Becoming who we are
NORD/LB Luxembourg Covered Bond Bank
After the merger of NORD/LB Luxembourg with its subsidiary company NORD/LB Covered Finance Bank on 31 May 2015 the merged special bank will operate under the name of NORD/LB Luxembourg Covered Bond Bank.
This Fokus will take us back to the original remit of NORD/LB CFB – we will be a covered bond bank in the trust sense of the term. By issuing covered bonds in accordance with Luxembourg law, we will continue to play our part in refinancing the NORD/LB Group's core business.
We accomplish this by using transparent and flexible products in a responsible manner and according to the Luxemburgish Covered Bond act to cover our clients financial needs as well as the requirements of covered bond investors exceptionally well.
NORD/LB Luxembourg S.A. Covered Bond Bank focuses on the following business segments:
Loans
- Lending business in cooperation with the Corporate Customer and Structured Finance divisions of the NORD/LB Group
Financial Markets & Sales
- Issue of covered bonds as a complementary component of the funding of the Group
- Interest rate, liquidity and currency management
- Fixed Income Relationship Management & Sales Europe
Client Services & B2B
- Full range of services for external asset management companies, such as account and deposit management
- Provision of additional services in the B2B segment