Central Bank of Luxembourg

Central Bank of Luxembourg
Banque centrale du Luxembourg (in French)
HeadquartersBoulevard Royal, Luxembourg City
Established1 June 1998
Ownership100% state ownership
GovernorGaston Reinesch
Central bank ofLuxembourg
Reserves190 million USD
Preceded byInstitut Monétaire Luxembourgeois (IML)
Succeeded byEuropean Central Bank (1999)1
Websitewww.bcl.lu
1 The Central Bank of Luxembourg still exists but many functions have been taken over by the ECB.

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.