BGL BNP Paribas

BGL BNP Paribas (formerly Banque Générale du Luxembourg or BGL) is the subsidiary of BNP Paribas in Luxembourg, which roots going back to the Banque Générale du Luxembourg (BGL) founded in 1919 by mostly Belgian stakeholders. Part of the BNP Paribas Group since May 2009, it was the second-largest bank in Luxembourg by total assets as of end-2023 (at €52.7 billion), behind the state-owned Banque et Caisse d'Épargne de l'État.

In 2011, BGL BNP Paribas had been the second-largest private-sector employer in the country, behind ArcelorMittal. In 2014, BGL BNP Paribas was ranked by The Banker magazine as the top bank in Luxembourg based on tier 1 capital.

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