To comemmorate the 60 year anniversary of their partnership with the CHIO Aachen, Deutsche Bank is intensifying its support for aspiring, young riders.

On the occasion of its 60-year partnership with the CHIO equestrian show in Aachen, Deutsche Bank is extending its commitment for the equestrian sport by launching theDeutsche Bank Equestrian Sport Academyinitiative. The aim of the initiative is to promote the sporting success and the professional future of aspiring young Olympic riders in Germany.

Jürgen Fitschen, Co-Chairman of the Deutsche Bank, said: “The Deutsche Bank has especially been supporting dressage for years, since it stands for partnership and precision more than any other sporting discipline. With the aid of the Deutsche Bank Equestrian Sport Academy initiative, wir intend to contribute towards defending the leading worldwide position of the German riders. In order to enable the highest level of top sport, it is essential to promote young talents.”

The Deutsche Bank supports ten aspiring youngsters every year in the equestrian sport. In addition to financial support, the scholarship holders also take part in selected shows in Germany and are supported by mentors of the Deutsche Bank, who support them with the further professional training. As a special reward, the best young rider of the year is allowed to compete at the CHIO in Aachen, one of the most famous equestrian shows worldwide. The Academy stands under the direction of the national coach Monica Theodorescu and the first scholarship holders are to be nominated this year already.

The Deutsche Bank is one of the most committed companies that promotes sport in Germany. The bank has been the partner of the Deutsche Sporthilfe Stiftung (German Sports Aid Foundation) since 2001. In its role as national sponsor, it helps talented athletes to combine sport with professional training more efficiently.

In 2012, the Deutsche Bank intensified its commitment and launched the “Deutsche Bank Sport Scholarship”. In the scope of this initiative the Deutsche Bank exclusively bears the costs for the monthly grants for the athletes supported by the Sporthilfe, who are simultaneously studying and has at the same time doubled the support for athletes, who are studying. The bank currently supports 400 athletes with 400 Euros a month. This year, the Deutsche Bank is celebrating the 60th anniversary of its partnership with the CHIO Aachen. The bank has been supporting the event since 1955.