking arrangement of over 3,500 branches, and strategic and exclusive partnership with NIFT (local clearing house), the Bank provides unmatched Cash Management Services to its clientele. With its highly experienced regional product team supported by its dedicated local team in Pakistan, Deutsche Bank is one of the leading providers of Trade Finance solutions.
Over the years, Deutsche Bank has been a leader in helping Pakistan clients raise capital in offshore markets, playing a key role in international bond offerings for the Islamic Republic of Pakistan. It was the joint lead manager and joint book runner on USD 1.3bn sovereign bonds, which include Pakistan's first ever 30-year bond and its first even global bond. Deutsche also executed Pakistan's first corporate and global high yield offering for Pakistan Mobile Communications. The USD 250m bond issue won the Asia High Yield Deal of the Year award from Asiamoney and Best Asian Corporate Bond by Euroweek in 2006.
Deutsche Bank offers a full suite of corporate and investment bank products to its clients. With strong on-the-ground presence, coupled with the Bank's regional and global expertise, Deutsche Bank AG in Pakistan was named Best Bank in The Asset's Triple A Awards 2008.
Furthermore, The Bank's strength in transaction banking has been widely recognised by the industry with a number of accolades, including Best Transaction Bank and Best Domestic Custodian in Pakistan in The Asset Triple A Awards 2011; as well as the Top Rated Agent Bank 2010 in the Global Custodian Agent Banks in Emerging Markets Survey.
As part of its global corporate social responsibility programme, Deutsche Bank is fully committed to contributing to the communities in which it operates. Deutsche Bank has made significant contributions towards the Pakistan community in times of crisis through earthquake and flood relief efforts and other social welfare projects. In honour of Deutsche Bank's 50th anniversary in Pakistan, the Bank initiated the set-up of a large water filtration plant in a village affected by the 2010 floods, with the aim of providing clean water to over 1,400 individuals in 250 households.
Deutsche Bank is also proud to have selected Imran Qureshi, one of the most important figures on Pakistan's art scene today, as its "Artist of the Year" for 2013. Qureshi's works are being featured in a major solo presentation at the "Deutsche Bank KunstHalle", Deutsche Bank's own exhibition gallery in Berlin, in the spring and summer of 2013.

Copyright Business Recorder, 2013

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