Incorporated in 2005, Advanzia Bank is a small Luxembourg-based bank, adhering to the classical banking model: the bank provides only two products to natural persons: credit card loans and deposit accounts.
Having a Luxembourg banking licence and taking advantage of European banking legislation, Advanzia Bank offers its products and services across borders within the EU/EEA. The credit cards are offered to individuals in Germany, France and Luxembourg, whereas the deposit accounts are available to individuals in other European countries as well.
Advanzia Bank S.A. is the 42nd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 1 969,65 mln EUR. In 2018 the bank's annual profit was 59,07 mln EUR. Advanzia Bank S.A. had 160 employees in 2018.
Advanzia Bank S.A. participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Advanzia Bank S.A. is headquartered in MUNSBACH.