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History

Founded in 1920, the history of Banque de Luxembourg is closely tied in with the rise of the financial centre of Luxembourg.

Banque de Luxembourg opens a branch in Belgium to meet the needs of clients from the Belgian province of Luxembourg.	Banque de Luxembourg Fund Research & Asset Management (BL FR&AM) brings together the bank's investment analytical and management expertise.	Following restructuring, Deutsche Bank sells its 28.95% holding in Banque de Luxembourg to CIC Group, which becomes a shareholder via the Banque Fédérative du Crédit Mutuel (CIC Group holding company).
Banque de Luxembourg launches Fund-Market S.A., the independent fund adviser. Fund-Market’s products and services were integrated into the Bank’s offer in 2010.	The bank opens its new head office at 14 Boulevard Royal, Luxembourg.	Banque de Luxembourg takes over the Luxembourg activities of CIAL.
Deutsche Bank Luxembourg S.A. becomes a shareholder in Banque Mathieu Frères, which changes its name to Banque de Luxembourg.	CIAL becomes a major shareholder in Banque Mathieu Frères.	Banque Mathieu Frères, the forerunner of Banque de Luxembourg, is founded.
Banque d'Alsace et de Lorraine, later Crédit Industriel d'Alsace et de Lorraine (CIAL), opens its first branch in Luxembourg.

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