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Home/Bank Intelligence/Luxembourg/BIL
BILB
BIL Luxembourg review

Banque Internationale à Luxembourg S.A.

Our review of BIL Luxembourg for ultra-high-net-worth families. We researched the legal entity that holds the licence and books the account, not just the brand.

Booking centreLuxembourg
RegulatorCSSF
Legal formLicence holder
Founded1856
Websitebil.com
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PPLI.com
Private Bank Rating
Under review

A significant matter has been reported and we are checking it with the original source. The rating will follow once it is confirmed.

About the rating
The rating

What the PPLI.com rating of BIL considers

This is our editorial assessment of BIL. We look at the areas below, which matter to a family deciding where to keep its assets, and weigh them together with what clients tell us and the service they get. Retail products, branches and apps play no part. The public sources we used are listed at the foot of the page.

Conduct and enforcement

What regulators, prosecutors and courts have concluded about this licence holder in recent years.

Protection of client assets

Whether custody assets are ring-fenced by law in the booking centre, whether deposits are protected, and whether the custody terms can be read before signing.

Service for complex families

The breadth of private banking services the bank publishes for this booking unit, including work with external managers and family offices.

Cost transparency

Whether a prospective client can see the tariff and the bank's policy on third party payments before asking.

Ownership and control

Whether the bank's owners are public, how official assessments rate the anti-money-laundering regime of any owner's home jurisdiction, and whether a politically exposed person holds a significant stake. The same test applies to every bank.

Client opinions and service

What clients of BIL and their advisers tell us in confidence, and the service the bank gives to families. We never publish names. Tell us about yours

PPLI.comPrivate Bank RatingUnder review

The rating expresses the opinion of PPLI.com on the date shown. It is not a statement of fact about the bank, not a credit rating, not a forecast of failure and not investment advice. Read about the rating.

The record

Regulatory and legal record

What regulators, prosecutors and courts have decided, recorded against the legal entity they named, with the status, the amounts as published and a link to the original document. Claims and investigations still under way are marked as open.

We found no regulatory, criminal or court decision naming this licence holder in the last ten years, in the sources listed below.
Matters concerning other entities in the group (1)
201512 November 2015

Non-prosecution agreement under the US Department of Justice Swiss Bank Program, US-related undeclared accounts

The the US Department of Justice announced on 12 November 2015 that BIL (Suisse) SA, the Swiss subsidiary of Banque Internationale à Luxembourg, reached a non-prosecution agreement under the Swiss Bank Program. The the US Department of Justice stated the subsidiary maintained 267 US-related accounts since August 2008 and used hold mail, numbered accounts and insurance wrappers. The penalty of USD 9.71 million was paid by the Swiss subsidiary; the Luxembourg parent was not a party.

parent of respondent (the non-prosecution agreement was with the Swiss subsidiary Banque Internationale à Luxembourg (Suisse) SA, not with BIL S.A.)

BIL Switzerland is wholly owned by Banque Internationale à Luxembourg, a Luxembourg bank founded in 1856.

'BIL Switzerland has fully cooperated with the department in relation to the Swiss Bank Program.'

US Department of Justice (Swiss Bank Program, Category 2) · Resolution with admission · Penalty USD 9.7 million · Admission of the facts · Primary source
The bank at a glance

Identity, protection and services

Legal identity

Legal nameBanque Internationale à Luxembourg S.A.
LEI9CZ7TVMR36CYD5TZBS50
LicenceCredit institution under Luxembourg law (CSSF); ECB significant institution  Source
RegulatorCSSF
Legal formLicence holder
OwnerNot published

Ownership

Group parentLegend Holdings Corporation (联想控股股份有限公司) (listed, HKEX)  Source
ControlLegend Holdings Corporation, 90%; controlled by a single owner  Source
Holder of 10% or moreGrand Duchy of Luxembourg (State), 10.0% in Banque Internationale à Luxembourg S.A.  Source (31 December 2024)
Holder of 10% or moreChinese Academy of Sciences, 29.04% in Legend Holdings Corporation  Source

Ownership is shown as published, with its date. It describes who owns the bank; it does not, by itself, suggest any wrongdoing by the bank or its owners.

Financial strength, as reported

Credit ratingsNot published
Capital ratioNot published
SizeNot published

Services published for this booking unit

Private clients
Discretionary management
Advisory mandates
Custody only (execution and safekeeping)
Lombard lending
Mortgage lending
Multi currency accounts
Trust and fiduciary services
Family office services
Wealth planning
Consolidated reporting
External asset manager desk

Offered at this booking centreOffered by the group, not confirmed hereNot located, which does not mean unavailable
Checked on the bank's own pages, 2 November 2026.

Access and costs

Minimum relationshipNot published
US personsNot published
Fee schedulePublished  Source
Third party paymentsPublished  Source
Transfer out termsPublished  Source

Protection of client assets

Deposit protectionLuxembourg credit institutions are members of the FGDL: EUR 100,000 per depositor per institution, repaid within seven working days.
Custody lawLaw of 1 August 2001 on the circulation of securities: securities held on account are an intangible interest of the account holders and are claimed collectively from the liquidator, with any shortfall shared pro rata (Arts 3(1), 10(1), 10(2)). Rules on re-use were not located in the statute text read.
Custody termsPublished  Source
Your experience

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Our commitment to confidentiality

Your name, email and telephone number are seen only by the PPLI.com editor. They are never published, never passed to BIL or any other bank, and never used for marketing. We may contact you once to clarify your assessment. Once verified by our editors, your assessment can lead to a disclosed adjustment of this bank's PPLI.com rating. It is never published with your name.

Sources

  1. US Department of Justice (Swiss Bank Program, Category 2): justice.gov/opa/pr/justice-department-announces-two-banks-reach-resolutions-under-swiss-ba

For BIL

Before we publish a significant negative finding, we give the bank the facts and time to comment, on the same timetable for every bank. Corrections we verify are published with the date of the change. Write to [email protected] quoting reference BK-LU-BIL-A40963.

About this file

Researched by the PPLI.com research desk from the public sources listed. The rating is our editorial opinion; read how we rate.

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
Rating signed by Noam Cohen, Editor, Bank IntelligenceReviewed 2 November 2026Methodology 2.3Reference BK-LU-BIL-A40963
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