|Address||L-1724, Luxembourg, LUXEMBOURG, 19-21, boulevard Prince Henri|
|Credit Ratings (as of Dec 2014)|
|Fitch||- (not rated)|
|Moody's||Baa2 (lower medium grade)|
|S&P's||- (not rated)|
|Deposit Guarantee||Yes (up to 100 000 EUR per depositor)|
|Number of Employees (2013)||166 (-17.82%)|
|Total Assets (2013)||14 646.00 mln EUR (+4.64%)|
|Profit and Loss|
|Annual Profit (2013)||166.00 mln EUR (+23.88%)|
Any bank can be identified for different purposes and hence can have several different identifiers.
BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
|Bank BIC Code||SEBK|
|Country Code||LU (Luxembourg)|
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.Of the 'Big Three' rating agencies, Société Européenne de Banque S.A. is rated by Moody's.
Credit ratings assigned to Société Européenne de Banque S.A. as of December 2014 are shown in details in the following sections.
Long-term rating is for Société Européenne de Banque S.A. it is set to Baa2 (lower medium grade). Long-term bank deposit rating is not assigned. Bank financial strength rating is not set. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||-|
|Bank Financial Strength Rating||-|
Outlook for the ratings of Société Européenne de Banque S.A. is set to stable (not likely to change).
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Luxembourg are obliged to participate in Luxembourg deposit guarantee scheme.
In the case of Société Européenne de Banque S.A. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, small businesses with headquarters in EU|
|Covered Accounts||all cash deposits|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
Further Information: Deposit Guarantee Scheme in Luxembourg
Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.
|Subject to MRR by ECB||Yes|
|Exempt from MRR by ECB||No|
In 2013 total assets of Société Européenne de Banque S.A. were 14 646.00 mln EUR. Growth compared to the previous period (2012) was 4.64%. The evolution of the total assets of Société Européenne de Banque S.A. is shown at Chart 1 below.
Recent changes in gross profit of Société Européenne de Banque S.A. and its main components are shown in Table 1.
|Net Interest Income||155.0||163.0||+5.16%|
|Net Commission Income||25.0||18.0||-28.00%|
|Table 1. Recent changes in gross profit of Société Européenne de Banque S.A. (mln EUR).|
In 2013 annual profit of Société Européenne de Banque S.A. was 166.00 mln EUR. Growth compared to the previous period (2012) was 23.88%. The evolution of the annual profit of Société Européenne de Banque S.A. is shown at Chart 2 below.