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.
Headquarters | Luxembourg City |
---|---|
Established | 1 June 1998[1] |
Ownership | 100% state ownership[2] |
Governor | Gaston Reinesch |
Central bank of | Luxembourg |
Reserves | 190 million USD[2] |
Preceded by | Institut Monétaire Luxembourgeois (IML) |
Succeeded by | European Central Bank (1999)1 |
Website | www.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
- Pierre Jaans (Director General of IML 1983–1998)
- Raymond Kirsch (President of IML 1985–1998)[3]
- Yves Mersch (1998–2013)[4]
- Gaston Reinesch (since 2013)[5]
References
- Bank Profitability: Methodological Country Notes 2000. OECD Publishing. 18 July 2000. p. 108. ISBN 978-92-64-18217-2.
- Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
- http://www.bcl.lu/fr/publications/brochure/Brochure_BCL_EN.pdf
- "Who wants to be boss of BCL?". 11 December 2017.
- "Banque centrale du Luxembourg - Cérémonie organisée à l'occasion des nominations de Monsieur Yves Mersch au Directoire de la Banque centrale européenne et de Monsieur Gaston Reinesch à la Banque centrale du Luxembourg". www.bcl.lu. Retrieved 16 October 2022.
- 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.
External links
- (in French and English) Official site of Banque centrale du Luxembourg
- European Central Bank
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