Largest Banks in Luxembourg

Some of the largest banks of Luxembourg are Dexia BIL, BGL BNP Paribas, NORD/LB, etc.

Dexia BIL is one of Luxembourg's largest banks. In 1988 BIL set up the first investment funds focusing on leading Luxembourg shares. Dexia BIL's 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. BIL was the leading issuer of the first Eurobond introduced to the Luxembourg Stock Exchange in July 1963.

BGL BNP Paribas is one of the largest banks in the Grand Duchy of Luxembourg, with a balance sheet totaling EUR 52.5 billion as at 30 June 2010. It offers a wide range of financial products to individuals, professionals, private banking clients and businesses. BGL BNP Paribas is Luxembourg's No. 1 provider of banking services to professionals and small- and medium-size companies, and No. 2 in services for individuals. It is also the leader for bancassurance.

NORD/LB Luxembourg has been firmly established in the financial centre of Luxembourg since 1972. It is one of the largest German euro banks located in Luxembourg which is the second smallest Member State of the EU. NORD/LB Luxembourg has a continued important market presence and acceptance within the banking community.

* Next: Luxembourg Stock Exchange