1920 – 2020 Key events in our rich history

Founded in 1920 during a period of post-war reconstruction, our Bank has lived through several historical milestones, including the Great Depression in the 1930s, the Second World War, successive oil crises and the 2008 financial crisis. We have embraced every challenge as an opportunity to move forward, always in tandem with our clients and our country, while remaining attentive, responsible and clearsighted.

1900
  • 1920
       

    1920 - 

    Banque d’Alsace et de Lorraine (BAL), the forerunner of Banque de Luxembourg, opens its first branch in Luxembourg.

  • 1937
       

    1937 - 

    Banque Mathieu Frères is founded by Ambroise Jacques and Marie-Eugène Mathieu.

  • 1945
       

    1945 - 

    CIAL Luxembourg reopens its doors after the Second World War, and Marcel Reckinger is appointed CEO.

  • 1954
       

    1954 - 

    Business growth prompts CIAL Luxembourg to build a second building at 103 Grand-Rue, officially opened in 1956.

  • 1969
       

    1969 - 

    CIAL becomes a shareholder in Banque Mathieu Frères, acquiring 30.2 % of its capital.

  • 1978
       

    1978 - 

    Banque Mathieu Frères changes its name to Banque de Luxembourg.

  • 1981
       

    1981 - 

    Compagnie Financière de Gestion (CFG) is founded.

  • 1994
       

    1994 - 

    The new head office of Banque de Luxembourg at 14, Boulevard Royal is officially opened.

  • 1998
       

    1998 - 

    The CIC group, to which Banque de Luxembourg belongs, is taken over by Crédit Mutuel Centre Est Europe to become the CM-CIC group.

  • 2005
       

    2005 - 

    BLI – Banque de Luxembourg Investments, the Bank’s asset management company, is founded.

  • 2010
       

    2010 - 

    Banque de Luxembourg opens a branch in Belgium and continues to grow commercially with two new Private Banking Centres in Brussels and Sint-Martens-Latem.

  • 2020
       

    2020 - 

    100th anniversary of Banque de Luxembourg.

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