Created by Anna Mileiko 
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.
In 2013, LBBW Luxemburg S.A. achieved the position of 54th largest bank in Luxembourg with a market share of 0.26%; its total assets dropped by 32.51%.
Deposits up to 100,000 EUR are covered by Luxembourg deposit guarantee scheme in LBBW Luxemburg S.A.
LBBW Luxemburg S.A. was the 54th largest bank in Luxembourg in terms of total assets. In 2013 its total assets were 1 883,00 mln EUR, providing the bank with the market share of 0.26%. In 2013 the bank's annual profit was -65,00 mln EUR. LBBW Luxemburg S.A. had 43 employees in 2013.
Fonds de garantie des dépôts Luxembourg (FGDL)LBBW Luxemburg S.A. participates in the deposit guarantee scheme of Luxembourg which 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. LBBW Luxemburg S.A. is a member of Fonds de garantie des dépôts Luxembourg (FGDL) and makes its contributions into it.
Landesbank Baden-Württemberg (Germany)LBBW Luxemburg S.A. is a member of Landesbank Baden-Württemberg (Germany).
1c, rue Gabriel Lippmann, 5365, Munsbach, LuxembourgLBBW Luxemburg S.A. was headquartered in Munsbach.
