Deutsche Bank South Africa

• With roughly € 864 billion in assets and approximately 68,000 employees, Deutsche Bank offers its 13 million clients unparalleled financial services in 76 countries throughout the world.
• We compete to be the leading provider of financial solutions for demanding clients, creating exceptional value for our shareholders and people. We have a world-class platform with global resources, far-reaching industry insights and excellent know-how.
• In South Africa, Deutsche Bank offers a full range of competitive products and services i.e. corporate finance, equity capital markets, project finance, global markets, global banking, foreign exchange, equities research and equities sales, derivatives and trading. Its mission is to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
• Deutsche Bank has attained the leadership position in the SA market. It has been rated No 1 for the past nine years in Equities (Financial Mail) and is the No 1 Broker by Euromoney and Institutional Investor surveys. It is also ranked No 1 Corporate Sponsor and Advisor (Ernst & Young 2006) and No 2 in corporate bond capital raising.
• These successes are underpinned by a commitment to a set of deeply held values and ethics and to responsible corporate citizenship. Deutsche Bank is committed to ongoing empowerment and transformation in SA in terms of how it interacts with previously disadvantaged individuals and groups in its key roles as service provider and employer.
• Over the past ten years Deutsche Bank has formed an in-depth relationship with most Government departments.

Transformation at Deutsche Bank

• Deutsche Bank has sold 25% of its local operations to Utajiri (15%) and all black South African staff (10%)
• Uthajiri is a 100% black owned company made up of respected Black business people and a broad-based Womens Consortium
• All black South African staff will participate in the employee trust (42% of total staff)
• A joint Steering Committee will regulate business matters between Deutsche Bank, Utajiri and the trust to optimise business strategy and maximise value add
• Deutsche Bank in South Africa is committed to building a sustainable business in which all South Africans can participate
• The transformation committee, chaired by the chairman consists of elected representative staff from all parts of the business
• A 3-year target to achieve a 50:50 Black:White ratio has been set
• In the Financial Sector Charter score card, Deutsche Bank currently scores in the A category meaning that it is regarded as a "Black Empowered" company

Corporate Social Responsibility

• Since 1999, Deutsche Bank in South Africa has contributed approximately R33 m to community projects focussed on poverty relief, crime prevention, job creation and education
• In 2002, the Deutsche Bank Africa Foundation was established to focus on a few substantial projects rather than multiple small initiatives, through the use of financial resources, active staff participation and partnering with clients
• Sponsored projects include:
  • NOAH
    • a 'franchising' operation that trains small groups on how to set up and run facilities ("arks") to help care for orphans in their community
    • The foundation has also chosen to support a specific ark development in Gauteng
       
  • Education Development Programme
    • initiative that involves allocating additional needed resources in previously disadvantaged schools
    • Deutsche Bank support continues after school, bursaries will be allocated to students to show potential to achieve higher levels of education
    • Foundation has adopted two schools in Thembisa (Sasisebenze Comprehensive School and Zitikeni Secondary School) and is partnering with the National Business Intiative to implement the programme
• Deutsche Bank views the Foundation as critical to its commitment to South Africa, as well as providing an opportunity for its staff to utilise their skills and talents beyond the boundaries of the bank.

www.db.co.za

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