|Central Bank||Banque de Luxembourg||Banque LBLux||UBS Luxembourg|
Luxembourg is one the world’s largest financial centers. It is a worldwide leader in the investment fund industry with assets under management (AUM) of EUR 3.6 trillion. It is also the largest international private banking centre and the largest captive reinsurance centre in Europe. There are approximately 4,000 funds registered in Luxembourg. As of March 2016, the number of banks in Luxembourg was 144, of which over 120 banks are subsidiaries and branches of foreign banks. Collectively, the banks hold assets of approximately EUR 760 billion.
Advanzia Bank – An independent bank, with a limited number of private investors. It was established on July 19, 2005 and today it is the largest Luxembourgish issuer of credit cards with its "Gebührenfrei MasterCard Gold". As of June 30, 2016, Advanzia had total assets of EUR 976.1 million and credit card loan balance of EUR 842 million.
Banque Carnegie Luxembourg – An exclusive private bank with a low risk profile focused on international asset management. It operates as a subsidiary of Carnegie Investment Bank.
Banque Delen Luxembourg (Delen Private Bank Luxembourg) – A specialist in asset management, and in particular private asset management. It operates as a subsidiary Delen Private Bank (Belgium). It was recently awarded the designation of Best Private Bank in Luxembourg by World Finance magazine. In 2015, Delen acquired Oyens & Van Eeghen N.V., asset manager and one of the oldest banks in the Netherlands.
Banque de Luxembourg – Founded in 1920, it is one of the most important financial organizations in Luxembourg. Shareholders: CIC EST (72.37%) and Banque Fédérative du Crédit Mutuel (27.63%).
Banque et Caisse d'Épargne de l'État (BCEE) – A Luxembourgish bank owned by the Luxembourgish government. BCEE provides retail and private banking services.
Banque Invik S.A. – A Luxembourg Bank with Scandinavian roots. It was founded by the Swedish entrepreneur Jan Hugo Stenbeck in 1989.
Banque LBLux S.A. – A subsidiary of German-based Bayerische Landesbank, München. It provides corporate banking, private banking, wealth management and treasury & securities services. The bank was established on June 7, 1973.
Banque Privée Edmond de Rothschild Europe – The largest Swiss bank in the Luxembourg. It specialises in wealth management, investment fund administration and custody as well as global asset management. The company was established in 1969 and operates as a subsidiary of Banque Privee Edmond de Rothschild S.A.
Banque Raiffeisen – A bank based in in Merl, Luxembourg.
BGL BNP Paribas – A Luxembourg bank founded in 1919. Since 2009, it has been a member of the BNP Paribas group. BGL BNP Paribas is the second-largest bank for individual customers in Luxembourg.
Central Bank of Luxembourg (Banque centrale du Luxembourg (BCL)) was established on April 22, 1998. The State of Luxembourg is the sole shareholder of the BCL's capital for an amount of 175 million euro. It is part of the European System of Central Banks.
Commerzbank International S.A. – A 100% subsidiary of Commerzbank AG Germany. Its main private banking activities range from relationship services to portfolio management solutions. Commerzbank International S.A. is a major international gold bullion dealer and member of the London Bullion Market Association. The company was established in 1969 and is based in Luxembourg.
Credem International (Lux) S.A. – A subsidiary of Credito Emiliano SpA, Reggio Emilia, Italy. The company provides private and business banking services. Credem International (Lux) was established on December 20, 1973 and is located in Luxembourg.
Crédit Agricole Luxembourg – A private banking subsidiary of Crédit Agricole S.A. The company offers a wide spectrum of wealth management services including personal wealth management engineering and asset management.
Dexia Banque Internationale à Luxembourg S.A. – The Bank was established in 1856 and operates as a subsidiary of Dexia S.A., Brussels. In December 2011, Dexia S.A. announced that Precision Capital, a Qatar-based investment group, agreed to acquire a 90% stake in Dexia Banque Internationale à Luxembourg.
DZ Privatbank S.A. – One of the largest German banks based in the financial centre Luxembourg. Shareholders are DZ Bank AG (70.33 %), WGZ Bank AG (18.72%) and Cooperative banks (10.95%). DZ Privatbank S.A. was established in 1977.
Fortuna Banque was established in 1915 and is headquartered in Luxembourg. As of December 31, 2014, it had total assets of EUR 233.271 million and customer loans of EUR 148.186 million.
Société Nationale de Crédit et d'Investissement (SNCI) – A bank specializing in medium and long term financing of investments made by Luxembourg based companies. Founded in 1978, it is a wholly owned by the State of Luxembourg.
LBBW Luxemburg S.A. – A 100% subsidiary of German-based Landesbank Baden-Württemberg. With over EUR10 billion assets under administration, it is a highly active custodian bank. Moreover, the bank manages a credit investment portfolio of EUR6 billon. The company was founded on January 3, 1978.
M.M. Warburg Bank Luxembourg – A subsidiary of the Hamburg based private bank M.M.Warburg & CO KgaA, one of largest independent private banks in Germany. M.M.Warburg Bank Luxembourg advises and provides operational support to both private and institutional clients. The company was established in 1973.
Nomura Bank (Luxembourg) S.A. (also referred to as “NBL”) – A subsidiary of Nomura Europe Holdings plc, United Kingdom. The company was founded on February 2, 1990. Mr. Nakada Masafumi is the Chairman of the Bank.
Nordea Bank S.A. – The leading Nordic pan-European banking entity in Luxembourg and Switzerland. The bank specializes in private banking, fund distribution and fund management services. The company was founded on September 30, 1976 and operates as subsidiary of the Nordea Group, Sweden.
UBS (Luxembourg) S.A. – A subsidiary of UBS AG, Zurich. It provides wealth management, investment banking and asset management services. UBS (Luxembourg) S.A. was founded on August 20, 1973.
VP Bank (Luxembourg) S.A. – A subsidiary of Verwaltungs- und Privat-Bank AG, Vaduz (Liechtenstein).
Luxembourg's 10 Largest Banks
Deutsche Bank Luxembourg S.A.
CACEIS Bank Luxembourg
Banque et Caisse d'Epargne de l'Etat (BCEE)
Société Générale Bank & Trust
BGL BNP Paribas
UniCredit Luxembourg S.A.
Banque Internationale à Luxembourg
ING Luxembourg S.A.
NORD/LB Luxembourg Covered Bond Bank
Banque de Luxembourg S.A.