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-Deutsche picked depositary bank by BR Properties.

BANKING AND CREDIT NEWS-May 20, 2011--Deutsche picked depositary bank by BR Properties(C)2011 M2 COMMUNICATIONS

20 May 2011 - Deutsche Bank AG (ETR:DBK) said on Thursday it had been hired depositary bank by Brazilian commercial real estate investment firm BR Properties SA (SAO:BRPR3).

Specifically, the bank will act as depositary for the sponsored Level I American Depositary Receipt (ADR) programme of the Brazilian company.

On a global scale, Deutsche serves as depositary bank for over 800 ADR and Global Depositary Receipt (GDR) programmes.

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Publication:M2 Banking & Credit News (BCN)
Date:May 20, 2011
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