Deutsche Bank opens first Bangladesh office

It is their 15th market to be active in.

Deutsche Bank has launched its first representative office in Dhaka, Bangladesh. 

The representative office will focus on supporting multinational corporate clients, predominantly exporters to Bangladesh, the bank said in a press release. 

The bank has hired Syed Naushad Zaman, previously deputy head of the Commerzbank Representative Office in Bangladesh, to lead its business in the country.

With this new market entry, Deutsche Bank is now active in 15 markets across Asia Pacific.

“We continue to grow and invest in our business in Asia Pacific,” said Alexander von zur Muehlen, Deutsche Bank Chief Executive Officer for Asia Pacific. “We are proud that in our 150th anniversary in Asia Pacific, we are welcoming a 15th market to our strong regional network.”