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BGL, S.A. · Luxembourg Luxembourg

Company Description

50, avenue J. F. Kennedy
Luxembourg
2951
Luxembourg (Map)
Phone: +352-4242-2000
Fax: +352-4242-2001
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    BGL, formerly known as Fortis Banque Luxembourg, covers both general and specific banking needs for customers in the grand duchy and beyond. The bank offers a wide variety of financial services to individuals, businesses, and government institutions. For private consumers, it operates about 35 retail branches throughout Luxembourg and also offers Internet-based banking. For businesses, the bank offers such services as foreign-exchange transactions and international trade financing. It also engages in private banking for wealthy clients. In 2009 BNP Paribas acquired a 67% majority stake in BGL and 75% in previous parent FortisTo read the full description, subscribe now.

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    Key BGL, S.A. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees2,100

    BGL, S.A. Executives

    6 executives listed for BGL, S.A.'s Luxembourg,  location.
    TitleName & BioContact
    ChairmanMarcel MartNetwork
    Chairman of the Management BoardJean MeyerNetwork
    Vice Chairman of the Management BoardCarlo ThillNetwork

    Competition

    Competitive Landscape for BGL, S.A.
    Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.
    Top BGL, S.A. Competitors
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