Société Nationale de Crédit et d'Investissement

Established in 1978, Société Nationale de Crédit et d'Investissement (SNCI) is a state-owned credit institution, specializing in medium and long term financing of Luxembourg based companies.

Financials

Total Assets (2017)
1 443.00 mln EUR  (+5.33%)
Annual Profit (2017)
28.00 mln EUR  (+55.56%)
Number of Employees (2017)
13  (-7.14%)

In 2017 total assets of Société Nationale de Crédit et d'Investissement were 1 443,00 mln EUR. In 2017 the bank's annual profit was 28,00 mln EUR. Société Nationale de Crédit et d'Investissement had 13 employees in 2017.

Société Nationale de Crédit et d'Investissement participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

7, rue du Saint Esprit, L-1475, LUXEMBOURG, Luxembourg
1207

Société Nationale de Crédit et d'Investissement is headquartered in LUXEMBOURG.

Bank Identifiers

BIC (SWIFT)
SNCILUL1
MFI ID
LUB00104

Financial Positions

Total Assets (2017)
1 443.00 mln EUR  (+5.33%)

In 2017 total assets of Société Nationale de Crédit et d'Investissement were 1 443.00 mln EUR. Growth compared to the previous period (2015) was 5.33%. The evolution of the total assets of Société Nationale de Crédit et d'Investissement is shown at Chart 1 below.

Total Assets of Société Nationale de Crédit et d'Investissement.

Chart 1. Total Assets of Société Nationale de Crédit et d'Investissement.

Profit and Loss

Annual Profit (2017)
28.00 mln EUR  (+55.56%)

Recent changes in gross profit of Société Nationale de Crédit et d'Investissement and its main components are shown in Table 1.

2015 2017 % change
Net Interest Income 3.0 1.0 -66.67%
Net Commission Income 0.0 0.0
Table 1. Recent changes in gross profit of Société Nationale de Crédit et d'Investissement (mln EUR).

In 2017 annual profit of Société Nationale de Crédit et d'Investissement was 28.00 mln EUR. Growth compared to the previous period (2015) was 55.56%. The evolution of the annual profit of Société Nationale de Crédit et d'Investissement is shown at Chart 2 below.

Annual Profit of Société Nationale de Crédit et d'Investissement.

Chart 2. Annual Profit of Société Nationale de Crédit et d'Investissement.

Number of Employees

Number of Employees (2017)
13  (-7.14%)

In 2017 there were 13 employees of Société Nationale de Crédit et d'Investissement. Decline compared to the previous period (2015) was -7.14%. The evolution of the number of employees of Société Nationale de Crédit et d'Investissement is shown at Chart 3 below.

Number of Employees of Société Nationale de Crédit et d'Investissement.

Chart 3. Number of Employees of Société Nationale de Crédit et d'Investissement.

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 Société Nationale de Crédit et d'Investissement 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 Société Nationale de Crédit et d'Investissement and its components are shown in the table below.

BIC  SNCILUL1
Bank BIC Code  SNCI
Country Code  LU (Luxembourg)
Location Code  L1
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 Société Nationale de Crédit et d'Investissement is shown in the table below.

MFI ID  LUB00104