ING Luxembourg

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Business Focus

universal banking

Tracing its roots back to 1960, ING Luxembourg was actually established in 2003 as the result of the merger of two banks which were part of the ING Group in Luxembourg: Crédit Européen SA and ING Bank (Luxembourg) SA. ING Luxembourg provides a broad range of retail, private banking and corporate banking products and services to individuals and companies residing in Luxembourg.

Services

retail banking
private banking
business banking

Clients

natural persons
companies
financial institutions

Area Served

LULuxembourg

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
investment funds
consumer loans
mortgage loans
credit lines
home savings schemes
real estate financing
leasing and factoring

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of ING Luxembourg can be done in a few steps:

1.
Submit online application

Due to regulatory requirements ING Luxembourg performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual ING Luxembourg will ask him/her to provide the following documents: passport; proof of address. For corporate clients ING Luxembourg will ask to provide corporate documentation as well as information about controlling persons. ING Luxembourg may request additional documentation or information depending on the case.

Ways to Bank

ING Luxembourg delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Financials

Total Assets of ING Luxembourg
Annual_profit of ING Luxembourg
Total Assets (2019)
17,954.29 mln EUR  (-2.16%)
Annual Profit (2019)
101.35 mln EUR  (-30.80%)
Number of Employees (2019)
875  (+5.17%)

ING Luxembourg is the 9th largest bank in Luxembourg in terms of total assets. In 2019 its total assets were 17 954,29 mln EUR. In 2019 the bank's annual profit was 101,35 mln EUR. ING Luxembourg had 875 employees in 2019.

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

ING Luxembourg 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. ING Luxembourg is a member of Fonds de garantie des dépôts Luxembourg (FGDL) and makes its contributions into it.

ING Luxembourg is a member of ING Group (Netherlands).

Contacts

26, Place de la Gare, 1616, LUXEMBOURG, Luxembourg
+352 44 99 1
+352 44 99 2310

ING Luxembourg is headquartered in LUXEMBOURG.

Bank Identifiers

BIC (SWIFT)
CELLLULL
LEI
549300BT51N3KAXDPP56
MFI ID
LUB00014

Bank History

Start Date
September 1960

See Also

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