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| Home > Topics > East Asia > Gallery - The branches of Deutsch-Asiatische Bank |
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Branch in Calcutta (now Kolkata)
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DAB Calcutta branch |
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The plan to set up a DAB branch in India dated back to the year 1895. With a choice between Bombay (now Mumbai) and Calcutta, the decision fell in favour of the city on the Ganges, and the branch was opened On October 8, 1896. However, soon afterwards the work of the branch suffered due to external influences: "Very disruptive for us was a severe earthquake that hit home in Calcutta on May 13, 1897, and over the course of which our bank building was so severely damaged that the rear storage half of the building was carried away and had to be reconstructed. In the months that followed, we sat in half of a building that was temporarily covered to the back; an abominable state that was ultimately only bearable in warm weather," summarized Franz Urbig, who had been on hand here, too, during the first months of the branch's development. Only after surviving several pestilent epidemics in the subsequent years was the Calcutta branch able to operate profitably for a few years. However, there were no further DAB branch openings in British India. At the beginning of the First World War, the Calcutta branch was closed. Since October 8, 1996 - exactly 100 years to the day after the opening of the DAB branch - Deutsche Bank was again represented with a branch in Calcutta.
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