NORD/LB Luxembourg S.A. Covered Bond Bank (formerly Norddeutsche Landesbank Luxembourg S.A.)

After the merger of NORD/LB Luxembourg with its subsidiary company NORD/LB Covered Finance Bank on May 31, 2015, the merged bank operates under the name of NORD/LB Luxembourg Covered Bond Bank.

Business Focus

mortgage covered bonds

Financials

Total Assets (2017)
15,361.00 mln EUR  (-3.61%)
Annual Profit (2017)
29.00 mln EUR  (-6.45%)
Number of Employees (2017)
189  (+1.07%)

In 2017 total assets of NORD/LB Luxembourg S.A. Covered Bond Bank were 15 361,00 mln EUR. In 2017 the bank's annual profit was 29,00 mln EUR. NORD/LB Luxembourg S.A. Covered Bond Bank had 189 employees in 2017.

NORD/LB Luxembourg S.A. Covered Bond Bank is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Baa2 (lower medium grade).

NORD/LB Luxembourg S.A. Covered Bond Bank participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100,000 EUR per bank per depositor.

NORD/LB Luxembourg S.A. Covered Bond Bank is a member of Norddeutsche Landesbank (Germany).

Contacts

7, rue Lou Hemmer, 1748, FINDEL, Luxembourg
121
+352 45 22 11 1
+352 45 22 11 319

NORD/LB Luxembourg S.A. Covered Bond Bank is headquartered in FINDEL.

Bank Identifiers

BIC (SWIFT)
NOLALULL
LEI
CAF7KSNT1N0CTA93RI98
MFI ID
LUB00051
Start Date
September 1972