BGL BNP Paribas

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Business Focus

universal banking

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.

Services

retail banking
private banking
corporate banking
investment banking

Clients

natural persons
SMEs
companies
public sector

Area Served

LULuxembourg

Products

current accounts
savings accounts
credit cards
consumer loans
car loans
mortgage loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of BGL BNP Paribas can be done in a few steps:

1.
Submit online application
2.
Upload documents

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.

Ways to Bank

BGL BNP Paribas delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Financials

Total Assets of BGL BNP Paribas
Annual_profit of BGL BNP Paribas
Total Assets (2019)
45,547.40 mln EUR  (+6.09%)
Annual Profit (2019)
148.60 mln EUR  (-28.96%)
Number of Employees (2019)
2,375 

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.

Credit Ratings

Fitch: A+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Aa2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

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).

Deposit Guarantee

Guarantee Fund
Fonds de garantie des dépôts Luxembourg (FGDL)Fonds de garantie des dépôts Luxembourg (FGDL)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Luxembourg and foreign)
SMEs, companies
Covered Accounts
all cash deposits

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.

Member of Group

 BNP Paribas (France)

Contacts

50, Avenue J.F. Kennedy, 1855, LUXEMBOURG, Luxembourg
+352 42 42 1
+352 42 42 3312

BGL BNP Paribas is headquartered in LUXEMBOURG.

Social Networks

BGL BNP Paribas has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
BGLLLULL
LEI
UAIAINAJ28P30E5GWE37
MFI ID
LUB00003

Bank History

Start Date
January 1919

See Also

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