LBBW Luxemburg S.A.

LBBW Luxembourg SA was operating in Luxembourg since 1978. LBBW Luxembourg SA was a 100%-owned subsidiary of Landesbank Baden-Württemberg, representing the corporate interests in the international financial center of Luxembourg. Due to the realignment of LBBW Group, the business areas of the bank have been scaled back gradually since of 2010. The private client business was sold to DekaBank Girozentrale Luxembourg SA in 2011. On May 5, 2014 LBBW Luxembourg SA was merged with LBBW Luxembourg Branch.

Business Focus

corporate banking

Financials

Total Assets (2013)
1,883.00 mln EUR  (-32.51%)
Annual Profit (2013)
-65,000,000.00 EUR
Number of Employees (2013)
43  (-30.65%)

In 2013 total assets of LBBW Luxemburg S.A. were 1 883,00 mln EUR. In 2013 the bank's annual profit was -65,00 mln EUR. LBBW Luxemburg S.A. had 43 employees in 2013.

LBBW Luxemburg S.A. participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100,000 EUR per bank per depositor.

LBBW Luxemburg S.A. is a member of Landesbank Baden-Württemberg (Germany).

Contacts

1c, rue Gabriel Lippmann, 5365, Munsbach, Luxembourg

LBBW Luxemburg S.A. was headquartered in Munsbach.

Bank Identifiers

BIC (SWIFT)
MALALULL
MFI ID
LUB00106
Close Date
May 2014