Banque de Luxembourg S.A.

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 and Wealth Management

Financials

Total Assets (2017)
13 086.00 mln EUR  (-2.45%)
Annual Profit (2017)
63.00 mln EUR 
Number of Employees (2017)
844  (+3.56%)

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.

Contacts

14, Boulevard Royal, 2449, LUXEMBOURG, Luxembourg
2221
+352 49 92 41
+352 49 924 5599

Banque de Luxembourg S.A. is headquartered in LUXEMBOURG.

Bank Identifiers

BIC (SWIFT)
BLUXLULL
MFI ID
LUB00008
Start Date
March 1937

Business Summary

Eligible Clients
natural persons and legal entities
Services
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.

Financial Positions

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.

Total Assets of Banque de Luxembourg S.A..

Chart 1. Total Assets of Banque de Luxembourg S.A..

Profit and Loss

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.

2016 2017 % change
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.

Annual Profit of Banque de Luxembourg S.A..

Chart 2. Annual Profit of Banque de Luxembourg S.A..

Number of Employees

Number of Employees (2017)
844  (+3.56%)

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.

Number of Employees of Banque de Luxembourg S.A..

Chart 3. Number of Employees of Banque de Luxembourg S.A..

Deposit Guarantee

Deposit Guarantee
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
Covered Currencies  all
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

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.

BIC  BLUXLULL
Bank BIC Code  BLUX
Country Code  LU (Luxembourg)
Location Code  LL
Branch Code  -

MFI ID

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.

MFI ID  LUB00008

European Presence: 2 banks in 2 countries

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:

Belgium

Luxembourg

  •  (this bank) Banque de Luxembourg S.A. (LUXEMBOURG)