Central Bank of Luxembourg

The Central Bank of Luxembourg (Luxembourgish: Zentralbank vu Lëtzebuerg; French: Banque centrale du Luxembourg, BCL; German: Luxemburger Zentralbank) 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) and the Eurosystem.

The Central Bank of Luxembourg

Central Bank of Luxembourg
Banque centrale du Luxembourg (in French)
HeadquartersLuxembourg City
Established1 June 1998[1]
Ownership100% state ownership[2]
GovernorGaston Reinesch
Central bank ofLuxembourg
Reserves190 million USD[2]
Preceded byInstitut Monétaire Luxembourgeois (IML)
Succeeded byEuropean Central Bank (1999)1
Websitewww.bcl.lu
1 The Central Bank of Luxembourg still exists but many functions have been taken over by the ECB.

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

Governors

See also

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.


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