Banque et Caisse d'Épargne de l'État
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Banque et Caisse d'Épargne de l'État | |
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Type | Government-owned corporation |
Founded | 21 February 1856 |
Headquarters | Luxembourg City, Luxembourg |
Area served | Luxembourg |
Key people | Victor Rod, Chairman Jean-Claude Finck, President and CEO |
Industry | Banking |
Revenue | ▲ €402.6 m |
Operating income | ▲ €158.3 m |
Net income | ▲ €109.0 m |
Employees | 1,775 |
Website | www.bcee.lu |
Banque et Caisse d'Épargne de l'État, abbreviated to BCEE, is a Luxembourgish bank, established and owned by the Luxembourgish government. Founded in 1856 as a savings bank, its competences were expanded over time, culminating in its transformation by Grand Ducal decree into a full service bank on 25 October 1944. Nowadays, it provides all the functions of a commercial bank, including retail banking and private banking.