Banque Centrale du Luxembourg
Encyclopedia
The Central Bank of Luxembourg is the central bank
of Luxembourg
. It was founded in 1998, at the same time the European Central Bank
was created, by laws dated 22 April and 23 December. It is part of the European System of Central Banks
(ESCB).
The head office of the Banque Centrale du Luxembourg is located on Boulevard Royal
.
Central bank
A central bank, reserve bank, or monetary authority is a public institution that usually issues the currency, regulates the money supply, and controls the interest rates in a country. Central banks often also oversee the commercial banking system of their respective countries...
of Luxembourg
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...
. It was founded in 1998, at the same time the European Central Bank
European Central Bank
The European Central Bank is the institution of the European Union that administers the monetary policy of the 17 EU Eurozone member states. It is thus one of the world's most important central banks. The bank was established by the Treaty of Amsterdam in 1998, and is headquartered in Frankfurt,...
was created, by laws dated 22 April and 23 December. It is part of the European System of Central Banks
European System of Central Banks
The European System of Central Banks is composed of the European Central Bank and the national central banks of all 27 European Union Member States.-Functions:...
(ESCB).
The head office of the Banque Centrale du Luxembourg is located on Boulevard Royal
Boulevard Royal
Boulevard Royal is a street in Luxembourg City, in southern Luxembourg. The boulevard is a one-way arterial road that runs around the northern and western parts of the city centre, Ville Haute...
.