Company Overview of Banque Internationale à Luxembourg SA
Banque Internationale à Luxembourg SA, a multi-business bank, provides banking and financial products and services for individual and business clients. The company operates through Retail Banking, Corporate & Investment Banking and Wealth Management; Treasury and Financial Markets; and Group Center segments. It offers savings, youth savings, mortgage savings, current accounts, term deposits, complementary pension, and short term notes; personal car, students, and mortgage loans; investment products and services, such as funds, securities, structure products, and financial markets; and insurance, debit and credit cards, and online banking services for individuals. The company also assists sel...
69, Route d’Esch
Founded in 1856
Key Executives for Banque Internationale à Luxembourg SA
Chairman of Management Board, Chief Executive Officer and Director
Vice Chairman of Management Board and Chief Financial & Risk Officer
Chief Operating Officer and Member of Management Board
Global Market Head for the Middle East and Chief Executive Officer of Dubai
Head of Corporate & Institutional Banking and Member of Management Board
Compensation as of Fiscal Year 2017.
Banque Internationale à Luxembourg SA Key Developments
Legend Reportedly In Talks To Buy Precision’s Stake In Banque Internationale A Luxembourg
Jul 11 17
Legend Holdings Corporation (SEHK:3396) (‘Legend’) is in talks to buy around 90% of Banque Internationale à Luxembourg SA (‘BIL’) from Precision Capital SA (‘Precision’), a person with knowledge of the matter told Reuters. People familiar with the industry said they would expect BIL to fetch a price of €1 billion to €1.5 billion. The deal is likely to be finalised in the coming weeks and Legend is not looking to buy the remaining 10% stake which is owned by the Luxembourg government, the source said. Another source close to Qatari Prime Minister Sheikh Hamad bin Jassim al-Thani, who is a member of the Qatari royal family that owns Precision, said Precision was in advanced talks to sell its controlling stake to a potential buyer but a final agreement had not yet been reached. The source declined to comment on whether Precision was talking to Legend. The sources could not be identified as the talks are not public. A spokeswoman at Legend and a spokesman for Sheikh Hamad's office in Doha declined to comment as did BIL. Precision and the Luxembourg government did not respond to Reuters' request for comment.
Owners Reportedly Mull Sale Of Banque Internationale à Luxembourg
Apr 27 17
The Qatari owners of Banque Internationale à Luxembourg SA (BIL) are considering a sale of their controlling stake in the private bank, which could fetch about $1.5 billion, according to people familiar with the matter. Precision Capital SA, the investment vehicle of Qatar royal family members including former Qatari Prime Minister Sheikh Hamad bin Jassim bin Jabr Al Thani, is weighing a sale of the bank, the people said, asking not to be identified as the information is private. BIL could interest large private banks in Europe seeking to expand their business, the people said. Precision is not running a formal sale process and is holding preliminary discussions with potential buyers, the people said. No final agreements have been reached and the owners may decide against a sale, the people said. Representatives for Precision Capital, BIL and the Luxembourg Finance Ministry declined to comment.
Banque Internationale Ã Luxembourg Appoints Marco Robbertsen to Manage the Team Responsible for Western Residents in Dubai
Mar 15 17
Banque Internationale Ã Luxembourg (BIL) has hired a number of professionals for its Dubai branch to accelerate its growth in the Middle East region. BIL, which inaugurated its Dubai branch in March 2015, has hired Marco Robbertsen to manage the team responsible for Western residents in Dubai. Additionally, he will also be in charge of the group's European private banking services. Robbertsen, who has 16 years of experience in private banking in Europe and Asia, will report directly to BIL Dubai CEO Patrick Casters. Prior to joining BIL, he was head of wealth management - South Netherlands for Deutsche Bank. Previously, he also worked for Credit Suisse and ABN AMRO as a senior private banker in Singapore.
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