Banking in Luxembourg
3rd August 2011, 2 comments
Banque et Caisse d'Epargne de l'Etat (BCEE)
Establish 150 years ago, the BCEE has a sole shareholder, the Luxembourg State and offers a wide range of products and services adapted to the needs of private individuals, professionals and young people.
BNP Paribas Personal Investors
With a 15 years experience in the management of financial assets, BNP Paribas Personal Investors in Luxembourg offers independent and personalised advice, discretionary portfolio management and top-of-the-range services to an international clientele as well as expatriates.
Crédit Agricole Bank
A wholly owned subsidiary of the Crédit Agricole group, Crédit Agricole Luxembourg has been a member of Luxembourg’s financial community since 1920.
Banque Carnegie Luxembourg S.A.
Carnegie is an independent investment bank with Nordic focus, providing securities broking, investment banking, asset management, and private banking as well as in pension advice to institutions, corporations and private clients.
Banque centrale du Luxembourg (BCL)
The Luxembourg State is the sole shareholder of the Central Bank, whose capital is set at 25 million euros. Its independence, however, is provided for by its founding law and by the Maastricht Treaty.
A private bank specializing in asset management, and in particular private asset management.
Banque Invik is a Luxembourg-based bank comprising Private Banking and Asset Management, as well as Treasury Outsourcing and Corporate Finance to corporate clients.
Banque Privée Edmond de Rothschild Europe
Subsidiary of a Swiss bank in Luxembourg, specialises in wealth management, investment fund administration and custody as well as global asset management (family office).
Private accounts and business accounts.
www.raiffeisen.lu (website French and German)
A subsidiary of BayernLB. Private, corporate and treasury services.
Banque Internationale à Luxembourg
Business activities in the Grand Duchy cover the fields of retail banking, private banking, trading on the financial markets, as well as fund management and fund administration for which it has Group responsibility.
Dresdner Bank Luxembourg
Founded as Compagnie Luxembourgoise de Banque S.A. in 1967, it was the first subsidiary of a German bank to become established in the Grand Duchy.
DZ Bank international
Private banking and investment funding.
Founded in 1920, provides full range of financial services.
The result of a merger in 2003 of Crédit Européen SA and ING Bank (Luxembourg) SA, provides full range of financial services.
Private banking group.
Established 1978, covers a spectrum of products and services for private and corporate customers.
Nomura Bank (Luxembourg)
A fully licensed banking entity promoting depositary bank clearing and custody services as well as general funds administration services within the Nomura Group.
Founded in the mid 1970s, private banking, merchant banking, asset management and third party fund business.
Established in Luxembourg in 1972 as an independent subsidiary of WestLB AG, Düsseldorf/ Münster, retail banking in the fields of securities trading and asset management.
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2 comments on this article Add a comment
5th December 2012, 16:17:45 roger rheinhardt posted:Be careful with some of the smaller banks like ING Bank. They struggle to survive and their service to date that we know of has been nothing short of poor. GO for a lux stalwart like BCEE or a big international name as the others are commercial disasters waiting to happen.
21st October 2014, 18:38:24 NevCal posted:
I am an EU citizen but I travel frequently to Luxembourg. I have always toyed with the idea of investing in funds here in Luxembourg rather than back home. I would love to know more if it's possible and if it is, how can one go about it.
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