Central Bank of Luxembourg

The Central Bank of Luxembourg (, BCL; ; ) is the national central bank for Luxembourg within the Eurosystem. It was founded for that purpose in 1998, and also succeeded the Institut Monétaire Luxembourgeois in some of the latter's mandates.

The Central Bank of Luxembourg is not itself a financial supervisory authority but participates in European banking supervision as a member of the Supervisory Board of the European Central Bank, alongside the Commission de Surveillance du Secteur Financier.[3] It is also a member of the European Systemic Risk Board (ESRB).[4]

Former IML Management

  • Pierre Jaans (Director General of IML 1983–1998)
  • Raymond Kirsch (President of IML 1985–1998)[5]

Governors BCL

  • Yves Mersch (1998–2013)[6]
  • Gaston Reinesch (since 2013)[7]

See also

References

  1. Jan Weidner. The Organisation and Structure of Central Banks Katalog der Deutschen Nationalbibliothek, 2017^
  2. Bank Profitability: Methodological Country Notes 2000 OECD Publishing, 18 July 2000^
  3. Supervisory Board European Central Bank, retrieved 2025-11-21^
  4. List of ESRB Members and National Macroprudential Authorities European Systemic Risk Board, 2025-11-21^
  5. The Banque centrale du Luxembourg bcl.lu, retrieved 11 April 2024^
  6. Who wants to be boss of BCL? 11 December 2017^
  7. 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 2022-10-16^