BEST BANK
Banque Générale de Luxembourg
BEST EQUITY HOUSE
Deutsche Bank
Capital markets activity in Luxembourg is small compared with that in neighbouring countries. In debt, there was a sprinkling of issues by Luxembourg corporates but Banque et Caisse d’Epargne de l’Etat Luxembourg continues to swamp the bond market, with regular issues in a range of currencies.
Despite lower net profits in 2004, Banque Générale du Luxembourg (BGL), which is owned by Fortis, is still a dominant player in domestic banking.
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