Delen Private Bank Luxembourg S.A. products, services and reviews

About Delen Private Bank Luxembourg S.A.

Delen Private Bank Luxembourg S.A. is the Luxembourg subsidiary of Delen Private Bank NV/SA (Belgium), operating as a credit institution under the supervision of the Commission de Surveillance du Secteur Financier (CSSF). It focuses on private clients and family offices, with an emphasis on discretionary portfolio management and investment advisory, custody and execution services, and multi‑currency accounts geared to investment activity rather than everyday retail banking. The product set typically combines in‑house Luxembourg funds managed within the group (via Cadelam S.A.) and third‑party instruments, alongside structured products and listed securities where suitable under MiFID II rules. The bank also offers portfolio‑backed lending (Lombard credit) and access to Luxembourg unit‑linked life‑insurance wrappers through partner insurers, subject to eligibility and local regulation. Clients receive consolidated reporting and e‑banking access for portfolio information and documentation. Onboarding follows standard Luxembourg KYC/AML and tax‑compliance requirements, with documentation of identity, source of funds and source of wealth; minimum investable amounts generally apply and fee schedules typically include mandate‑based management fees plus custody and transaction charges. Deposits are protected by the Fonds de garantie des dépôts Luxembourg up to the statutory ceiling per depositor per bank, and eligible investor claims fall under the Luxembourg investor compensation scheme, each within legal limits and exclusions. The institution’s cross‑border reach is applied case by case in line with EU/EEA passporting and local marketing rules, and it is not positioned as a full‑service retail bank for payments or cards.