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. 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). More information...
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