Private Banking in Luxembourg

30 May 2020

Since 1960, Luxembourg has established itself as a world financial and international banking center, making the banking industry one of Luxembourg's key pillars. Luxembourg enjoys healthy public finances and a stable political environment, productive international workforce, favourable taxation and regulatory frameworks.

Private and corporate banking segments are two main business areas of Luxembourg banks. Out of 132 banks operating in Luxembourg, 59 provide private banking solutions, representing 21 countries, including 9 domestic banks, 11 banks from Switzerland, 5 banks from France, and 5 banks from Germany. Other countries represented in the private banking landscape of Luxembourg are Spain (4), Italy (4), Belgium (3), Sweden (2), Andorra (2), United States (2), Israel (2), Portugal (1), Canada (1), Brazil (1), Liechtenstein (1), Finland (1), United Kingdom (1), Denmark (1), Russian Federation (1), Norway (1), Greece (1). While most of the banks provide their products and services worldwide, some are focused on the clientele from their originating countries and related regions.

List of Private Banks

In the list of private banks below, rank indicates the place of a bank in term of total assets among all banks operating in Luxembourg. It should be noted that branches of foreign banks in Luxembourg do not report their annual accounts, so their total assets and ranks are not available.

Rank
3
Business Focus
private banking, investment banking
Country of Origin
FR France
Rating
 (4.0)
Rank
4
Business Focus
wealth management
Country of Origin
DE Germany
Rating
 (4.5)
Rank
10
Business Focus
asset servicing
Country of Origin
CA Canada
Rating
 (3.5)
Rank
11
Business Focus
private banking
Country of Origin
DE Germany
Rating
 (2.3)
Rank
13
Business Focus
asset management
Country of Origin
LU Luxembourg
Rating
 (4.6)
Rank
15
Business Focus
private banking, wealth management
Country of Origin
GB United Kingdom
Rating
 (4.8)
Rank
16
Business Focus
asset and wealth management
Country of Origin
CH Switzerland
Rating
n/a
Rank
18
Business Focus
private banking, asset management
Country of Origin
LU Luxembourg
Rating
 (4.7)
Rank
20
Business Focus
wealth management
Country of Origin
FR France
Rating
 (4.8)
Rank
25
Business Focus
private banking and asset management
Country of Origin
CH Switzerland
Rating
 (3.5)
Rank
26
Business Focus
private and commercial banking
Country of Origin
CH Switzerland
Rating
 (5.0)
Rank
27
Business Focus
private banking and asset management
Country of Origin
CH Switzerland
Rating
n/a
Rank
30
Business Focus
asset management
Country of Origin
FR France
Rating
 (5.0)
Rank
31
Business Focus
private banking, asset management
Country of Origin
SE Sweden
Rating
n/a
Rank
33
Business Focus
wealth management, family office
Country of Origin
IT Italy
Rating
 (5.0)
Rank
34
Business Focus
private banking, asset management
Country of Origin
BE Belgium
Rating
n/a
Rank
35
Business Focus
private and corporate banking
Country of Origin
BR Brazil
Rating
n/a
Rank
36
Business Focus
corporate banking, asset management
Country of Origin
RU Russian Federation
Rating
n/a
Rank
37
Business Focus
private banking
Country of Origin
LU Luxembourg
Rating
 (3.0)
Rank
38
Business Focus
private banking, wealth management
Country of Origin
GR Greece
Rating
 (4.2)
Rank
39
Business Focus
private banking, asset management
Country of Origin
NO Norway
Rating
 (5.0)
Rank
41
Business Focus
private banking, family office
Country of Origin
CH Switzerland
Rating
 (5.0)
Rank
43
Business Focus
private banking, asset management
Country of Origin
IT Italy
Rating
n/a
Rank
44
Business Focus
private banking, asset management
Country of Origin
DK Denmark
Rating
 (5.0)
Rank
45
Business Focus
private banking, asset management
Country of Origin
CH Switzerland
Rating
n/a
Rank
47
Business Focus
asset management
Country of Origin
LI Liechtenstein
Rating
n/a
Rank
51
Business Focus
private banking, wealth management
Country of Origin
LU Luxembourg
Rating
n/a
Rank
52
Business Focus
private banking and asset management
Country of Origin
CH Switzerland
Rating
n/a
Rank
54
Business Focus
wealth management
Country of Origin
IT Italy
Rating
n/a
Rank
55
Business Focus
wealth management
Country of Origin
FI Finland
Rating
 (5.0)
Rank
56
Business Focus
asset management and estate planning
Country of Origin
BE Belgium
Rating
 (4.0)
Rank
61
Business Focus
asset and wealth management
Country of Origin
CH Switzerland
Rating
 (3.0)
Rank
63
Business Focus
wealth management
Country of Origin
ES Spain
Rating
 (5.0)
Rank
64
Business Focus
private and corporate banking
Country of Origin
LU Luxembourg
Rating
 (5.0)
Rank
65
Business Focus
boutique private banking
Country of Origin
AD Andorra
Rating
 (4.0)
Rank
66
Business Focus
private banking, asset management
Country of Origin
FR France
Rating
 (4.3)
Rank
67
Business Focus
private and corporate banking
Country of Origin
IL Israel
Rating
n/a
Rank
69
Business Focus
wealth management
Country of Origin
LU Luxembourg
Rating
 (4.0)
Rank
70
Business Focus
private banking, asset management
Country of Origin
AD Andorra
Rating
 (3.8)
Rank
75
Business Focus
wealth management
Country of Origin
LU Luxembourg
Rating
n/a
Rank
77
Business Focus
private banking, asset management
Country of Origin
BE Belgium
Rating
 (5.0)
Rank
81
Business Focus
private banking and asset management
Country of Origin
LU Luxembourg
Rating
n/a
Rank
82
Business Focus
private banking, investment management
Country of Origin
US United States
Rating
 (5.0)
Rank
84
Business Focus
retail banking, asset management
Country of Origin
DE Germany
Rating
n/a
Rank
n/a
Business Focus
private banking
Country of Origin
LU Luxembourg
Rating
 (4.5)
Rank
n/a
Business Focus
asset management
Country of Origin
ES Spain
Rating
n/a
Rank
n/a
Business Focus
wealth management
Country of Origin
CH Switzerland
Rating
 (5.0)
Rank
n/a
Business Focus
wealth management, corporate banking
Country of Origin
IT Italy
Rating
 (5.0)
Rank
n/a
Business Focus
asset management
Country of Origin
ES Spain
Rating
n/a
Rank
n/a
Business Focus
private banking
Country of Origin
SE Sweden
Rating
n/a
Rank
n/a
Business Focus
asset management
Country of Origin
US United States
Rating
n/a
Rank
n/a
Business Focus
private banking, wealth management
Country of Origin
DE Germany
Rating
n/a
Rank
n/a
Business Focus
private and corporate banking
Country of Origin
IL Israel
Rating
n/a
Rank
n/a
Business Focus
private banking, wealth management
Country of Origin
CH Switzerland
Rating
 (3.5)
Rank
n/a
Business Focus
asset and wealth management
Country of Origin
ES Spain
Rating
n/a
Rank
n/a
Business Focus
private banking, investment management
Country of Origin
DE Germany
Rating
n/a
Rank
n/a
Business Focus
wealth management
Country of Origin
PT Portugal
Rating
 (3.7)
Rank
n/a
Business Focus
wealth management
Country of Origin
FR France
Rating
 (5.0)
Rank
n/a
Business Focus
corporate banking, wealth management
Country of Origin
CH Switzerland
Rating
n/a

#3: Société Générale Luxembourg

Customer Rating
 (4.0; 4 ratings)
Rank by Total Assets
3
Country of Origin
FR France

Operating in Luxembourg for more than 100 years, Société Générale Luxembourg is a multi-specialist bank serving diversified international clientele. Société Générale Luxembourg offers private banking and securities services to high net worth individuals, business customers and institutional investors.

Services
private banking
wealth management
market solutions
commercial banking
financial engineering
cash management
Clients
high net-worth individuals
companies
institutional investors
Area Served
Worldwide

Société Générale Luxembourg is the 3rd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 41 636,15 mln EUR. In 2018 the bank's annual profit was 359,65 mln EUR.

#4: Deutsche Bank Luxembourg S.A.

Customer Rating
 (4.5; 2 ratings)
Rank by Total Assets
4
Country of Origin
DE Germany

Established in 1970, Deutsche Bank Luxembourg S.A. is diversified, client-focused and international, i.e. geared to cross-border business. Deutsche Bank Luxembourg S.A. provides corporate and investment banking and wealth management services to international customers.

Services
wealth management
corporate banking
investment banking
corporate finance
structured finance
investor and issuer services
participation management
Clients
high net-worth individuals
corporations
financial institutions
Area Served
Worldwide

Deutsche Bank Luxembourg S.A. is the 4th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 30 677,08 mln EUR. In 2018 the bank's annual profit was 213,03 mln EUR.

#10: RBC Investor Services Bank S.A.

Customer Rating
 (3.5; 10 ratings)
Rank by Total Assets
10
Country of Origin
CA Canada

RBC (Royal Bank of Canada) Investor Services a specialized provider of asset services, custody, payments and treasury services for financial and other institutional investors worldwide.

Services
asset servicing
custody services
payments
treasury services
Clients
institutional investors
Area Served
Worldwide

RBC Investor Services Bank S.A. is the 10th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 17 854,47 mln EUR. In 2018 the bank's annual profit was 72,90 mln EUR.

#11: DZ PRIVATBANK S.A.

Customer Rating
 (2.3; 3 ratings)
Rank by Total Assets
11
Country of Origin
DE Germany

DZ PRIVATBANK specializes in private banking, currency financing and fund services. DZ PRIVATBANK S.A. operates as a subsidiary of DZ PRIVATBANK (Germany).

Services
private banking
asset management
investment management
financing solutions
fund administration
Clients
high net worth individuals
companies

DZ PRIVATBANK S.A. is the 11th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 17 555,63 mln EUR. In 2018 the bank's annual profit was 11,38 mln EUR.

DZ PRIVATBANK S.A. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is AA- (very high credit quality).

#13: Banque de Luxembourg S.A.

Customer Rating
 (4.6; 13 ratings)
Rank by Total Assets
13
Country of Origin
LU Luxembourg

Established in Luxembourg since the 1920s, Banque de Luxembourg is one of Luxembourg's largest private banks. Banque de Luxembourg specializes in providing asset management services for individuals, families and businesses.

Services
asset management
wealth management
Clients
natural persons
families
businesses

Banque de Luxembourg S.A. is the 13th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 15 286,88 mln EUR. In 2018 the bank's annual profit was 64,07 mln EUR.

#15: HSBC Private Bank (Luxembourg) S.A.

Customer Rating
 (4.8; 5 ratings)
Rank by Total Assets
15
Country of Origin
GB United Kingdom

HSBC Private Bank provides private banking, investments and wealth management products and services to high net worth individuals, their families, intermediaries, and trusts.

Services
private banking
wealth management
asset management
corporate banking
global banking
global markets
Clients
private individuals
families
intermediaries
trusts

HSBC Private Bank (Luxembourg) S.A. is the 15th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 10 248,19 mln EUR. In 2018 the bank's annual profit was 200 000,00 EUR.

#16: Pictet & Cie (Europe) S.A.

Customer Rating
n/a
Rank by Total Assets
16
Country of Origin
CH Switzerland

Pictet Group is a Swiss financial company, specializing in asset and wealth management for private and institutional clients.

Services
asset management
wealth management
family office
custody services
fund services
Clients
high net worth individuals
family groups
institutions
Area Served
Worldwide

Pictet & Cie (Europe) S.A. is the 16th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 9 745,26 mln EUR. In 2018 the bank's annual profit was 106,22 mln EUR.

#18: Quintet Private Bank (Europe) S.A

Customer Rating
 (4.7; 6 ratings)
Rank by Total Assets
18
Country of Origin
LU Luxembourg

Quintet Private Bank was incorporated in Luxembourg in 1949 as Kredietbank Luxembourg. Quintet Private Bank is a pan-European private banking group focused on meeting the needs of individuals and institutions. In particular, Quintet Private Bank offers portfolio management, asset management, financial and estate planning, financing, investment funds, global markets and global custody services.

Services
asset management
portfolio management
financial advisory
estate planning
investment funds
global markets
global custody
Clients
private individuals
institutions

Quintet Private Bank (Europe) S.A is the 18th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 9 342,00 mln EUR. In 2018 the bank's annual profit was -22,95 mln EUR.

#20: CA Indosuez Wealth (Europe)

Customer Rating
 (4.8; 4 ratings)
Rank by Total Assets
20
Country of Origin
FR France

CA Indosuez Wealth Management is a division of Crédit Agricole Group (France). CA Indosuez Wealth Management provides a broad range of products and services in private banking, international asset management and financial advising.

Services
wealth management
asset management
wealth structuring
portfolio management
financing solutions
private equity management
Clients
high net worth individuals
family groups
institutions and corporates
external wealth managers

CA Indosuez Wealth (Europe) is the 20th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 8 094,65 mln EUR. In 2018 the bank's annual profit was -18,45 mln EUR.

#25: Crédit Suisse (Luxembourg) S.A.

Customer Rating
 (3.5; 2 ratings)
Rank by Total Assets
25
Country of Origin
CH Switzerland

Crédit Suisse (Luxembourg) provides private banking, investment banking and asset management services to private, corporate and institutional clients.

Services
private banking
asset management
wealth management
fund administration
investment banking
global banking
capital markets
Clients
high net worth individuals
families
entrepreneurs
institutions
Area Served
Worldwide

Crédit Suisse (Luxembourg) S.A. is the 25th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 6 183,05 mln EUR. In 2018 the bank's annual profit was 29,45 mln EUR.

#26: Banque J. Safra Sarasin (Luxembourg) SA

Customer Rating
 (5.0; 3 ratings)
Rank by Total Assets
26
Country of Origin
CH Switzerland

Established in 1985, Banque J. Safra Sarasin (Luxembourg) SA focuses on providing private and commercial banking solutions to domestic and international customers.

Banque J. Safra Sarasin (Luxembourg) SA is the 26th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 5 778,49 mln EUR. In 2018 the bank's annual profit was 55,29 mln EUR.

#27: Edmond de Rothschild (Europe)

Customer Rating
n/a
Rank by Total Assets
27
Country of Origin
CH Switzerland

Edmond de Rothschild is a family-owned financial group, specialising in private banking and asset management. Edmond de Rothschild group also provides corporate finance, private equity and fund administration solutions.

Services
private banking
asset management
corporate finance
private equity
fund administration
real estate investing
investment services
wealth engineering
Clients
ultra-high net-worth individuals
family groups
institutions
Area Served
Worldwide

Edmond de Rothschild (Europe) is the 27th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 5 362,28 mln EUR. In 2018 the bank's annual profit was 21,86 mln EUR.

#30: Natixis Wealth Management Luxembourg

Customer Rating
 (5.0; 3 ratings)
Rank by Total Assets
30
Country of Origin
FR France

Natixis Wealth Management Luxembourg focused on providing management and organisation of personal and professional wealth to expatriates, non-residents and international clients. Natixis Wealth Management Luxembourg works closely with the other Natixis and BPCE networks, both in France and across the globe.

Services
wealth management
asset management
legal and fiscal engineering
discretionary management
advisory management
Clients
high net-worth individuals
professionals
Area Served
Worldwide

Natixis Wealth Management Luxembourg is the 30th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 4 385,85 mln EUR. In 2018 the bank's annual profit was 7,13 mln EUR.

#31: Skandinaviska Enskilda Banken AB Luxembourg Branch

Customer Rating
n/a
Rank by Total Assets
31
Country of Origin
SE Sweden

Skandinaviska Enskilda Banken (Luxembourg) specializes in asset management and international private banking products and services. Skandinaviska Enskilda Banken (Luxembourg) also offer a range of customised solutions to corporations and institutions, covering advisory services, analysis, financing, investments, risk handling, transaction solutions, securities trading, custody services and corporate finance.

Services
private banking
asset management
corporate banking
investment banking
custody services
cash management
investment management
Clients
Nordic expatriates
corporations

Skandinaviska Enskilda Banken AB Luxembourg Branch is the 31st largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 4 198,61 mln EUR. In 2018 the bank's annual profit was 15,47 mln EUR.

#33: UniCredit International Bank (Luxembourg) SA

Customer Rating
 (5.0; 1 ratings)
Rank by Total Assets
33
Country of Origin
IT Italy

UniCredit International Bank (Luxembourg) SA provides international ultra-high-net-worth individuals with wealth management and corporate banking solutions for family offices and family holding companies.

Services
wealth management
corporate finance
capital markets
private banking
Clients
holding companies
family offices
ultra high-net worth individuals
Area Served
Worldwide

UniCredit International Bank (Luxembourg) SA is the 33rd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 2 894,15 mln EUR. In 2018 the bank's annual profit was 6,45 mln EUR.

#34: Banque Degroof Petercam Luxembourg S.A.

Customer Rating
n/a
Rank by Total Assets
34
Country of Origin
BE Belgium

In 2015 Bank Degroof and Petercam were merged to form a new bank that is now operating under the commercial brand name “Bank Degroof Petercam”. Bank Degroof Patercam provides private banking, asset management and investment banking products and services.

Services
private banking
private asset management
estate planning
wealth structuring
institutional asset management
investment banking
asset services
financial advisory
Clients
high-net worth individuals
corporate and public pension funds
insurance companies
not-for profit organizations
private banks
fund managers

Banque Degroof Petercam Luxembourg S.A. is the 34th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 2 875,10 mln EUR. In 2018 the bank's annual profit was 19,88 mln EUR.

#35: Banco Bradesco Europa S.A.

Customer Rating
n/a
Rank by Total Assets
35
Country of Origin
BR Brazil

Founded in 1943, Bradesco is one of the largest financial groups in Brasil. In Europe the group is represented by Banco Bradesco Europa, a commercial bank specializing in private banking and asset management, trade finance and corporate banking.

Services
private banking
asset management
corporate banking
trade finance

Banco Bradesco Europa S.A. is the 35th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 2 821,18 mln EUR. In 2018 the bank's annual profit was 15,53 mln EUR.

#36: Bank GPB International S.A.

Customer Rating
n/a
Rank by Total Assets
36
Country of Origin
RU Russian Federation

Established in 2013, Bank GPB International is a 100% subsidiary of Gazprombank (Joint-stock Company), one of the largest financial institutions in Russia. Bank GPB International provides tailored solutions in the areas of corporate and investment banking, private banking and asset management.

Services
private banking
corporate banking
investment banking
asset management
trading services
custody services
asset-backed financing
cash management
trade finance
corporate lending
Clients
high net-worth individuals
corporations
financial institutions

Bank GPB International S.A. is the 36th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 2 763,22 mln EUR. In 2018 the bank's annual profit was 9,27 mln EUR.

#37: EFG Bank (Luxembourg) S.A.

Customer Rating
 (3.0; 2 ratings)
Rank by Total Assets
37
Country of Origin
LU Luxembourg

EFG Bank (Luxembourg) is member of EFG International, a global financial services provider. EFG Bank (Luxembourg) offers a wide range of banking, investment and broader wealth management services to individuals and institutions in Luxembourg and abroad.

Services
private banking
asset management
wealth management
investment management
alternative investments
foreign exchange
Clients
high net worth individuals
Area Served
Worldwide

EFG Bank (Luxembourg) S.A. is the 37th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 2 552,26 mln EUR. In 2018 the bank's annual profit was -6,05 mln EUR.

#38: Eurobank Private Bank Luxembourg S.A.

Customer Rating
 (4.2; 5 ratings)
Rank by Total Assets
38
Country of Origin
GR Greece

Eurobank Private Bank provides private banking, wealth management, investment and advisory services to corporate and private clients. Eurobank Private Bank also offers a range of other services, including financial engineering, estate planning, fiduciary agreements, investment funds, alternative investment consultancy.

Services
private banking
asset management
investment management
family office
corporate banking
trade finance
payment services
corporate financing
Clients
high net-worth individuals
corporations

Eurobank Private Bank Luxembourg S.A. is the 38th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 2 327,17 mln EUR. In 2018 the bank's annual profit was 13,81 mln EUR.

#39: DNB Luxembourg S.A.

Customer Rating
 (5.0; 2 ratings)
Rank by Total Assets
39
Country of Origin
NO Norway

Founded in 1985, DNB Luxembourg specializes in providing private banking, asset management services and international mortgages.

Services
private banking
asset management
wealth planning
Clients
high net-worth individuals
institutional investors
Area Served
Europe

DNB Luxembourg S.A. is the 39th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 2 315,74 mln EUR. In 2018 the bank's annual profit was 8,77 mln EUR.

#41: Bank Julius Baer Europe S.A.

Customer Rating
 (5.0; 2 ratings)
Rank by Total Assets
41
Country of Origin
CH Switzerland

Established in 1890, Julius Baer is a Swiss private banking group, with Bank Julius Baer being its principal operating company dedicated to serving and advising sophisticated private clients and family offices from around the world.

Services
wealth management
precious metal operations
global custody
investment advisory
lombard lending
structured products
wealth planning
Clients
high net worth individuals
family groups
institutions
Area Served
Worldwide

Bank Julius Baer Europe S.A. is the 41st largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 2 037,11 mln EUR. In 2018 the bank's annual profit was -16,90 mln EUR.

#43: Fideuram Bank (Luxembourg) S.A.

Customer Rating
n/a
Rank by Total Assets
43
Country of Origin
IT Italy

Banca Fideuram provides private banking and asset management products and services. Fideuram Bank (Luxembourg) S.A. operates as a subsidiary of Banca Fideuram (Italy).

Fideuram Bank (Luxembourg) S.A. is the 43rd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 1 756,19 mln EUR. In 2018 the bank's annual profit was 19,69 mln EUR.

#44: Danske Bank International S.A.

Customer Rating
 (5.0; 1 ratings)
Rank by Total Assets
44
Country of Origin
DK Denmark

Founded in 1976, Danske Bank International specializes in private banking and asset management. Danske Bank International is focused on Nordic individuals living or considering living abroad.

Services
retail banking
private banking
corporate and investment banking
wealth management
Clients
individuals
businesses
institutions

Danske Bank International S.A. is the 44th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 1 705,41 mln EUR. In 2018 the bank's annual profit was 14,31 mln EUR.

#45: Lombard Odier (Europe) S.A.

Customer Rating
n/a
Rank by Total Assets
45
Country of Origin
CH Switzerland

Lombard Odier is a Swiss private bank providing private banking and asset management products and services since 1796.

Services
private banking
portfolio management
investment advisory
Clients
individuals
businesses
trusts
Area Served
Worldwide

Lombard Odier (Europe) S.A. is the 45th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 1 594,55 mln EUR. In 2018 the bank's annual profit was -6,94 mln EUR.

#47: VP Bank (Luxembourg) S.A.

Customer Rating
n/a
Rank by Total Assets
47
Country of Origin
LI Liechtenstein

VP Bank (Luxembourg) SA is a wholly owned subsidiary of VP Bank Group (Liechtenstein). Since 1988 VP Bank (Luxembourg) SA provides high-calibre asset management and investment consultancy with a personal touch and tailor-made cross-border banking and investment fund services.

Services
private banking
investment consultancy
fund distribution
asset management
wealth planning
Clients
private investors
institutional investors

VP Bank (Luxembourg) S.A. is the 47th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 1 443,26 mln EUR. In 2018 the bank's annual profit was -3,76 mln EUR.

#51: Banque Havilland S.A.

Customer Rating
n/a
Rank by Total Assets
51
Country of Origin
LU Luxembourg

Banque Havilland was established in 2009 in Luxembourg. Banque Havilland specialized in private banking and wealth management, and also offers retail banking products and services.

Services
private banking
wealth management
asset management
portfolio management
custody services
wealth structuring

Banque Havilland S.A. is the 51st largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 1 182,33 mln EUR. In 2018 the bank's annual profit was 270 000,00 EUR.

#52: Union Bancaire Privée (Europe) S.A.

Customer Rating
n/a
Rank by Total Assets
52
Country of Origin
CH Switzerland

Founded in 1969 by Edgar de Picciotto, Union Bancaire Privée (UBP) is a Swiss private bank, providing private banking and asset management products and services for both individuals and institutional clients.

Services
private banking
asset management
advisory services
portfolio management
wealth planning
direct investments
Clients
high net worth individuals
independent asset managers
financial institutions
Area Served
Worldwide

Union Bancaire Privée (Europe) S.A. is the 52nd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 1 080,66 mln EUR. In 2018 the bank's annual profit was 930 000,00 EUR.

#54: BPER Bank Luxembourg SA

Customer Rating
n/a
Rank by Total Assets
54
Country of Origin
IT Italy

Established in 1996, BPER Bank Luxembourg is a wholly-owned subsidiary of BPER Banca (Italy). BPER Bank Luxembourg offers wealth and investment management, treasury management, securities trading, risk management and administrative services.

Services
wealth management
investment management
treasury management
securities trading
risk management

BPER Bank Luxembourg SA is the 54th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 975,35 mln EUR. In 2018 the bank's annual profit was 2,39 mln EUR.

#55: Nordea Bank S.A.

Customer Rating
 (5.0; 1 ratings)
Rank by Total Assets
55
Country of Origin
FI Finland

Established in 1976, Nordea Bank (Luxembourg) provides international wealth management and private banking products and services.

Nordea Bank S.A. is the 55th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 971,15 mln EUR. In 2018 the bank's annual profit was -36,84 mln EUR.

#56: Delen Private Bank Luxembourg S.A.

Customer Rating
 (4.0; 1 ratings)
Rank by Total Assets
56
Country of Origin
BE Belgium

Delen Private Bank traces its roots back to 1936 when André Delen establishes the Delen Stockbroker. In 1987 Delen and Paribas Bank Luxembourg established a joint venture, Delen Private Bank. Delen Private Bank remains its family-based ownership structure and specializes in asset management, estate planning and institutional services.

Services
asset management
estate planning
Clients
high net worth individuals
institutions

Delen Private Bank Luxembourg S.A. is the 56th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 956,78 mln EUR. In 2018 the bank's annual profit was 56,70 mln EUR.

#61: Mirabaud & Cie (Europe) S.A.

Customer Rating
 (3.0; 1 ratings)
Rank by Total Assets
61
Country of Origin
CH Switzerland

Founded in 1819, Mirabaud is a Swiss financial group, offering to its Swiss and international clientele products and services in asset management, wealth management, brokerage and corporate finance.

Services
asset management
wealth management
securities services
asset allocation
fixed-income and equities
private equity
alternative investments
portfolio management
discretionary management
investment advisory
wealth planning
Area Served
Worldwide

Mirabaud & Cie (Europe) S.A. is the 61st largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 659,79 mln EUR. In 2018 the bank's annual profit was -1,82 mln EUR.

#63: Bankinter Luxembourg S.A.

Customer Rating
 (5.0; 1 ratings)
Rank by Total Assets
63
Country of Origin
ES Spain

Bankinter Luxembourg SA is owned by Bankinter SA (Spain), which acquired it on April 10, 2013 from Van Lanschot Bankiers Luxembourg, subsidiary of Van Lanschot Bankiers (Netherlands), which had presence in Luxembourg since 1989. Bankinter Luxemboug provides wealth and asset management products and services.

Services
asset management
wealth management
custody services
inheritance planning
Clients
high net-worth individuals
family groups

Bankinter Luxembourg S.A. is the 63rd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 625,36 mln EUR. In 2018 the bank's annual profit was -1,02 mln EUR.

#64: East West United Bank S.A.

Customer Rating
 (5.0; 1 ratings)
Rank by Total Assets
64
Country of Origin
LU Luxembourg

East West United Bank was established in 1974 to develop commercial relations between the BeNeLux countries and the Soviet Union. Since its establishement the bank has been owned by different Russian state-owned and public companies. East West United Bank provides private and corporate banking products and services to high net-worth individuals and corporate clients.

Services
private banking
asset management
securities trading
custody services
cash management
trade finance
corporate lending
Clients
high net-worth individuals
corporates

East West United Bank S.A. is the 64th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 602,34 mln EUR. In 2018 the bank's annual profit was 2,38 mln EUR.

#65: Banque de Patrimoines Privés

Customer Rating
 (4.0; 1 ratings)
Rank by Total Assets
65
Country of Origin
AD Andorra

Banque de Patrimoines Privés provides boutique private banking products and services to its customers. Banque de Patrimoines Privés offers global solutions via open architecture platforms. Banque de Patrimoines Privés is a member of Credit Andorra Group.

Services
private banking
wealth management
corporate finance
succession planning
mergers and acquisitions
portfolio management
advisory services
private equity
real estate investments
leveraged financing
asset-backed financing
structured products
Clients
individuals
companies

Banque de Patrimoines Privés is the 65th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 538,53 mln EUR. In 2018 the bank's annual profit was 30 000,00 EUR.

#66: Banque Transatlantique Luxembourg S.A.

Customer Rating
 (4.3; 3 ratings)
Rank by Total Assets
66
Country of Origin
FR France

Banque Transatlantique provides private banking and asset management services to individuals, families, corporate customers, associations and foundations. Banque Transatlantique also offers wealth management services for French expatriates. Banque Transatlantique Luxembourg S.A. operates as a subsidiary of Banque Transatlantique (France).

Services
asset management
portfolio management
financial advisory
fund management
Clients
high net-worth individuals

Banque Transatlantique Luxembourg S.A. is the 66th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 536,04 mln EUR. In 2018 the bank's annual profit was 1,38 mln EUR.

#67: Banque Hapoalim (Luxembourg) S.A.

Customer Rating
n/a
Rank by Total Assets
67
Country of Origin
IL Israel

Founded in 1921, Bank Hapoalim is now one of the largest banks in Israel with significant international presence. On the European market Bank Hapoalim provides private and corporate banking products and services.

Banque Hapoalim (Luxembourg) S.A. is the 67th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 483,97 mln EUR. In 2018 the bank's annual profit was 1,97 mln EUR.

#69: Catella Bank S.A.

Customer Rating
 (4.0; 1 ratings)
Rank by Total Assets
69
Country of Origin
LU Luxembourg

Catella Bank is a member of Swedish financial group Catella. Catella Bank provides wealth management solutions to corporations, institutions and individuals requiring active independent advice and management. Catella Bank also offers cards and payment solutions.

Services
wealth management
corporate finance
property investment management
investment funds
Clients
individuals
corporations
institutions

Catella Bank S.A. is the 69th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 402,11 mln EUR. In 2018 the bank's annual profit was -32,17 mln EUR.

#70: Andbank Luxembourg

Customer Rating
 (3.8; 4 ratings)
Rank by Total Assets
70
Country of Origin
AD Andorra

Andbank is a private, family-owned Andorran bank, originally established in 1930. Andbank specializes in private banking, asset management and financial advising. Andbank Luxembourg operates as a subsidiary of Andbank (Andorra).

Services
private banking
asset management
investment management
portfolio management
fund management
Clients
high net-worth individuals
Area Served
Worldwide

Andbank Luxembourg is the 70th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 351,88 mln EUR. In 2018 the bank's annual profit was -2,78 mln EUR.

#75: Bemo Europe - Banque Privee

Customer Rating
n/a
Rank by Total Assets
75
Country of Origin
LU Luxembourg

BEMO EUROPE – Banque Privée was established in Brussels in 1973 as a universal bank. BEMO EUROPE – Banque Privée specializes in wealth engineering, financial advisory, real estate financing, and also provides retail banking products and services (credit cards, transfers, foreign exchange transactions, current accounts).

Services
wealth management
wealth engineering
financial advisory
portfolio management
real estate financing
foreign exchange transactions
transfers and debits
Clients
high net worth individuals
corporates

Bemo Europe - Banque Privee is the 75th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 266,07 mln EUR. In 2018 the bank's annual profit was -2,72 mln EUR.

#77: Banque Puilaetco Dewaay Luxembourg S.A.

Customer Rating
 (5.0; 1 ratings)
Rank by Total Assets
77
Country of Origin
BE Belgium

Established in 1988, Banque Puilaetco Dewaay specializes in providing boutique private banking and asset management products and services to high net-worth individuals .

Services
private banking
portfolio management
financial planning
estate planning
Clients
high net-worth individuals

Banque Puilaetco Dewaay Luxembourg S.A. is the 77th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 146,98 mln EUR. In 2018 the bank's annual profit was 3,25 mln EUR.

#81: Öhman Bank S.A.

Customer Rating
n/a
Rank by Total Assets
81
Country of Origin
LU Luxembourg

Öhman is a Swedish privately-owned banking group, offering investment banking, research and brokerage services since 1906. Banque Öhman provides private banking and asset management products and services to both domestic and international clients.

Services
asset management
asset allocation
equities management
fixed-income management
capital assurance
succession Management
securities trading
Clients
private individuals
entrepreneurs
institutional investors

Öhman Bank S.A. is the 81st largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 110,47 mln EUR. In 2018 the bank's annual profit was 1,01 mln EUR.

#82: Brown Brothers Harriman (Luxembourg) S.C.A.

Customer Rating
 (5.0; 1 ratings)
Rank by Total Assets
82
Country of Origin
US United States

Brown Brothers Harriman (BBH) is a privately-owned and managed American financial services company. Brown Brothers Harriman offers private banking and investment management services.

Services
private banking
investment management
corporate banking
wealth planning
private equity
private lending
corporate lending
Clients
affluent individuals
business owners

Brown Brothers Harriman (Luxembourg) S.C.A. is the 82nd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 95,38 mln EUR. In 2018 the bank's annual profit was 44,37 mln EUR.

#84: Freie Internationale Sparkasse S.A.

Customer Rating
n/a
Rank by Total Assets
84
Country of Origin
DE Germany

Founded in 1994, Freie Internationale Sparkasse is focused on retail banking, asset and wealth management. Solutions provided by Freie Internationale Sparkasse include bonds and notes in Euro and foreign currencies, fixed-term deposits in all convertible currencies, precious metals and gold depot, equity investments, certificates, investment funds, lombard and consumer loans in Euro and foreign currencies.

Services
private banking
asset management
wealth management
investment advice
portfolio management
Clients
high net-worth individuals
financial institutions

Freie Internationale Sparkasse S.A. is the 84th largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 46,13 mln EUR. In 2018 the bank's annual profit was 430 000,00 EUR.

Compagnie de Banque Privée Quilvest S.A., en abrégé CBP Quilvest S.A.

Customer Rating
 (4.5; 2 ratings)
Rank by Total Assets
n/a
Country of Origin
LU Luxembourg

Established in 2007, Compagnie de Banque Privée Quilvest (CBP Quilvest Bank) is part of Quilvest Wealth Management (“QWM”). CBP Quilvest provides bespoke client focused solutions in investment and banking, wealth management and structuring, family office and life style services.

Services
wealth management
tax and inheritance planning
life insurance
asset management
portfolio management
financial advising
lombard loans
alternative investments
trading rooms
family office
Clients
high net-worth individuals
families

Compagnie de Banque Privée Quilvest S.A., en abrégé CBP Quilvest S.A. is the 43rd largest bank in Luxembourg in terms of total assets. In 2017 its total assets were 1 944,00 mln EUR. In 2017 the bank's annual profit was 7,00 mln EUR.

BANCO SANTANDER (BRASIL) S.A., LUXEMBOURG BRANCH

Customer Rating
n/a
Rank by Total Assets
n/a
Country of Origin
ES Spain

Established in 1857, Banco Santander is a Spanish universal bank. Banco Santander's main business activity is retail banking which provides more than a half of the bank's income. Banco Santander (Luxembourg Branch) provides asset management solutions for all client types, including these are corporations, insurance companies, pension funds, financial institutions, family offices or private individuals.

Services
asset management
Clients
high net-worth individuals
family groups
companies
financial institutions

UBS EUROPE SE, Luxembourg Branch

Customer Rating
 (5.0; 1 ratings)
Rank by Total Assets
n/a
Country of Origin
CH Switzerland

In December 2016 UBS combined most of its wealth management businesses in Europe into one legal entity, UBS Europe SE. UBS Europe SE's legal type (namely, Societas Europaea (SE)) has been chosen to provide UBS with more strategic flexibility. UBS Europe SE offers both affluent individuals and institutions around the world a comprehensive range of advice and investment services. UBS EUROPE SE, Luxembourg Branch operates as a branch of UBS Europe SE (Germany).

Services
wealth management
wealth planning
investment management
Clients
affluent individuals
institutions
Area Served
Worldwide

UniCredit Luxembourg S.A.

Customer Rating
 (5.0; 1 ratings)
Rank by Total Assets
n/a
Country of Origin
IT Italy

UniCredit Luxembourg S.A. provides international ultra-high-net-worth individuals with wealth management and corporate banking solutions for family offices and family holding companies.

Services
wealth management
corporate finance
capital markets
private banking
Clients
holding companies
family offices
ultra high-net worth individuals
Area Served
Worldwide

UniCredit Luxembourg S.A. is the 7th largest bank in Luxembourg in terms of total assets. In 2017 its total assets were 17 993,00 mln EUR. In 2017 the bank's annual profit was 69,00 mln EUR.

Banca March, S.A., Luxembourg Branch

Customer Rating
n/a
Rank by Total Assets
n/a
Country of Origin
ES Spain

Banca March is a Spanish bank founded in 1926 in Palma de Mallorca. In Spain Banca March provides a wide range of banking products and services to private individuals and business entities. Banca March (Luxembourg Branch) offers individuals and companies tailored asset management solutions.

Services
asset management
portfolio management
joint investments
estate planning
Clients
high net-worth individuals
companies
Area Served
ESSpain
LULuxembourg

Svenska Handelsbanken AB (Publ), Stockholm (Suède), succursale de Luxembourg

Customer Rating
n/a
Rank by Total Assets
n/a
Country of Origin
SE Sweden

Svenska Handelsbanken (Luxembourg) provides private banking and as well as international mortgages to customers from Nordic markets buying property in France, Portugal and Spain.

Services
private banking
asset management
investment funds
customized financing
Clients
private individuals
Area Served
DEGermany
FIFinland
NLNetherlands
GBUnited Kingdom
NONorway
SESweden

Northern Trust Global Services SE

Customer Rating
n/a
Rank by Total Assets
n/a
Country of Origin
US United States

Founded in 1889 as a Chicago-based bank, Northern Trust is now an international financial company, providing asset and wealth management products and services to a broad range of clients, from sovereign wealth funds and high net worht individuals and families, to hedge funds and corporations.

Services
asset management
wealth management
Clients
high net-worth individuals
families
hedge funds
corporations
Area Served
Worldwide

Hauck & Aufhäuser Privatbankiers AG, Niederlassung Luxemburg

Customer Rating
n/a
Rank by Total Assets
n/a
Country of Origin
DE Germany

Hauck & Aufhäuser Privatbankiers is a German private bank, providing a broad range of private banking and wealth management products and services to corporate and individual clients. Hauck & Aufhäuser Privatbankiers was established in 1796 in Frankfurt am Main. Hauck & Aufhäuser Privatbankiers AG, Niederlassung Luxemburg operates as a branch of Hauck & Aufhäuser Privatbankiers AG (Germany).

Services
private banking
asset management
asset servicing
wealth management
investment advisory
project financing
securities trading
investment banking
investment funds
Clients
high net worth individuals
corporations
financial institutions

In 2010 total assets of Hauck & Aufhäuser Privatbankiers AG, Niederlassung Luxemburg were 507,00 mln EUR. In 2010 the bank's annual profit was 9,00 mln EUR.

Hapoalim (Switzerland) Ltd, Luxembourg Branch

Customer Rating
n/a
Rank by Total Assets
n/a
Country of Origin
IL Israel

Founded in 1921, Bank Hapoalim is now one of the largest banks in Israel with significant international presence. On the European market Bank Hapoalim provides private and corporate banking products and services. Hapoalim (Switzerland) Ltd, Luxembourg Branch operates as a branch of BANK HAPOALIM (SWITZERLAND) LTD, ZÜRICH (Switzerland).

CREDIT SUISSE AG LUXEMBOURG BRANCH

Customer Rating
 (3.5; 2 ratings)
Rank by Total Assets
n/a
Country of Origin
CH Switzerland

Founded in 1856, Credit Suisse is a Swiss-based international financial company. Credit Suisse is one of the largest universal banks in Switzerland offering comprehensive advice and a broad range of retail, private, corporate banking products and services to individuals, corporate and institutional clients. On the international markets Credit Suisse offers wealth management and investment banking solutions. CREDIT SUISSE AG LUXEMBOURG BRANCH operates as a branch of Credit Suisse AG (Switzerland).

CaixaBank Wealth Management Luxembourg S.A.

Customer Rating
n/a
Rank by Total Assets
n/a
Country of Origin
ES Spain

CaixaBank Wealth Management Luxembourg S.A. was established in 2020 to provide international asset and wealth management solutions.

Joh. Berenberg, Gossler & Co. KG, Niederlassung Luxemburg

Customer Rating
n/a
Rank by Total Assets
n/a
Country of Origin
DE Germany

Joh. Berenberg, Gossler & Co., commonly known as Berenberg Bank was established in 1590 and is one of the oldest private banks in Germany. Berenberg Bank specializes in private banking, investment banking, asset management and corporate banking. Joh. Berenberg, Gossler & Co. KG, Niederlassung Luxemburg operates as a branch of Joh. Berenberg, Gossler & Co. KG (Germany).

Services
wealth management
asset management
corporate banking
investment banking
investment advisory
investment funds
market research
securities trading
Clients
wealthy families
private investors
institutional investors
corporates

Novo Banco S.A., Succursale de Luxembourg

Customer Rating
 (3.7; 3 ratings)
Rank by Total Assets
n/a
Country of Origin
PT Portugal

Novo Banco is a successor of Banco Espírito Santo (BES) establised in August 2014 by the Bank of Portugal as a bridge bank (or a "good bank") to rescue assets and liabilities of BES. The only owner of Novo Banco is a special bank Resolution Fund, the fund will continue to own the bank until the bank is sold to new owners. Novo Banco provides products and services in retail and investment banking, asset management and insurance. Novo Banco S.A., Succursale de Luxembourg operates as a branch of Novo Banco, SA (Portugal).

Services
retail banking
investment management
asset management
insurance

BNP Paribas Wealth Management (Luxembourg)

Customer Rating
 (5.0; 2 ratings)
Rank by Total Assets
n/a
Country of Origin
FR France

BNP Paribas Wealth Management provides personalized wealth management services to wealthy individuals and their families, professionals and entrepreneurs.

Services
portfolio management
asset allocation
succession planning
leveraging credit
family office
Clients
ultra high net worth individuals
family groups
professionals
entrepreneurs
expatriates
Area Served
Worldwide

BNP Paribas Wealth Management (Luxembourg) is the 35th largest bank in Luxembourg in terms of total assets. In 2017 its total assets were 3 182,00 mln EUR. In 2017 the bank's annual profit was 3,00 mln EUR.

Banque de Commerce et de Placements S.A., Genève (Suisse), succursale de Luxembourg

Customer Rating
n/a
Rank by Total Assets
n/a
Country of Origin
CH Switzerland

Established in 1963, Banque de Commerce et de Placements (BCP Bank) offers its commercial, private and financial institution clients full range of services of a universal Swiss bank. Banque de Commerce et de Placements is focused on four well-established areas of expertise: commodity trade finance, wealth management, treasury services and correspondent banking. Banque de Commerce et de Placements S.A., Genève (Suisse), succursale de Luxembourg operates as a branch of Banque de Commerce et de Placements Sa (Switzerland).

Services
wealth management
commodity trade finance
portfolio management
treasury services
Clients
high net worth individuals
companies

See Also