Created by Anna Mileiko 
In 2015 Bank Degroof and Petercam were merged to form a new bank that is now operating under the commercial brand name “Bank Degroof Petercam”. Bank Degroof Patercam provides private banking, asset management and investment banking products and services.
In 2023, Banque Degroof Petercam Luxembourg S.A. achieved the position of 38th largest bank in Luxembourg with a market share of 0.28%; its total assets dropped by 18.86%.
Additionally, the bank became the 61st profitable bank in relation to its total assets showcasing -0.14% return on assets and -1.52% return on equity in 2023.
Deposits up to 100,000 EUR are covered by Luxembourg deposit guarantee scheme in Banque Degroof Petercam Luxembourg S.A.
Banque Degroof Petercam Luxembourg S.A. ranks as the 38th largest bank in Luxembourg by total assets. In 2023 its total assets were 2,715.20 mln EUR, representing a 0.28% market share. In 2023 the bank's annual profit was -4.21 mln EUR. As of 2023, the bank employed 299 people.
Fonds de garantie des dépôts Luxembourg (FGDL)Banque Degroof Petercam Luxembourg S.A. protects deposits up to up to 100,000 EUR per depositor through Luxembourg's deposit guarantee scheme. The scheme applies to all cash deposits made by natural persons (Luxembourg and foreign), SMEs, companies. The bank participates in the Fonds de garantie des dépôts Luxembourg (FGDL), making regular contributions into it.
12, rue Eugène Ruppert, 2453, LUXEMBOURG, Luxembourg
902
+352 45 35 45 1
+352 25 07 21Banque Degroof Petercam Luxembourg S.A. is headquartered in LUXEMBOURG.
Banque Degroof Petercam Luxembourg S.A. provides products and services in the areas of private banking, private asset management, estate planning, wealth structuring, institutional asset management, investment banking, asset services, financial advisory. Banque Degroof Petercam Luxembourg S.A. offers a range of products including mergers and acquisitions, capital markets, financial markets. Banque Degroof Petercam Luxembourg S.A. makes its solutions available to high-net worth individuals, corporate and public pension funds, insurance companies, not-for profit organizations, private banks, fund managers.
In 2023 total assets of Banque Degroof Petercam Luxembourg S.A. were 2,715.20 mln EUR. Decline compared to the previous period (2022) was -18.86%. The evolution of the total assets of Banque Degroof Petercam Luxembourg S.A. is shown at Chart 1 below.
Chart 1. Total Assets of Banque Degroof Petercam Luxembourg S.A..
Recent changes in gross profit of Banque Degroof Petercam Luxembourg S.A. and its main components are shown in Table 1.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Net Interest Income | 15.7 | 23.7 | +51.18% |
| Net Commission Income | 47.7 | 44.3 | -7.10% |
Table 1. Recent changes in gross profit of Banque Degroof Petercam Luxembourg S.A. (mln EUR).
In 2023 annual profit of Banque Degroof Petercam Luxembourg S.A. was -4,210,000.00 EUR. Decline compared to the previous period (2022) was -111.19%. The evolution of the annual profit of Banque Degroof Petercam Luxembourg S.A. is shown at Chart 2 below.
Chart 2. Annual Profit of Banque Degroof Petercam Luxembourg S.A..
In 2023 there were 299 employees of Banque Degroof Petercam Luxembourg S.A.. Growth compared to the previous period (2022) was 6.79%. The evolution of the number of employees of Banque Degroof Petercam Luxembourg S.A. is shown at Chart 3 below.
Chart 3. Number of Employees of Banque Degroof Petercam Luxembourg S.A..
In 2023 Banque Degroof Petercam Luxembourg S.A. was ranked the 38th largest bank in Luxembourgin terms of total assets, having 0.28% of the domestic market share.
Chart 4. Market share of Banque Degroof Petercam Luxembourg S.A. (among banks in Luxembourg)
Historical changes in Banque Degroof Petercam Luxembourg S.A.'s domestic rank and market share over 2019-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 38 | 0.28 % |
| 2022 | 34 | 0.35 % |
| 2021 | 29 | 0.37 % |
| 2020 | 31 | 0.35 % |
| 2019 | 34 | 0.30 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to Banque Degroof Petercam Luxembourg S.A. listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 37 |  | 0.29% | 2,802.68 mln EUR (-7.77%) |
| 38 | | 0.28% | 2,715.20 mln EUR (-18.86%) |
| 39 |  | 0.28% | 2,715.04 mln EUR (+47.49%) |
Discover key identifiers of Banque Degroof Petercam Luxembourg S.A. including its BIC, LEI, company number, MFI ID.
BIC: DEGRLULL
The BIC (also known as SWIFT code) for Banque Degroof Petercam Luxembourg S.A. is DEGRLULL. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | DEGRLULL |
| Bank BIC Code | DEGR |
| Country Code | LU (Luxembourg) |
| Location Code | LL |
| Branch Code | - |
LEI: NCKZJ8T1GQ25CDCFSD44
Banque Degroof Petercam Luxembourg S.A.’s LEI is NCKZJ8T1GQ25CDCFSD44. This code is critical for verifying the institutions’s legal identity in financial markets and is used for regulatory reporting and risk management.
| Key | Value |
|---|---|
| LEI | NCKZJ8T1GQ25CDCFSD44 |
| LOU Identifier | NCKZ |
| Reserved | J8 |
| Entity Identifier | T1GQ25CDCFSD |
| Verification ID | 44 |
Company Registration Number: B25459
Banque Degroof Petercam Luxembourg S.A. is registered in Luxembourg under company number B25459. Company Registration Number is a distinctive code issued upon registration of a new company. Company number can be used to find data about the company in a national company register.
| Key | Value |
|---|---|
| Company Number | B25459 |
MFI ID: LUB00155
Banque Degroof Petercam Luxembourg S.A.’s MFI ID, LUB00155, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Luxembourg (LU), followed by the institutions's internal ID.
| Key | Value |
|---|---|
| MFI ID | LUB00155 |
| Country Code | LU |
| MFI Code | B00155 |
TheBanks.eu identified several banks similar to Banque Degroof Petercam Luxembourg S.A. based on various criteria, including:
