Central Bank of Luxembourg

Not to be confused with Banque de Luxembourg.

The Central Bank of Luxembourg (French: Banque centrale du Luxembourg [bɑ̃k sɑ̃tʁal dy lyksɑ̃buʁ], BCL; German: Luxemburger Zentralbank [ˈlʊksm̩ˌbʊʁɡɐ tsɛnˈtʁaːlbaŋk]; Luxembourgish: Zentralbank vu Lëtzebuerg) 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.

Central Bank of Luxembourg
Banque centrale du Luxembourg (in French)

Headquarters	Boulevard Royal, Luxembourg City
Established	1 June 1998[1]
Ownership	100% state ownership[2]
Governor	Gaston Reinesch
Central bank of	Luxembourg
Reserves	190 million USD[2]
Preceded by	Institut Monétaire Luxembourgeois (IML)
Succeeded by	European Central Bank (1999)1
Website	www.bcl.lu
1 The Central Bank of Luxembourg still exists but many functions have been taken over by the ECB.

Former IML Management

• Pierre Jaans (Director General of IML 1983–1998)
• Raymond Kirsch (President of IML 1985–1998)^[3]

Governors BCL

• Yves Mersch (1998–2013)^[4]
• Gaston Reinesch (since 2013)^[5]

See also

• List of banks in Luxembourg
• Economy of Luxembourg
• Luxembourgish franc
• List of central banks