Created by Anna Mileiko 
Quintet Private Bank was incorporated in Luxembourg in 1949 as Kredietbank Luxembourg. Quintet Private Bank is a pan-European private banking group focused on meeting the needs of individuals and institutions. In particular, Quintet Private Bank offers portfolio management, asset management, financial and estate planning, financing,investment funds, global markets and global custody services.
QUINTET PRIVATE BANK (EUROPE) operates as a branch of Quintet Private Bank (Europe) S.A (Luxembourg).
In 2023, QUINTET PRIVATE BANK (EUROPE) achieved the position of 34th largest bank in Belgium with a market share of 0.09%; its total assets dropped by 22.98%.
Additionally, the bank became the 12th bank in relation to its loans-to-deposits (L/D) showcasing 111.81% L/D ratio in 2023.
Deposits up to 100,000 EUR are covered by Luxembourg deposit guarantee scheme in QUINTET PRIVATE BANK (EUROPE).
QUINTET PRIVATE BANK (EUROPE) ranks as the 34th largest bank in Belgium by total assets. In 2023 its total assets were 1,184.22 mln EUR, representing a 0.09% market share.
Fonds de garantie des dépôts Luxembourg (FGDL)QUINTET PRIVATE BANK (EUROPE) protects deposits up to up to 100,000 EUR per depositor through Luxembourg's deposit guarantee scheme. The scheme applies to all cash deposits made by natural persons (Luxembourg and foreign), SMEs, companies. The bank participates in the Fonds de garantie des dépôts Luxembourg (FGDL), making regular contributions into it.
Vorstlaan, 25, 1170, Watermaal-Bosvoorde, Belgium
14QUINTET PRIVATE BANK (EUROPE) is located in Watermaal-Bosvoorde.
QUINTET PRIVATE BANK (EUROPE) provides products and services in the areas of asset management, portfolio management, financial advisory, estate planning, investment funds, global markets, global custody. QUINTET PRIVATE BANK (EUROPE) makes its solutions available to private individuals, institutions.
In 2023 total assets of QUINTET PRIVATE BANK (EUROPE) were 1,184.22 mln EUR. Decline compared to the previous period (2022) was -22.98%. The evolution of the total assets of QUINTET PRIVATE BANK (EUROPE) is shown at Chart 1 below.
Chart 1. Total Assets of QUINTET PRIVATE BANK (EUROPE).
Recent changes in total assets of QUINTET PRIVATE BANK (EUROPE) and its main components are shown in Table 1.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Loans to banks | 699.9 | 413.2 | -40.96% |
| Loans to customers | 786.8 | 721.7 | -8.27% |
| Total Assets | 1,537.6 | 1,184.2 | -22.98% |
Table 1. Recent changes in total assets of QUINTET PRIVATE BANK (EUROPE) (mln EUR).
Recent changes in total liabilities of QUINTET PRIVATE BANK (EUROPE) and its main components are shown in Table 2.
| 2022 | 2023 | change (%) | |
|---|---|---|---|
| Bank deposits | 0.3 | 0.5 | +53.85% |
| Customer deposits | 1,378.9 | 1,014.5 | -26.43% |
| Total Liabilities | 1,537.6 | 1,184.2 | -22.98% |
Table 2. Recent changes in total liabilities of QUINTET PRIVATE BANK (EUROPE) (mln EUR).
In 2023 QUINTET PRIVATE BANK (EUROPE) was ranked the 34th largest bank in Belgiumin terms of total assets, having 0.09% of the domestic market share.
Chart 2. Market share of QUINTET PRIVATE BANK (EUROPE) (among banks in Belgium)
Historical changes in QUINTET PRIVATE BANK (EUROPE)'s domestic rank and market share over 2020-2023 are shown below:
| Year | Rank | Market % |
|---|---|---|
| 2023 | 34 | 0.09 % |
| 2022 | 27 | 0.12 % |
| 2021 | 27 | 0.13 % |
| 2020 | 28 | 0.14 % |
TheBanks.eu identified several banks banks having the market shares and ranks closest to QUINTET PRIVATE BANK (EUROPE) listed below.
| Rank | Name | Market % | Total Assets |
|---|---|---|---|
| 33 |  | 0.09% | 1,198.64 mln EUR (+17.13%) |
| 34 | | 0.09% | 1,184.22 mln EUR (-22.98%) |
| 35 |  | 0.08% | 1,075.51 mln EUR (+2.13%) |
Discover key identifiers of QUINTET PRIVATE BANK (EUROPE) including its BIC, MFI ID.
BIC: PUILBEBB
The BIC (also known as SWIFT code) for QUINTET PRIVATE BANK (EUROPE) is PUILBEBB. It is used in financial transactions like cross-border and SEPA payments, and helps identify the bank in global banking systems.
| Key | Value |
|---|---|
| BIC | PUILBEBB |
| Bank BIC Code | PUIL |
| Country Code | BE (Belgium) |
| Location Code | BB |
| Branch Code | - |
MFI ID: BE0755503702
QUINTET PRIVATE BANK (EUROPE)’s MFI ID, BE0755503702, is assigned by the European Central Bank to identify the institution within the EU's financial system. The first two digits represent Belgium (BE), followed by the institutions's internal ID.
| Key | Value |
|---|---|
| MFI ID | BE0755503702 |
| Country Code | BE |
| MFI Code | 0755503702 |
TheBanks.eu identified several banks similar to QUINTET PRIVATE BANK (EUROPE) based on various criteria, including:
