Release - Deutsche Bank



Amsterdam

October [25], 2010

STRICTLY EMBARGOED UNTIL OCTOBER 25, 2010

Abu Dhabi Commercial Bank selects Deutsche Bank for cross-currency payments

Deutsche Bank and Abu Dhabi Commercial Bank (ADCB) today announced an alliance in cross-currency payment solutions to facilitate payments in line with their growth in the United Arab Emirates (UAE). This expands ADCB’s existing payments and cash management relationship with Deutsche Bank who has been serving as ADCB’s main euro clearing bank for many years.

ADCB, one of the largest banks in the UAE, is a diversified full service bank, which is active in all banking services that span corporate, retail and commercial banking. Additionally, covering the areas of treasury derivatives, infrastructure finance, private banking and wealth management, ADCB has a network of 49 branches and 340,000 retail customers but with its recent acquisition of the retail banking business of the Royal Bank of Scotland in the UAE, ADCB’s franchise will grow by hundreds of thousands of customers.

ADCB and its clients are using Deutsche Bank’s FX4Cash platform for global cross-currency payments. FX4Cash was developed by Deutsche Bank’s Global Transaction Banking in collaboration with Global Markets to leverage the Bank’s number one FX role as well as its leading clearing positions in euro and US dollar.

Utilizing FX4Cash, clients are able to send and receive cross-currency payments in over 120 different currencies. FX4Cash provides Deutsche Bank clients with new functionality, added control and revenue opportunities for servicing their cross-currency payment requirements.

Padmanabhan Mishra, Head of Financial Institutions at ADCB, said, “We chose to expand our relationship with Deutsche Bank to support efficient execution of a wider range of cross-currency payments for our growing client base. We continue to be impressed with Deutsche Bank’s product innovation, delivery and customer service. We view this alliance as another milestone for continued future cooperation between our institutions.”

Wolfgang Wagner /Paul Camp, title, Deutsche Bank, said “We are pleased to support Abu Dhabi Commercial Bank’s efforts to maximize and extend their cross-currency payments reach worldwide for their expanding client franchise. We are committed to providing tangible results to ADCB and other clients in the Middle East and across the globe.”

For further information, please call:

Deutsche Bank AG

Press & Media Relations

Christoph Woermann

Deutsche Bank

Global Transaction Banking

+44(0) 777 496 9054

christoph.woermann@

Libby Young

Deutsche Bank

Press Office

+44(0) 207 545 6941

libby.young@

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 81,929 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.



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