Deutsche Bank increases interest rate to 4.00% | news

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NEW YORK–(BUSINESS WIRE)–Aug. May 2022–

Deutsche Bank announced today that its New York branch, Deutsche Bank New York (DBNY), and its subsidiary Deutsche Bank Trust Company Americas (DBTCA) increased their prime lending exposure from 3.50, effective tomorrow, May 5, 2022 % increased to 4.00%.

About Deutsche Bank

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking, and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses and individuals. Deutsche Bank is Germany’s leading bank with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

This press release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions on which they are based. These statements are based on plans, estimates and projections currently available to Deutsche Bank management. Forward-looking statements therefore speak only as of the date on which they are made, and we undertake no obligation to publicly update them in light of new information or future events.

By their nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in the forward-looking statements. These factors include conditions in the financial markets in Germany, Europe, the United States and elsewhere from which we derive a significant portion of our income and in which we hold a significant portion of our assets, asset price developments and market volatility, potential defaults of borrowers or trading partners, the execution of our strategic initiatives, the reliability of our risk management policies, procedures and methods and other risks referred to in our filings with the US Securities and Exchange Commission. Such factors are detailed in our SEC Form 20-F dated March 11, 2016 under the heading “Risk Factors.” Copies of this document are available upon request or can be downloaded from www.db.com/ir.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220504006273/en/

CONTACT: Deutsche Bank Dylan Riddle

[email protected]

212-250-4982

Press and media work

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA CANADA

INDUSTRY KEY WORD: BANKS PROFESSIONAL SERVICES FINANCE

SOURCE: Deutsche Bank

Copyright Business Wire 2022.

PUB: 05/04/2022 17:46 / DISC: 05/04/2022 17:47

http://www.businesswire.com/news/home/20220504006273/en

Copyright Business Wire 2022.

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