Banque de Luxembourg: key figures for 2017

Banque de Luxembourg has announced its financial results for the year ended 31 December 2017. Learn more in the online version of Overview, our traditional presentation brochure that also describes who we are and reviews our highlights in 2017.

Solvency ratio confirms our solidity

At 31 December 2017, our capital was EUR 986 million, up almost 3% from the previous year. The Common Equity Tier 1 solvency ratio of 27.5%, considerably above the regulatory requirements, reflects the Bank’s strong position.

Client numbers are growing

New clients continued to join Banque de Luxembourg throughout the year, attracted by our approach to our profession and our expertise, transparency and attention.

Assets under management reached a record level in 2017: EUR 73.7 billion, up 8% from the previous year.

In 2017 we also continued to help our clients finance their personal projects. Loans to clients stood at EUR 2.7 billion.

The Bank closed its 2017 financial year with net profit of EUR 63 million, little change from 2016, in a general context still characterised by historically low interest rates. We also strengthened our teams to better serve our clients, advance the Bank’s digital projects and ensure that we remain compliant with regulations.

Overview in 2018

  • Introduction by Pierre Ahlborn, Administrateur délégué
  • Mission and values
  • Key figures in 2017
  • Valued employees
  • Five areas of expertise and their 2017 highlights
  • Governance and shareholder structure
  • Societal engagement and long-standing partnerships

The full version of Overview is available in electronic format as a pdf or can be viewed directly online. Hard copies are available from your adviser or in our reception areas.