Y - Historische Gesellschaft der Deutschen Bank e.V.

In our drivc to Facilitate the financing of the foreign projects of our customers, we havc
negotiated medium and long-term crcdits to German exporters and helped procure credits for
the direct financing of foreign projects. Demand for such financial credits as a mcans of
financing the export of capital goods was still morc pronounced. It becomcs cver more dif-
ficult to meet die requests of an increasing numher of foreign itnpoxters for very long de-
ferred-payment terms because exporters justifiably are afraid of thc additional strain which
such transactinns place on their balancc sheets. The question of how to solve the financial
problems arising in such a situation has our Special carc and attention.
In the year under review the Bank acquired part interests in the following companies:
BANQUI: COMMERCIALE DU MAKOC, Casablanca/Morocco
UNION SENEGALAISE DE BANQU~ POUR LE COMMERCE ]?T L'INDusTRIE,D~~~~/S~~~~~~ UNION TOGOLAISE DL~ BANQUE, Lomk/Togo
Together with well-known banks and industrial firms from Europe, thc United States
of America, Canada and Japan the Bank also acquired participations in the ADELA INVEWMISNT
COMPANY S. A., T~uxcmbourg/Lima (Peru). This company was foundcd for the purpose of
promoting the growth of private industry in Latin America particularly through the acquisition
of participations. As far as investments arc concerned the company will cooperatc with
private cntrepreneurs in the respective countries. We hope that the investment climate in
1,atin America will develop favourably for the activity of ADRLA.
The Bank's extensive nctwnrk of participations in foxeign countries proved vcry beneficial
in the counselling of ciur customers, especially with rcgard to projects in developing countries.
Also in the past year, we gave a number of young foreign bank clerks training opportunities
in our Bank. The David Hansernann Haus in Düsseldorf which accommodares thc young
peoplc from abroad looked back in thc year under review on tcn years of existence, Since its
inception, it has housed almost joo bank clcrks from a total of 36 countries.
The ~European Advisory Committee« which was founded in the preceding year following
an agreement with the AMSTERDAMSCHE BANK N. V. (today Amsterdam-Rotterdam Bank
N. V.), thc BANQUE DE LA SOCIETE GBNERALE DE BELGIQUU S. A., and the MIDLAND BANK
JJMLTED, at present consists of the following members:
C. A. KIAASSE
Dr. C. F. KARSTEN
AMSTERDAM-ROTT~DA~~ BANK N. V.