Central Bank of Luxembourg

Central Bank of Luxembourg
Banque centrale du Luxembourg (in French)
Headquarters	Luxembourg City
Established	1 June 1998
Ownership	100% state ownership[1]
Governor	Gaston Reinesch
Central bank of	Luxembourg
Reserves	190 million USD[1]
Preceded by	Institut monétaire luxembourgeois (IML)
Succeeded by	European Central Bank (1998)1
Website	www.bcl.lu
	1 The Central Bank of Luxembourg still exists but many functions have been taken over by the ECB.

The Central Bank of Luxembourg (French: Banque centrale du Luxembourg, BCL) was founded in 1998, at the same time the European Central Bank was created, by laws dated 22 April and 23 December. It is part of the European System of Central Banks (ESCB).

The Banque centrale du Luxembourg's head office is located on Boulevard Royal.

Governors

Pierre Jaans (Director General of IML 1983–1998)
Raymond Kirsch (President of IML 1985–1998)[2]
Yves Mersch (1998–2013)[3]
Gaston Reinesch (since 2013)

References

Ernest Mühlen, Monnaie et circuits financiers au Grand-Duché de Luxembourg, Université Internationale de Sciences Comparées, Luxembourg, 1968.
Roger Croisé, René Link, La législation monétaire au Grand-Duché de Luxembourg de 1815 à nos jours, Edition Lux-Numis, Luxembourg,1988, 639 p.

External links

(in French and English) Official site of Banque centrale du Luxembourg
European Central Bank

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[dnbinfo-1] ttps://d-nb.info/1138787981/34

[centralbankprofile-2] ttp://www.bcl.lu/fr/publications/brochure/Brochure_BCL_EN.pdf

[3] ttps://luxtimes.lu/archives/27583-who-wants-to-be-boss-of-bcl

Central banks
Global	Bank for International Settlements Basel Committee on Banking Supervision Financial Stability Board
Policies	Capital requirement Contractionary monetary policy Expansionary monetary policy Basel II Basel III Basel IV
Implementation	Capital control Discount rate Interest rates Money creation Open market operation Sovereign wealth fund
Bretton Woods system	International Monetary Fund World Bank Group International Bank for Reconstruction and Development International Centre for Settlement of Investment Disputes International Development Association International Finance Corporation Multilateral Investment Guarantee Agency
Lists	List of central banks Central banks and currencies of Africa Central banks and currencies of Asia-Pacific Central banks and currencies of the Caribbean Central banks and currencies of Europe Central banks and currencies of Central America and South America

Central banks of the European Union
Within Eurozone (Members of the Eurosystem)	National Bank of Belgium Central Bank of Cyprus Deutsche Bundesbank Bank of Estonia Bank of Finland Banque de France Bank of Greece Central Bank of Ireland Bank of Italy Bank of Latvia Bank of Lithuania Central Bank of Luxembourg Central Bank of Malta De Nederlandsche Bank Oesterreichische Nationalbank Banco de Portugal National Bank of Slovakia Bank of Slovenia Bank of Spain
Outside Eurozone	Bulgarian National Bank Croatian National Bank Czech National Bank Danmarks Nationalbank Hungarian National Bank National Bank of Poland National Bank of Romania Sveriges Riksbank
Banking-related EU institutions	European Central Bank European System of Central Banks European Investment Bank
Central banks European Union

Banks of Luxembourg
Central	European Central Bank (Central Bank of Luxembourg)
Retail & Commercial	Advanzia Bank Banque et Caisse d'Épargne de l'État Banque Fortuna BGL BNP Paribas BIL Raiffeisen ING SNCI
Private	Banque de Luxembourg Banque Havilland CBP Quilvest Quintet Private Bank
Foreign	Novo Banco Société Générale
Other financial institutions	European Investment Bank

Central Bank of Luxembourg

Governors

See also

References

External links