Deutsche Bank announced this financial service authorization from the Financial Regulatory authority in Abu Dhabi Global Market (ADGM), conducting primary financial activities within the International Financial Center.
License allowed Deutsche Bank to participate in the following regulated activities under financial services and market regulations 2015:
- Arranging investment deals
- Credit arrangement
- Advising investment or credit
It is important to reflect the Banksche Bank’s commitment to deepen its presence in UAE and approach the bank closer to its clients.
Deutsche Bank expands UAE with the market base in Abu Dhabi in global
It also supports the bank’s global hustrank strategy, which is focused on being a long-term, trusted partner to clients by staying close to them and delivering integrated financial solutions tailored to their evolving priorities, across markets, geographies, and sectors.
To support business growth, Jean-Pierre Habis is assigned a senior manager for new aspects of the bank business, supporting the provision of customizable financial solutions to clients.
the ADGM License supports the Ambition of Banksche Bank connecting global capital with regional opportunities and communicates with the regional roles such as “we are UAE 2031” and the “Abu Dhabi vision of economic 2030.”
Deutsche Bank is in UAE for more than 25 years. The bank first built a representative office of Abu Dhabi in 1999 and since its foot extended to include four legal entities across the country.
Today, the bank serves clients throughout investment investment, business management and handling of wealth, offering solutions with world class desires.
Jamal Al Kishi, principal Executive Officer for Middle East and Africa, said: “Receiving this license is an important step in our UAE clients and the region.
“It improves our ability to deliver our promise to Hausbank – which will serve as a trustworthy association with clients wherever they move.”
Esra Turk, head of the Cemeea Institutional Client Group and Chaird of Investment Bank Mea, “our extended access to clients accessing clients to access clients to access clients and solutions as they grow in skills.”
