issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article does not cite any sources . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . march 2015 learn how and when to remove this template message this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . march 2015 learn how and when to remove this template message learn how and when to remove this template message coordinates 49 36 48 n 6 07 33 e 49.6132 n 6.1257 e 49.6132 ; 6.1257 banque de luxembourg industry banking financial services founded 1920 headquarters 14 boulevard royal 2449 luxembourg key people philippe vidal chairman pierre ahlborn ceo products private banking professional banking asset management businesses net income 63.2 mln 2014 1 total assets 13 697.0 mln 2014 1 number of employees 796 2014 1 subsidiaries banque de luxembourg investments bli compagnie financi re de gestion cfg conventum asset management website www.banquedeluxembourg.com founded in 1920 banque de luxembourg is one of the most important financial institutions in luxembourg . with decisions made locally it offers its independent wealth management expertise to clients based in luxembourg and the rest of europe . contents 1 history 2 shareholder structure 3 branches 3.1 luxembourg 3.2 belgium 4 references 5 external links history edit founded in 1920 the history of banque de luxembourg is closely tied in with the rise of the financial centre of luxembourg . 1920 banque d alsace et de lorraine later cr dit industriel d alsace et de lorraine cial opens its first branch in luxembourg . 1937 banque mathieu fr res the forerunner of banque de luxembourg is founded . 1969 cial becomes a major shareholder in banque mathieu fr res . 1977 deutsche bank luxembourg s.a. becomes a shareholder in banque mathieu fr res which changes its name to banque de luxembourg . 1991 banque de luxembourg takes over the luxembourg activities of cial . 1994 the bank opens its new head office at 14 boulevard royal luxembourg . 1999 banque de luxembourg launches fund market s.a. the independent fund adviser . fund market s products and services were integrated into the bank s offer in 2010 . 2002 following restructuring deutsche bank sells its 28.95 % holding in banque de luxembourg to cic group which becomes a shareholder via the banque f d rative du cr dit mutuel cic group holding company . 2005 banque de luxembourg fund research & asset management bl fr & am brings together the bank s investment analytical and management expertise . 2010 banque de luxembourg opens a branch in belgium to meet the needs of clients from the belgian province of luxembourg . shareholder structure edit banque de luxembourg is a wholly owned subsidiary of cr dit mutuel cic via the cr dit industriel et commercial cic . cic serves around 4.6 million private professional and corporate clients cic is 93 % owned by banque f d rative du cr dit mutuel bfcm the holding company of the bancassurance group cr dit mutuel centre est europe cic . a non listed company the cr dit mutuel centre est europe cic group combines the strengths of 11 regional federations of cr dit mutuel with those of cic . owned by around 4.7 million soci taires shareholding members and with 66 000 employees serving 23.8 million customers it is a major player in the french retail banking sector . the cr dit mutuel centre est europe cic group s excellent financial strength is reflected in equity capital of eur 31.2 billion and its tier one solvency ratio of 14.1 % . the rating agencies moody s and standard & poor s assign a rating of aa3 and a respectively to the bfcm group making it one of the highest rated banks in the eurozone . branches edit luxembourg edit designed by bernardo fort brescia from the architectural practice arquitectonica in miami the bank s head office and recently inaugurated extension houses the bank s luxembourg based sales teams . the support and back office teams are located at the administrative headquarters in howald . belgium edit the bank s two private banking centres in brussels and in gand offer the best of luxembourg private banking to a belgian clientele . references edit a b c bank profile banque de luxembourg external links edit official website banque de luxembourg news guy wagner blog retrieved from https en.wikipedia.org w index.php title banque de luxembourg & oldid 743972300 categories banks of luxembourgbanks established in 1920economy of luxembourghidden categories articles lacking sources from march 2015all articles lacking sourcesarticles with a promotional tone from march 2015all articles with a promotional tonecoordinates not on wikidataofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages catal deutschfran aisnederlands edit links this page was last modified on 12 october 2016 at 09 32 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view