Deutsche Bank is considering selling its 20% stake in China’s Hua Xia Bank, which is valued at about $4.8bn.
The German lender has received at least one offer from a Chinese financial institution to buy the Chinese bank stake, reported Reuters.
Deutsche Bank first acquired a stake in Hua Xia, which has $24bn market value, in 2006, and later raised it to the maximum permissible limit of 19.99% allowed under Chinese rules.
One senior banker has told Reuters that the bank might also decide to keep its stake as a door opener to the Chinese market.
He said: "Of course, it is on the list of potential divestments. But will they really do it? I don’t know."
Deutsche is also preparing to sell its Postbank retail banking chain and potentially some of its foreign retail banking activities.
