Advanzia Bank S.A.

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.

Services

Retail Banking

Products

Financials

Total Assets (2017)
1 729.00 mln EUR  (+40.11%)
Annual Profit (2017)
47.00 mln EUR  (+17.50%)
Number of Employees (2017)
140  (+16.67%)

In 2017 total assets of Advanzia Bank S.A. were 1 729,00 mln EUR. In 2017 the bank's annual profit was 47,00 mln EUR. Advanzia Bank S.A. had 140 employees in 2017.

Advanzia Bank S.A. participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Parc d'activité Syrdall 2 9, rue Gabriel Lippmann, 5365, MUNSBACH, Luxembourg
+352 26 38 75 675
+352 26 38 75 699

Advanzia Bank S.A. is headquartered in MUNSBACH.

Bank Identifiers

BIC (SWIFT)
ADVZLULL
MFI ID
LUB00344
Company Number
B109476
Start Date
July 2005

Business Summary

Services
retail banking
Eligible Clients
natural persons
Products
credit cards
deposit accounts
savings accounts (0.50 - 1.00 %)

Advanzia Bank S.A. provides services in the area of retail banking. The range of products offered by Advanzia Bank S.A. includes credit cards, deposit accounts, savings accounts (0.50 - 1.00 %). Advanzia Bank S.A. makes its solutions available to natural persons.

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Savings accounts made with Advanzia Bank S.A. are covered by deposit guarantee scheme of Luxembourg up to 100 000 EUR per depositor. Advanzia Bank S.A. offers the following savings accounts.

Updated on 17 December 2018

Advanziakonto
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
1.00 %
Deposit Term (months)
1 - 3
Savings Account Details
Product Name
Advanziakonto
Account Currency
EUR
Interest Rate (p.a.)
1.00 %
Deposit Term (months)
1 - 3
Investment Amount
5000 - 999999 EUR
Interest Frequency
12 times a year
Advanziakonto
Sales Region
Germany
Account Currency
EUR
Interest Rate (p.a.)
0.50 %
Deposit Term (months)
1 - 99
Savings Account Details
Product Name
Advanziakonto
Account Currency
EUR
Interest Rate (p.a.)
0.50 %
Deposit Term (months)
1 - 99
Investment Amount
5000 - 999999 EUR
Interest Frequency
12 times a year

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

Credit Cards

Credit cards provide a convenient option to borrow funds for short-term financing, for examples purchasing of goods and services. Credit cards differ by credit card provider (Visa, American Express, MasterCard), credit card type (silver, gold, platinum), charged interest and annual costs. The following credit cards are offered by Advanzia Bank S.A..

Updated on 17 December 2018

Gebührenfrei Mastercard GOLD
Sales Region
Germany
Card Currency
EUR
Card Provider
MasterCard
Card Type
Gold
Annual Costs (EUR)
0
Credit Card Details
Product Name
Gebührenfrei Mastercard GOLD
Card Provider
MasterCard
Card Type
Gold
Card Currency
EUR
Transaction Cost (EUR)
0.00 %
Transaction Cost (non-EUR)
0.00 %
Current Account Necessary
Bonus Program
fluege.de Mastercard GOLD
Sales Region
Germany
Card Currency
EUR
Card Provider
MasterCard
Card Type
Gold
Annual Costs (EUR)
0
Credit Card Details
Product Name
fluege.de Mastercard GOLD
Card Provider
MasterCard
Card Type
Gold
Card Currency
EUR
Transaction Cost (EUR)
0.00 %
Transaction Cost (non-EUR)
0.00 %
Current Account Necessary
Bonus Program
payVIP Mastercard GOLD
Sales Region
Germany
Card Currency
EUR
Card Provider
MasterCard
Card Type
Gold
Annual Costs (EUR)
0
Credit Card Details
Product Name
payVIP Mastercard GOLD
Card Provider
MasterCard
Card Type
Gold
Card Currency
EUR
Transaction Cost (EUR)
0.00 %
Transaction Cost (non-EUR)
0.00 %
Current Account Necessary
Bonus Program

Germany: This product is offered to German residents only. When clicking on the product link you will be redirected to the product page in German.

See Also

Financial Positions

Total Assets (2017)
1 729.00 mln EUR  (+40.11%)

In 2017 total assets of Advanzia Bank S.A. were 1 729.00 mln EUR. Growth compared to the previous period (2016) was 40.11%. The evolution of the total assets of Advanzia Bank S.A. is shown at Chart 1 below.

Total Assets of Advanzia Bank S.A..

Chart 1. Total Assets of Advanzia Bank S.A..

Profit and Loss

Annual Profit (2017)
47.00 mln EUR  (+17.50%)

Recent changes in gross profit of Advanzia Bank S.A. and its main components are shown in Table 1.

2016 2017 % change
Net Interest Income 133.0 163.0 +22.56%
Net Commission Income 5.0 6.0 +20.00%
Table 1. Recent changes in gross profit of Advanzia Bank S.A. (mln EUR).

In 2017 annual profit of Advanzia Bank S.A. was 47.00 mln EUR. Growth compared to the previous period (2016) was 17.50%. The evolution of the annual profit of Advanzia Bank S.A. is shown at Chart 2 below.

Annual Profit of Advanzia Bank S.A..

Chart 2. Annual Profit of Advanzia Bank S.A..

Number of Employees

Number of Employees (2017)
140  (+16.67%)

In 2017 there were 140 employees of Advanzia Bank S.A.. Growth compared to the previous period (2016) was 16.67%. The evolution of the number of employees of Advanzia Bank S.A. is shown at Chart 3 below.

Number of Employees of Advanzia Bank S.A..

Chart 3. Number of Employees of Advanzia Bank 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 Advanzia Bank 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 Advanzia Bank S.A. and its components are shown in the table below.

BIC  ADVZLULL
Bank BIC Code  ADVZ
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 Advanzia Bank S.A. is shown in the table below.

MFI ID  LUB00344

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  B109476