BNP Paribas Group in Luxembourg News and Press
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February 26, 2014 -

BGL BNP Paribas elected Best Private Bank in Luxembourg by Euromoney

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BGL BNP Paribas Wealth Management has been elected Best Private Bank in Luxembourg in the Euromoney Private Banking Survey 2014. This is the third time in five years it has won this distinction. BGL BNP Paribas’ private bank tops the rankings in the Best Private Banking Services Overall category for Luxembourg. The ranking reflects peer recognition of the company’s expertise and broad range of products and services.

Early each year, the Euromoney Private Banking Survey merges statistics with results of voting by the private banking community and publishes the benchmark reference for this market. Rankings of private banking firms are broken down by country and category.

In the Luxembourg rankings, BGL BNP Paribas Wealth Management won distinctions in these categories:

  • Best private banking services overall
  • Best range of advisory services
  • Best net-worth-specific services for High Net Worth I clients (US$1 million to US$10 million)
  • Best net-worth-specific services for High Net Worth II clients (US$10 million to US$30 million)
  • Best net-worth-specific services for Ultra High Net Worth clients (more than US$30 million)
  • Best corporate advisory for private banking clients.

“Beyond affirming our leading position in Luxembourg, this distinction rewards our know-how and our ability to create bespoke wealth management and financial solutions for our customers”, commented Hubert Musseau, a member of the BGL BNP Paribas Management Board and Chief Executive Officer of BNP Paribas Wealth Management in Luxembourg.

To be as close as possible to its customers, the BGL BNP Paribas private bank operates six sites throughout Luxembourg as well as the Private Banking Centre in Kirchberg. With the strong local presence and the BNP Paribas Group’s wide range of high-value-added products and services, BGL BNP Paribas Wealth Management offers top-of-the-line services to entrepreneurs and other private clients.

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About BGL BNP Paribas
BGL BNP Paribas (www.bgl.lu) is one of the largest banks in the Grand Duchy of Luxembourg. It offers an especially wide range of financial products to individuals, professionals, private banking clients and businesses. BGL BNP Paribas is Luxembourg’s number-one provider of banking services to professionals and small- and medium-size companies, and number two in services for individuals. It is also the leader for bancassurance.

About BNP Paribas
BNP Paribas (www.bnpparibas.com) has a presence in nearly 80 countries with 190,000 employees, including 145,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.

Press contacts:
Yves Hoffmann +352 42 42-6580 yves.hoffmann@bgl.lu
Anne Wenandy +352 42 42-46 14 anne.wenandy@bgl.lu
Eliane Thines +352 42 42-62 64 eliane.thines@bgl.lu
Valérie Michiels +352 42 42-65 34 valerie.michiels@bgl.lu