{
Banque Internationale à Luxembourg SA

Companies

}
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001122334455554433221100

bil closes hong kong office to strengthen european wealth management focus

Banque Internationale à Luxembourg (BIL) is closing its Hong Kong office as part of a strategic reorganization to enhance its wealth management operations in Europe. Despite being owned by China's Legend Holdings, the bank has struggled with profitability in Hong Kong amid a challenging economic climate. BIL will continue to serve Chinese clients through its hubs in Luxembourg and Switzerland, while maintaining its representative office in Beijing.
finews.com
United States Dollar Legend Holdings Ltd Banque Internationale à Luxembourg SA HKG CHE CHN LUX Show more
Finance & Economy, News Article
10:51 08.01.2025

bil closes hong kong office to focus on european wealth management

Banque Internationale à Luxembourg (BIL) is closing its Hong Kong office as part of a strategic shift to enhance its wealth management operations in Europe. The bank will continue to serve Chinese clients from its centers in Luxembourg and Switzerland, while maintaining its representative office in Beijing. This decision follows challenges in achieving profitability in Hong Kong amid a tough economic climate.
finews.ch
Chinese Yuan Hong Kong Dollar Swiss Franc Legend Holdings Ltd Banque Internationale à Luxembourg SA HKG CHE CHN LUX Show more
Finance & Economy, Market Report
10:50 08.01.2025

banque raiffeisen expands presence with new and renovated branches in luxembourg

Raiffeisen Bank has opened two new branches in Esch-Belval and opposite Luxembourg-City"s main railway station, along with a renovated branch in Alzingen, increasing its total to 29 branches in Luxembourg. This expansion comes as ING announced the closure of its retail banking services in the country. The latest retail banking survey indicates a decline in the number of bank branches and ATMs in Luxembourg, with Raiffeisen being one of the few banks still offering retail services.
@Paperjam_lu
United States Dollar Euro Banque Internationale à Luxembourg SA Raiffeisen Bank ING BGL BNP Paribas SA Post LUX Sandrine de Vuyst Show more
TradFi, News Article
18:29 18.11.2024

banque raiffeisen expands presence with new and renovated branches in luxembourg

Banque Raiffeisen announced the opening of two new branches and a renovated one, increasing its total to 29 in Luxembourg. This comes as ING plans to close its mass retail banking services in the country. The latest survey revealed a decline in bank branches and ATMs in Luxembourg, with Banque Raiffeisen holding the second most branches.
@DelanoMagazine
United States Dollar Euro Banque Internationale à Luxembourg SA ING Banque Raiffeisen SCOP Post BGL BNP Paribas LUX Sandrine de Vuyst Show more
TradFi, Press Release
18:04 18.11.2024
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