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.
BGL BNP Paribas is the 2nd largest bank in Luxembourg in terms of total assets. In 2018 its total assets were 42 930,99 mln EUR. In 2018 the bank's annual profit was 209,18 mln EUR. BGL BNP Paribas had 2 375 employees in 2018.
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 A1 (upper medium 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.