Created by Anna Mileiko 
HCOB Securities S.A. (formerly HSH Nordbank Securities S.A.) was the central service provider of the Hamburg Commercial Bank in Luxembourg, responsible for the professional management of the Group’s local business activities. HCOB Securities S.A. was focused on providing loan services, securities services and capital markets services. In November 2021, HCOB Securities S.A. was closed down.
In 2019, HCOB Securities S.A. achieved the position of 58th largest bank in Luxembourg with a market share of 0.08%; its total assets dropped by 4.43%.
Deposits up to 100,000 EUR are covered by Luxembourg deposit guarantee scheme in HCOB Securities S.A.
branch
online banking
HCOB Securities S.A. ranked as the 58th largest bank in Luxembourg by total assets. In 2019 its total assets were 727.93 mln EUR, representing a 0.08% market share. In 2019 the bank's annual profit was 6.59 mln EUR. As of 2019, the bank employed 38 people.
Fonds de garantie des dépôts Luxembourg (FGDL)HCOB Securities 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.
7, Rue Lou Hemmer, L-2180, LUXEMBOURG, Luxembourg
612
+352 42 41 41 1
+352 42 70 40
https://www.hcob-securities.com/HCOB Securities S.A. was headquartered in LUXEMBOURG.
HCOB Securities S.A. provides products and services in the areas of securities services, loan services, capital markets. HCOB Securities S.A. offers a range of products including real estate financing, commercial financing.
branch online bankingProducts and services offered by HCOB Securities S.A. are available at its branches and via its online banking system.
In 2019 total assets of HCOB Securities S.A. were 727.93 mln EUR. Decline compared to the previous period (2018) was -4.43%. The evolution of the total assets of HCOB Securities S.A. is shown at Chart 1 below.
Chart 1. Total Assets of HCOB Securities S.A..
Recent changes in gross profit of HCOB Securities S.A. and its main components are shown in Table 1.
| 2018 | 2019 | change (%) | |
|---|---|---|---|
| Net Interest Income | 6.8 | 1.3 | -81.15% |
| Net Commission Income | 3.5 | 3.3 | -4.06% |
Table 1. Recent changes in gross profit of HCOB Securities S.A. (mln EUR).
In 2019 annual profit of HCOB Securities S.A. was 6.59 mln EUR. The evolution of the annual profit of HCOB Securities S.A. is shown at Chart 2 below.
Chart 2. Annual Profit of HCOB Securities S.A..
In 2019 there were 38 employees of HCOB Securities S.A.. Decline compared to the previous period (2018) was -11.63%. The evolution of the number of employees of HCOB Securities S.A. is shown at Chart 3 below.
Chart 3. Number of Employees of HCOB Securities S.A..
In 2019 HCOB Securities S.A. was ranked the 58th largest bank in Luxembourgin terms of total assets, having 0.08% of the domestic market share.
Chart 4. Market share of HCOB Securities S.A. (among banks in Luxembourg)
Historical changes in HCOB Securities S.A.'s domestic rank and market share over 2015-2019 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2019 | 58 | 0.08 % |
| 2018 | 58 | 0.09 % |
| 2017 | 59 | 0.09 % |
| 2016 | 48 | 0.11 % |
| 2015 | 58 | 0.11 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to HCOB Securities S.A. listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 57 |  | 0.08% | 802.52 mln EUR (-4.40%) |
| 58 | | 0.08% | 727.93 mln EUR (-4.43%) |
| 59 |  | 0.08% | 676.82 mln EUR (+0.89%) |
Discover key identifiers of HCOB Securities S.A. including its BIC, LEI, company number, MFI ID.
BIC: HSHNLULL
The BIC (also known as SWIFT code) for HCOB Securities S.A. is HSHNLULL. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | HSHNLULL |
| Bank BIC Code | HSHN |
| Country Code | LU (Luxembourg) |
| Location Code | LL |
| Branch Code | - |
LEI: 529900CW8Y4GIOWXMC58
HCOB Securities S.A.’s LEI is 529900CW8Y4GIOWXMC58. 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 | 529900CW8Y4GIOWXMC58 |
| LOU Identifier | 5299 |
| Reserved | 00 |
| Entity Identifier | CW8Y4GIOWXMC |
| Verification ID | 58 |
Company Registration Number: B14784
HCOB Securities S.A. is registered in Luxembourg under company number B14784. 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 | B14784 |
MFI ID: LUB00097
HCOB Securities S.A.’s MFI ID, LUB00097, 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 | LUB00097 |
| Country Code | LU |
| MFI Code | B00097 |
TheBanks.eu identified several banks similar to HCOB Securities S.A. based on various criteria, including:
