News Luxembourg Credit: FundBank (Europe) S.A. authorised as a Luxembourg credit institution by the European Central Bank
Today, FundBank Group announced that the European Central Bank issued an authorisation on 16 December 2024, allowing FundBank (Europe) S.A.1 to take up the business of a credit institution under the Luxembourg act of 5 April 1993 on the financial sector, as amended. FundBank (Europe) S.A. will be directly subject to the prudential supervision of the Commission de Surveillance du Secteur Financier in Luxembourg.
News Luxembourg Credit: Luxembourg: A new hub for private credit funds?
Private debt funds, also known as private credit funds, have emerged as powerful investment vehicles, offering diversification and attractive risk-adjusted returns in today's challenging financial ...
News Luxembourg Credit: Niger Visit, Day 1: Luxembourg PM Highlights Need for Development, Defence & Diplomacy in Sahel
On Sunday 5 and Monday 6 June 2022, Luxembourg’s Prime Minister Xavier Bettel and the Minister for Development... }} ...
News Luxembourg Credit: Luxembourg MPs Give Green Light to Tripartite Solidarity Measures
On Wednesday 15 June 2022, the Chamber of Deputies (Luxembourg's parliament) adopted the bill transposing the... }} ...
News Luxembourg Credit: Islamic fund expansion outpaces global fund growth
Luxembourg has a broader Islamic mutual fund ... Furthermore, Saudi MMFs have experienced more recent credit volatility than European and US MMFs, with a default affecting the sector in 2020.
News Luxembourg Credit: Fitch Rating Agency Affirms Luxembourg at AAA
On Saturday 12 February 2022, Luxembourg's Ministry of Finance confirmed that the international credit rating agency Fitch has affirmed Luxembourg's credit rating at "AAA", with a stable outlook; the ...
