Mon04242017

Banking Headlines

ING Luxembourg Head Office Branch Opens at Place de la Gare

Wednesday, 19 April 2017
ING Luxembourg Head Office Branch Opens at Place de la Gare

The new head office branch of ING Luxembourg in the Kons Building at the Place de la Gare officially opened for business yesterday. 

Based on the ...

Luxembourg Banking Sector Profit before Provisions Estimated at €6bn for 2016

Tuesday, 18 April 2017
Luxembourg Banking Sector Profit before Provisions Estimated at €6bn for 2016

The financial sector regulatory authority, CSSF, has estimated a profit before provisions for the Luxembourg banking sector of €6.36 billion for ...

BGL BNP Paribas 2016 Results show €403.2m consolidated profit

Friday, 07 April 2017
BGL BNP Paribas 2016 Results show €403.2m consolidated profit

BGL BNP Paribas recorded a consolidated net profit for 2016 of €403.2 million, a rise of 13% on the year before, showing the bank’s continu...

François Dacquin Joins BGL BNP Paribas Management Board

Thursday, 06 April 2017
François Dacquin Joins BGL BNP Paribas Management Board

The Board of Directors of BGL BNP Paribas has appointed François Dacquin to join the Management Board as Head of Wealth Management Luxembourg.

A...

Registration Opens for PrivateBanker Event

Wednesday, 22 March 2017
Registration Opens for PrivateBanker Event

Registration has now opened for the 8 th edition of the private banking event PrivateBanker which will take place on 4 April 2017 at Le Royal Hotel, fro...

European Investment Bank and ING Boosting Low Interest Credit for Benelux SMEs

Friday, 17 March 2017
European Investment Bank and ING Boosting Low Interest Credit for Benelux SMEs

Starting mid-March, the European Investment Bank (EIB) is putting up €350 million for low interest loans to small and medium-sized enterprises in...

February Credit Figures Published

Wednesday, 08 March 2017
February Credit Figures Published

The Central Bank of Luxembourg has published provisional figures showing that the balance sheet of credit institutions in Luxembourg amounted to over ...

BNL Paribas Announce 2016 Results and €3 Billion Tech Investment

Wednesday, 08 February 2017
BNL Paribas Announce 2016 Results and €3 Billion Tech Investment

Despite historically low interest rates, and a lacklustre market, French banking group BNP Paribas yesterday published its results for 2016 including ...

ING Luxembourg Announces Results for 2016

Wednesday, 08 February 2017
ING Luxembourg Announces Results for 2016

ING Luxembourg yesterday announced its results for 2016, reporting a year-end profit of €103.6 million. A reflection of historically low interest...

Luxembourg Banks Highly Rated in Global Survey

Tuesday, 07 February 2017
Luxembourg Banks Highly Rated in Global Survey

Banque de Luxembourg has topped the rankings in three categories of Euromoney’s 2017 Private Banking and Wealth Management Survey.  

Th...

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