- Euromoney named Deutsche Bank Asia’s Best Investment Bank for Financing 2025, reflecting about US$9.2 billion of financing across 96 Asia-Pacific deals in 2024.
- Deutsche Bank’s edge lies in its geographic breadth, product diversity, and ability to execute complex, structured and local-currency transactions.
- DBS, while not winning this specific Euromoney financing award, accumulated major 2025 accolades for overall banking, investment banking, sustainability and digital innovation.
- The awards highlight intensifying competition in Asian financing, where credibility in complex structures, ESG and technology-enabled solutions is becoming critical.
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In its “Awards for Excellence: Asia’s Best Investment Bank for Financing 2025”, Euromoney awarded Deutsche Bank the top spot in financing in Asia for 2025. The honour was based on its 2024 performance: roughly US$9.2 billion of financing across 96 deals in the region. [1]
Deutsche’s edge seems to stem from a combination of geographic breadth (South, Southeast, North Asia, Australia, Japan), product diversity (loans, bonds, equity capital markets), and comfort with complex, high-stretch structures—such as NAV financing and large syndicated loans. For example, it acted as bookrunner/underwriter on a US$1.25 billion loan to J&T Express, and handled an India-rupee denominated financing for Mankind Pharma in a take-private deal. [1]
By contrast, DBS Bank, while not awarded Asia’s Best Investment Bank for Financing by this particular Euromoney award, has accumulated multiple recognitions over 2025: Global Bank of the Year by The Banker; Asia Bank of the Year; Investment Bank of the Year – Asia; in addition to sustainability and digital banking accolades. [2] DBS’ accomplishments emphasise innovation (AI, blockchain, smart contracts), ESG and sustainable finance frameworks. [2]
From an investment banking strategic perspective, the Euromoney award suggests Deutsche Bank is widening its credibility in Asia’s financing marketplace—not just in traditional product lines, but in offering new, demanding structures. In contrast, DBS is consolidating its leadership through strong regional positioning plus emerging strengths in sustainability and tech-enabled innovation. For both, talent, regulatory access, risk appetite and local relationships will be critical.
Open questions remain: how sustainable is Deutsche’s deal pipeline given global macro risks (rates, geopolitical tension, China regulation); whether DBS can translate its awards into financing market share in competitive markets like Japan, India, China; and how increasing ESG and local currency demands are reshaping deal terms, pricing and structures.
Supporting Notes
- Deutsche Bank delivered ~US$9.2 billion of financing in Asia-Pacific over 96 deals in 2024. [1]
- Deutsche underwrote a US$1.25 billion syndicated loan for J&T Express and led a local currency (Indian-rupee) take-private financing for Mankind Pharma. [1]
- Deutsche Bank also executed multiple debut high-yield bond and ESG-adjacent deals, such as Golomt Bank’s debut bond and Karoon Energy’s financing. [1]
- DBS was named Global Bank of the Year 2025 by The Banker, Asia Bank of the Year, Singapore Bank of the Year, Investment Bank of the Year – Asia, and first time Investment Bank of the Year for Financial Institutions Group. [2]
- DBS’s technology strategy (AI, blockchain, smart contracts) was specifically cited by The Banker as distinguishing features. [2]
- DBS has been named Asia’s Safest Bank for 17 consecutive years by Global Finance, also ranking 2nd globally among the 50 Safest Commercial Banks. [3]
Sources
- 1 www.euromoney.com (Euromoney) — 2025-mid-year
- 2 www.dbs.com (DBS.com) — 4 Dec 2025
- 3 www.dbs.com (DBS.com) — 9 Oct 2025