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.
In 2017 total assets of Banque de Luxembourg S.A. were 13 086,00 mln EUR. In 2017 the bank's annual profit was 63,00 mln EUR. Banque de Luxembourg S.A. had 844 employees in 2017.
Banque de Luxembourg S.A. participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100 000 EUR per bank per depositor.
Banque de Luxembourg S.A. is headquartered in LUXEMBOURG.
|natural persons and legal entities|
|asset and wealth management|
Banque de Luxembourg S.A. provides services in the area of asset and wealth management. Banque de Luxembourg S.A. makes its solutions available to natural persons and legal entities.
|Total Assets (2017)|
|13 086.00 mln EUR (-2.45%)|
In 2017 total assets of Banque de Luxembourg S.A. were 13 086.00 mln EUR. Decline compared to the previous period (2016) was -2.45%. The evolution of the total assets of Banque de Luxembourg S.A. is shown at Chart 1 below.
Chart 1. Total Assets of Banque de Luxembourg S.A..
|Annual Profit (2017)|
|63.00 mln EUR|
Recent changes in gross profit of Banque de Luxembourg S.A. and its main components are shown in Table 1.
|Net Interest Income||66.0||68.0||+3.03%|
|Net Commission Income||185.0||137.0||-25.95%|
|Table 1. Recent changes in gross profit of Banque de Luxembourg S.A. (mln EUR).|
In 2017 annual profit of Banque de Luxembourg S.A. was 63.00 mln EUR. The value didn't change compared to the previous period (2016). The evolution of the annual profit of Banque de Luxembourg S.A. is shown at Chart 2 below.
Chart 2. Annual Profit of Banque de Luxembourg S.A..
|Number of Employees (2017)|
In 2017 there were 844 employees of Banque de Luxembourg S.A.. Growth compared to the previous period (2016) was 3.56%. The evolution of the number of employees of Banque de Luxembourg S.A. is shown at Chart 3 below.
Chart 3. Number of Employees of Banque de Luxembourg S.A..
|Yes (up to 100 000 EUR per depositor)|
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 Banque de Luxembourg 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|
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) 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.
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).
BIC of Banque de Luxembourg S.A. and its components are shown in the table below.
|Bank BIC Code||BLUX|
|Country Code||LU (Luxembourg)|
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.
MFI ID of Banque de Luxembourg S.A. is shown in the table below.
Banque de Luxembourg S.A. operates under the brand name Banque de Luxembourg. This banking brand has presence in the following European countries and selected dependent territories of the European countries: