The Central Bank of Luxembourg ( , BCL; ; ) 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.
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. It is also a member of the European Systemic Risk Board (ESRB).
Former IML Management Pierre Jaans (Director General of IML 1983–1998) Raymond Kirsch (President of IML 1985–1998)
Governors BCL Yves Mersch (1998–2013) Gaston Reinesch (since 2013)
See also List of banks in Luxembourg Economy of Luxembourg Luxembourgish franc List of central banks
References
Ernest Mühlen, Monnaie et circuits financiers au Grand-Duché de Luxembourg, Université Internationale de Sciences Comparées, Luxembourg, 1968. Roger Croisé, René Link, La législation monétaire au Grand-Duché de Luxembourg de 1815 à nos jours, Edition Lux-Numis, Luxembourg,1988, 639 p.
External links
Official site of Banque centrale du Luxembourg European Central Bank