Banque de Luxembourg
Main headquarters in Luxembourg City | |
| Company type | Private company |
|---|---|
| Industry | Banking Financial services |
| Founded | 1920 |
| Headquarters | , |
Key people | Philippe Vidal, Chairman Pierre Ahlborn, CEO |
| Products | |
| €63 mln (2017) | |
| Total assets | €13,085.6 mln (2017) |
Number of employees | 900 |
| Subsidiaries | Banque de Luxembourg Investments (BLI) Compagnie Financière de Gestion (CFG) Conventum Asset Management |
| Website | www.banquedeluxembourg.com |
Banque de Luxembourg (French pronunciation: [bɑ̃k də lyksɑ̃buʁ], lit. 'Bank of Luxembourg') is a financial institution in Luxembourg, which primarily focuses on wealth management and high-net-worth individuals. It is owned by the French banking group Crédit Mutuel, through the group's subsidiary Crédit Industriel et Commercial (CIC).
The bank's origins go back to the 1920 opening of the Luxembourg branch of the Strasbourg-based Banque d'Alsace et de Lorraine (BAL), which in 1931 became the Crédit Industriel d'Alsace et de Lorraine (CIAL), by then a CIC affiliate; and to the separate establishment in 1937 of Banque Mathieu Frères in Luxembourg, which CIAL took over in 1969-1971 and renamed Banque du Luxembourg in 1978. Banque de Luxembourg then absorbed CIAL's Luxembourg branch in 1991.