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Deutsche Bank
 

Deutsche Bank is one of largest commercial bank in Germany and one of the largest international bank present in Canada. As a Schedule III banks, Deutsche Bank Canada branch have certain restrictions of commercial banking business approved under the Banking Act. Deutsche Bank provide a wide range of corporate banking and treasury management services across Canada including: short-term borrowing, trade finance, short term investing, treasury management, and foreign exchange solutions.

Deutsche Bank is very well-positioned, besides Canada, it also presence in over 70 countries, significant regional diversification and substantial revenue streams from all the major regions of the world. The Bank have established strong bases in all major emerging markets, and therefore have good prospects for business growth in fast-growing economies, including the Asia-Pacific region, Central and Eastern Europe, and Latin America.

 
 

Deutsche Bank's global strength to meet clients' comprehensive needs including provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs. With a global network of large number of intermediaries and counterparties, Deutsche Bank offer access to a wide range of investment products and solutions backed by reliable, unbiased and consistent advice.

 
  Deutsche Bank
Category : Schedule III
SWIFT Code : DEUTCATT

Address :
199 Bay Street, Suite 4700
Commerce Court West
Box 263
Toronto, Ontario M5L 1E9
Canada

Telephone : +1 (416) 682-8400

Website :  www.db.com

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Unlike the Schedule I and Schedule II banks, as a Schedule III bank, Deutsche Bank are NOT incorporated under the Bank Act and therefore operate in Canada under other government-mandated restrictions. Schedule III banks usually operate within the country's largest cities (being Toronto, Montreal, Calgary and Vancouver), under certain restrictions mentioned in the Act. As of October 2010, there were 23 such banks in Canada.

In Canada, the Office of the Superintendent of Financial Institutions (OSFI) is responsible for administering a number of federal statutes, including the Bank Act and the Trust and Loan Companies Act, the statutes applicable to the regulation of banks and federal trust and loan companies.
 

 

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