AI Cuts Deutsche Bank Corporate Loan Decisions from Weeks to Minutes
AI · First reported 26 Oct, 15:21 · Updated 19:07
Deutsche Bank said AI had cut decision times for some smaller corporate loans from weeks to minutes and for some multinational lending from months to weeks.
- The project went live in the summer, according to technology chief Marie-Jeanne Deverdun.
- Deutsche Bank built an internal AI platform called ADA to develop, monitor and control AI agents.
- The bank planned more than €2.5 billion in additional technology spending between 2026 and 2028.
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