The focus is on Africa, Latin America, the Middle East, Asia,
and central and eastern Europe, Germany's largest bank said.
It plans to hire between 20 and 30 people for those locations
and will invest "a middle two digit million euro figure" in
information technology over the next three years, it said.
Daniel Schmand, who heads the bank's trade finance division,
told journalists that he sees unmet demand for trade financing
in particular for small and medium-sized companies.
"Germany is an export nation that needs strong financing
competence," Schmand said.
Competitors in the market include Commerzbank <CBKG.DE>, BNP
Paribas <BNPP.PA>, HSBC <HSBA.L> and Citigroup <C.N>, he said.
Deutsche Bank wants to gradually increase its market share in
the business, which currently stands at a two-digit percent
market share in Germany, he said.
(Reporting by Tom Sims; editing by Susan Thomas)
[© 2017 Thomson Reuters. All rights
Copyright 2017 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.