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Central Bank of Luxembourg

From Wikipedia, the free encyclopedia

Not to be confused withBanque de Luxembourg.

Central Bank of Luxembourg
Banque centrale du Luxembourg(in French)


Headquarters	Boulevard Royal,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.

TheCentral Bank of Luxembourg (French:Banque centrale du Luxembourg[bɑ̃ksɑ̃tʁaldylyksɑ̃buʁ],BCL;German:Luxemburger Zentralbank[ˈlʊksm̩ˌbʊʁɡɐtsɛnˈtʁaːlbaŋk];Luxembourgish:Zentralbank vu Lëtzebuerg) is thenational central bank forLuxembourg within theEurosystem. It was founded for that purpose in 1998, and also succeeded theInstitut Monétaire Luxembourgeois in some of the latter's mandates.

The Central Bank of Luxembourg is not itself afinancial supervisory authority but participates inEuropean banking supervision as a member of theSupervisory Board of the European Central Bank, alongside theCommission de Surveillance du Secteur Financier.^[3] It is also a member of theEuropean Systemic Risk Board (ESRB).^[4]

Former IML Management

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Pierre Jaans (Director General of IML 1983–1998)
Raymond Kirsch (President of IML 1985–1998)^[5]

Governors BCL

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Yves Mersch (1998–2013)^[6]
Gaston Reinesch (since 2013)^[7]

References

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^Bank Profitability: Methodological Country Notes 2000. OECD Publishing. 18 July 2000. p. 108.ISBN 978-92-64-18217-2.
^^a ^bWeidner, Jan (2017)."The Organisation and Structure of Central Banks"(PDF).Katalog der Deutschen Nationalbibliothek.
^"Supervisory Board".European Central Bank. Retrieved21 November 2025.
^"List of ESRB Members and National Macroprudential Authorities".European Systemic Risk Board. 21 November 2025.
^"The Banque centrale du Luxembourg"(PDF).bcl.lu (in French). Retrieved11 April 2024.
^"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. Retrieved16 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

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Wikimedia Commons has media related toBanque centrale du Luxembourg.

(in French and English)Official site of Banque centrale du Luxembourg
European Central Bank

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v t e Banks of Luxembourg
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