Banque de Luxembourg S.A. products, services and reviews

About Banque de Luxembourg S.A.

Banque de Luxembourg S.A. is a Luxembourg-based credit institution headquartered in Luxembourg City that operates primarily in private banking and wealth management for families, entrepreneurs and institutions, with complementary corporate banking services for SMEs and mid-caps in the Grand Duchy and the Greater Region. The bank is part of Crédit Mutuel Alliance Fédérale through its subsidiary Crédit Industriel et Commercial (CIC). It is authorised and supervised by the Commission de Surveillance du Secteur Financier (CSSF) within the EU Single Supervisory Mechanism and participates in Luxembourg’s deposit guarantee scheme (Fonds de garantie des dépôts Luxembourg, coverage up to EUR 100,000 per depositor per bank) and the investor compensation scheme (SIIL, up to EUR 20,000 for eligible claims). The offering covers current and savings accounts, payment services and cards for private clients; discretionary and advisory portfolio management, execution and custody; lending solutions including mortgages and Lombard credit; and estate planning, succession and governance support. It also provides depositary and custody services for Luxembourg investment funds, while asset management is carried out by its wholly owned subsidiary BLI – Banque de Luxembourg Investments S.A., which manages UCITS and mandates subject to the SFDR framework. Access largely targets high-net-worth and professional clients and may be subject to minimum asset thresholds and residence-based restrictions; onboarding follows AML/KYC and tax-transparency requirements (FATCA/CRS). Service delivery combines a small physical network centered on Luxembourg with online and mobile banking and multilingual servicing (Luxembourgish, French, English and German). Pricing reflects private-banking practice, including account, custody and transaction fees and management fees for advisory or discretionary mandates; detailed tariffs are provided on request, and the bank publishes annual reports and Pillar 3 disclosures covering risk, capital and liquidity. The institution does not widely publish a standalone credit rating; clients should review regulatory filings for solvency information. The product shelf includes proprietary funds from BLI alongside third-party products, which can create conflicts of interest managed under MiFID II policies, and investment services involve market, credit and liquidity risks that are not covered by the deposit guarantee; availability of services and tax reporting depends on client domicile and applicable local regulations.