LBBW Luxemburg S.A.

Business Focus
corporate banking

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.

Financials

Total Assets of LBBW Luxemburg S.A.
Annual_profit of LBBW Luxemburg S.A.
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%)

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

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fonds de garantie des dépôts Luxembourg (FGDL)
Covered Depositors
natural persons (Luxembourg and foreign)
SMEs, companies
Covered Accounts
all cash deposits

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

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

Bank History

Close Date
May 2014

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Banking Products in Luxembourg