Booking centre
Luxembourg
The rules behind every bank page in Luxembourg: who licenses banks, what happens to custody assets and deposits if a bank fails, how enforcement decisions are published, and what is shared with tax authorities abroad.
Ranking
Banks rated in Luxembourg
#BankBooking centrePPLI.comRating
1
PBank Pictet & Cie (Europe) AG, succursale de LuxembourgPictetLuxembourg692
LBanque de Luxembourg S.A.Banque de LuxembourgLuxembourg673
LOLombard Odier (Europe) S.A.Lombard OdierLuxembourg634
QQuintet Private Bank (Europe) S.A.QuintetLuxembourg36
BBBGL BNP Paribas S.A.BGL BNP ParibasLuxembourgRating in preparation
BBanque Internationale à Luxembourg S.A.BILLuxembourgUnder review
EREdmond de Rothschild (Europe)Edmond de RothschildLuxembourgUnder review
JPJ.P. Morgan SE, Luxembourg BranchJ.P. MorganLuxembourgRating in preparation
SGSociété Générale LuxembourgSociété GénéraleLuxembourgRating in preparation
UUBS Europe SE, Luxembourg BranchUBSLuxembourgRating in preparation
PLLOQBBBERJPSGUThe framework
Licensing, protection and disclosure in Luxembourg
Each point links to the source it was checked against on the review date.
Regulator and licensing lawLaw of 5 April 1993 on the financial sector (LFS). CSSF page: credit institutions are authorised to exercise all activities regulated by the Law of 5 April 1993 on the financial sector. Source
Deposit protectionFonds de garantie des depots Luxembourg (FGDL). Cover: EUR 100,000 per depositor per credit institution, covering all eligible deposits of the same depositor regardless of number and currency. Currency: EUR. What is covered: All eligible deposits; nationality and residence of the depositor do not matter. Payout: Reimbursement by bank transfer in euros within seven working days (three months or deferral in certain cases). Source
Custody assets in insolvencyLaw of 1 August 2001 on the circulation of securities. Art. 3(1): account holder has an intangible interest in all the securities of the same description held on account by the account keeper. Art. 10(1): in winding-up of the account keeper, the claim on securities is filed with the liquidator collectively; Art. 10(2): shortfall allocated between account holders in proportion to their rights. Source
Non-resident clientsFGDL notice states nationality and residence do not affect deposit coverage.
Size of the banking sector118 banks (48 branches) as of 30/09/2026; balance sheet total EUR 1,027.6 bn as of 30/06/2026; 26,575 employees as of 30/06/2026. Source
State guaranteesNo state guarantee concept identified for private banks.
Important information. Editorial opinion of PPLI.com on the date shown, based on public information, client experience and editorial judgment. Not a statement of fact, a credit rating or investment, legal, tax or financial advice; verify with the bank and your own advisers before acting. No liability is accepted for reliance on this content. Bank names and logos are used for identification only. Ratings are updated every quarter. This is the Q4 2026 edition, and a rating can change between editions if something material happens. Full disclaimer
Ratings signed by Noam Cohen, Editor, Bank IntelligenceReviewed 2 November 2026Methodology version 2.3Corrections [email protected]