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BGL BNP Paribas (formerly Banque Générale du Luxembourg or BGL) is a Luxembourgish bank founded on 29 September 1919. Since May 2009, the bank has been a subsidiary of the BNP Paribas group. It is the fifth-largest bank in the Grand Duchy of Luxembourg [ 1 ] and is the country's second-largest employer.
The transfer was finalised on 1 October 2010 with the incorporation of BNP Paribas Luxembourg's business in the operational platforms of BGL BNP Paribas. [27] In 2013 BNP Paribas was awarded the Bank of the Year award by The International Financing Review ("IFR"), Thomson Reuters' leading financial industry publication. [28] [29] [30]
Location of Luxembourg. Luxembourg is a landlocked country in Western Europe.It is bordered by Belgium to the west and north, Germany to the east, and France to the south. Luxembourg is a founding member of the European Union, the OECD, the United Nations, NATO, and Benelux, reflecting its political consensus in favour of economic, political, and military integrati
Banque Transatlantique Luxembourg; BGL BNP Paribas; East-West United Bank; ING; Intesa Sanpaolo; Quintet Private Bank; ... Eurobank Private Bank Luxembourg; Central bank
BNP Paribas Fortis is the majority shareholder of BGL BNP Paribas, which operates in the Luxembourg market.It is the largest provider of banking services to small and medium-sized enterprises in Luxembourg and the number two in financial services to individuals.
The initial investment by Belgium (€4.7 billion), and presumably that by Luxembourg (€2.5 billion), and the price paid for the Dutch banking activities (€12.8 billion) remain with Fortis Bank SA/NV, while those received for the insurance companies (€4 billion from the Dutch and €5.73 billion from BNP Paribas) go to Fortis Group.
Pages in category "Banks of Luxembourg" ... Banque Internationale à Luxembourg; Banque Raiffeisen; BGL BNP Paribas; C. Central Bank of Luxembourg; E.
Paribas Luxembourg was closely linked to controversial Iraq business man Nadhmi Auchi. Links date back to the 1970s with the jointly controlled Continental Bank of Luxembourg. In early 1990, Auchi was the largest shareholder in Paribas with 12% share through Auchi's holding company General Mediterranean Holdings or GenMed.