NORD/LB Luxembourg has been firmly established in the financial centre of Luxembourg since 1972.
As a public limited company founded and located in Luxembourg, we are subject to Luxembourg law. Today, with more than 170 highly-qualified employees and a balance sheet total of over 16 billion Euros, we are one of the largest German euro banks located in Luxembourg which is the second smallest Member State of the EU.
The license for taking over business activity as the Luxembourg covered bond bank NORD/LB Covered Finance Bank S.A. was issued in May 2006. It is a 100% directly owned subsidiary of NORD/LB Luxembourg S.A. and constitutes the competence centre for international public finance within the NORD/LB Group.