Deutsche Bank boosts investment in Vietnam to support growth



Media Release, 29th May 2023 – Deutsche Bank has today announced a capital allocation increase for its Ho Chi Minh City branch of USD 100 million, bringing the total to more than USD 200 million. The increased capital will support the bank’s growth in the country and allow it to undertake more activity for its clients.

Deutsche Bank has a long and proud 30-year history in Vietnam, a key growth driver for the ASEAN region, after launching its presence in the country in 1992. The business in Vietnam continues to play an increasingly important role in the success of the bank’s Asia Pacific franchise, having doubled its revenues over the past two years.

Deutsche Bank provides a range of corporate and investment banking solutions to multinational companies, large local corporates and financial institutions in Vietnam. These services include cash management, FX, custody, trade finance, corporate finance and advisory solutions.

Since 2017, Deutsche Bank has raised more than USD 1 billion in debt, loan and equity capital annually for Vietnamese corporates. It has established a track record for leading notable capital markets and structured finance transactions in the domestic market.

This capital investment in Vietnam is reflective of our confidence in this market’s rapid development and long-term growth trajectory.

Alexander von zur Muehlen, Deutsche Bank Asia Pacific CEO and Member of the Management Board. 

“Vietnam is an increasingly strategic market for our clients and therefore an important part of our regional platform. We are proud of the strong local business we have built so far over our decades of experience in this fast-growing market. We look forward to continuing to expand our business here alongside our clients over the years to come,” Alexander von zur Muehlen added.

Deutsche Bank Chief Country Officer for Vietnam Huynh Buu Quang said: “This important investment will further reinforce our broad capabilities and enable us to do even more for our clients. We are very well placed to achieve our long-term goal of becoming the leading foreign bank in Vietnam.”



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Edmund Shing, PhD

Global Chief Investment Officer
BNP Paribas Wealth Management

Edmund has over 29 years of experience in financial markets in a wide variety of positions, ranging from proprietary trading to portfolio manager in a number of financial institutions in London and Paris.  He previously held the role of Global Head of Equity and Derivative Strategy at BNP Paribas in London from 2015 to 2020, and has been Chief Investment Officer at BNP Paribas Wealth Management since November 2020.

Edmund is responsible for piloting our investment strategy and will continues to rollout out recommendations and themes with actionable advice that brings our expertise to our clients and support to our client-facing teams.  In this time of change, his expertise in following and anticipating markets is a true value added for both our customers and those at Wealth Management who serve them.

Edmund has a PhD in Cognitive and Computing Science from the University of Birmingham in the United Kingdom, and has done advanced studies in Knowledge-Based Systems and in Experimental Psychology.  He is an EFFAS-certified financial analyst. He has also authored the book “The Idle Investor” published by Harriman House in 2015, proposing 3 simple investment strategies that take only a few minutes to execute per month.

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