History of Deutsche Bank in Hong Kong SAR
Show content of 1870
Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.
Show content of 1872
Deutsche 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.
Show content of 1889
Foundation 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.
Show content of 1890
Deutsch-Asiatische Bank opened its main branch in Shanghai. Further branches were established in China before the First World War.
Show content of 1897
Deutsch-Asiatische Bank opened an agency in Hankow (or Hankou, now part of Wuhan), which was converted into a branch in 1910.
Show content of 1898
Deutsch-Asiatische Bank participated in the Chinese Imperial Government Gold Loan for 16 million pounds.
Deutsch-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.
Show content of 1899
Deutsche Bank and Deutsch-Asiatische Bank assisted in the foundation of the Shantung Railway Company.
Show content of 1900
Deutsch-Asiatische Bank opened a branch in Hong Kong.
Show content of 1904
Deutsch-Asiatische Bank opened an agency in Tsinanfu (now Jinan).
Show content of 1905
Deutsch-Asiatische Bank opened an agency in Peking (now Beijing), which was converted into a branch in 1910.
Show content of 1907
Deutsch-Asiatische Bank started issuing its own banknotes
Show content of 1910
Deutsch-Asiatische Bank opened an agency in Canton (now Guangzhou), which was converted into a branch in 1911.
Show content of 1913
Deutsch-Asiatische Bank participated in the Chinese Government Reorganisation Gold Loan for 25 million pounds (= 511,250,000 marks).
Show content of 1917
The Deutsch-Asiatische Bank branches in Shanghai, Canton, Hankow, Peking, Tientsin and Tsinanfu were subjected to forced liquidation by the Chinese government.
Show content of 1925
Re-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.
Show content of 1949
Deutsch-Asiatische Bank was licensed as a foreign trade bank in Hamburg
Show content of 1958
Deutsch-Asiatische Bank re-opened a branch in Hong Kong.
Show content of 1972
The Hong Kong branch of European Asian Bank opened its first neighbourhood branch in the city, soon followed by others.
Show content of 1974
The Hong Kong branch of European Asian Bank opened its first neighbourhood branch in the city, soon followed by others.
Show content of 1976
Deutsche Bank opened a representative office in Hong Kong, which was converted into a branch in 1979.
Show content of 1981
Deutsche Bank opened its first representative office in the People’s Republic of China in Beijing.
Show content of 1986
European Asian Bank became Deutsche Bank (Asia).
Show content of 1988
Deutsche 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.
Show content of 1994
Deutsche Bank opened a representative office in Guangzhou (formerly Canton), which was converted into a branch in 1995.
Show content of 1995
Deutsche Bank opened a representative office in Shanghai, which was converted into a branch in 1999.
Show content of 2004
Deutsche Bank converted its representative office in Beijing into a branch.
Show content of 2006
Deutsche Bank acquired a 9.9% stake in Hua Xia Bank, which has been increased to 13.7% in 2008.
Show content of 2007
Deutsche Bank launched its Private & Business Clients service in China and opened sub-branches in Beijing and Shanghai. | |
Deutsche Bank and Hua Xia Bank launched joint credit card operations. |
Show content of 2008
Deutsche 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.