Banque Générale du Luxembourg (BGL) was founded in 1919 as a regional bank. Since 2009, BGL bank is a member of BNP Paribas group and offers products and services in the areas of retail banking, wealth management, corporate and investment banking to individuals and professionals, business entities and institutional investors.
Becoming a client of BGL BNP Paribas can be done in a few steps:
Due to regulatory requirements BGL BNP Paribas performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual BGL BNP Paribas will ask him/her to provide the following documents: passport; proof of address. For corporate clients BGL BNP Paribas will ask to provide corporate documentation as well as information about controlling persons. BGL BNP Paribas may request additional documentation or information depending on the case.
BGL BNP Paribas is the 3rd largest bank in Luxembourg in terms of total assets. In 2019 its total assets were 45 547,40 mln EUR. In 2019 the bank's annual profit was 148,60 mln EUR. BGL BNP Paribas had 2 375 employees in 2019.
BGL BNP Paribas is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade).
BGL BNP Paribas participates in the deposit guarantee scheme of Luxembourg. This deposit guarantee scheme applies to all cash deposits made by natural persons (Luxembourg and foreign), SMEs, companies and covers up to up to 100,000 EUR per bank per depositor. BGL BNP Paribas is a member of Fonds de garantie des dépôts Luxembourg (FGDL) and makes its contributions into it.
BGL BNP Paribas is headquartered in LUXEMBOURG.
BGL BNP Paribas has profiles at the following social networks: