BIL Manage Invest is a wholly owned subsidiary of Banque Internationale à Luxembourg.

Legend Holdings is a leading diversified investment group that is headquartered in Beijing, China, and listed on the Hong Kong Stock Exchange.

BIL is a long-term, strategic investment for Legend Holdings. Legend intends to develop the BIL brand in Luxembourg and internationally.

As at 31 December 2016, Legend Holdings had assets of EUR 43.92 billion, annual revenues of EUR 40 billion and 70,000 employees worldwide.

Founded by Legend Holdings in 1984, Lenovo acquired IBM’s global PC business in 2004, subsequently investing and growing the brand into a leading vendor of personal computers.

Legend Holdings will own 90% of BIL and will be represented on the Board of Directors once the acquisition has been approved by regulators and Legend’s shareholders.

The Grand Duchy of Luxembourg considers its holding in BIL to be a strategic investment and it does not intend to sell its stake in the medium term. It views BIL as a bank of systemic importance and it will contribute to consolidating BIL’s position as a strategic player in the financial services sector.

Luxembourg is one of the three euro zone countries with a AAA rating assigned by the S&P, Fitch and Moody’s ratings agencies.

The Grand Duchy of Luxembourg is also represented on BIL’s Board of Directors.

KEY DATA FOR BANQUE INTERNATIONALE À LUXEMBOURG SA, DECEMBER 2016


39.4

billion euros

Assets under Management

+4.5% compared with Dec 2016


13.3

billion euros

Loans

+10.8% compared with Dec 2016


16.3

billion euros

Deposits

+1.2% compared with Dec 2016


 

41

Service points in Luxembourg

♯3 in Luxembourg



 

71

Next-generation machines allowing real-time deposits

automated teller machines


117

million euros

Net income BIL Group


23.8

billion euros

Total balance sheet BIL Group


12.21%

CET 1 (transitory rules)

14.47% Tier 1