Central Bank of 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. For a few months in 1998, it was the issuer of the Luxembourg franc currency.

CentralbankofLuxembourg

HeadquartersBoulevard Royal, Luxembourg City

Established1 June 1998^[1]

Ownership100% state ownership^[2]

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

Central bank of	Luxembourg
Headquarters	Boulevard Royal, Luxembourg City
Established	1 June 1998[1]
Ownership	100% state ownership[2]
Governor	Gaston Reinesch
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.

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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]