Banque Centrale du Luxembourg (Central Bank of Luxembourg)
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The Banque Centrale du Luxembourg is the central bank of Luxembourg. The Bank became a part of the European System of Central Banks (ESCB), was established on 1st June 1998.
The objective of establishing the bank has been to help ESCB fulfill its mission, which are as follows:
The Banque Centrale du Luxembourg is the central bank of Luxembourg. The Bank became a part of the European System of Central Banks (ESCB), was established on 1st June 1998.
The objective of establishing the bank has been to help ESCB fulfill its mission, which are as follows:
- Implementing the monetary policy for the country
- Conducting the Foreign Exchange Operations
- Managing the Foreign Exchange Reserves
- Promoting the smooth operation of payment system.
Important functions of the bank are as follows:
- Issuing the currencies and banknotes
- Maintaining the financial stability
- Promoting economic development
- Adopting both the monetary and fiscal policy of the country
The Address and Contact details of the bank is as follows:
Banque Centrale du Luxembourg
Address:
2A, boulevard Royal L-2983 LUXEMBOURG
Phone No.: ++352-47 74-1
Fax: ++352-47 74-49 20
