The Central Bank of Luxembourg (French: Banque centrale du Luxembourg [bɑ̃k sɑ̃tʁal dy lyksɑ̃buʁ], BCL; German: Luxemburger Zentralbank [ˈlʊksm̩ˌbʊʁɡɐ tsɛnˈtʁaːlbaŋk]; Luxembourgish: Zentralbank vu Lëtzebuerg) is the member of the Eurosystem for Luxembourg and was founded for that purpose in 1998, succeeding the Institut Monétaire Luxembourgeois.
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| 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. | |
Governors
edit- 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]
See also
editReferences
edit- ^ Bank Profitability: Methodological Country Notes 2000. OECD Publishing. 18 July 2000. p. 108. ISBN 978-92-64-18217-2.
- ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
- ^ "The Banque centrale du Luxembourg" (PDF). bcl.lu (in French). Retrieved 11 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. 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
edit- (in French and English) Official site of Banque centrale du Luxembourg
- European Central Bank
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