| Apple Pay Coming to BIL’s Customers - Offering an Easy, Secure and Private Way to Pay | https://www.bil.com/en/bil-group/pressroom/news/Pages/Apple-Pay-Coming-to-BIL-Customers.aspx | Apple Pay Coming to BIL’s Customers - Offering an Easy, Secure and Private Way to Pay | | <p>Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.</p>
<p>Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by credit and debit cards. In stores, Apple Pay works with iPhone SE, iPhone 6 and later, and Apple Watch.</p>
<p>Online shopping in apps and on websites accepting Apple Pay is simple with Touch ID, or just double-click the side button and glance at your iPhone X to authenticate with Face ID. There’s no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information with Apple Pay. When paying for goods and services on the go in apps or Safari, Apple Pay works with iPhone 6 and later, iPhone SE, iPad Pro, iPad (5th Generation), iPad Air 2, and iPad mini 3 and later. You can also use Apple Pay in Safari on any Mac introduced in or after 2012 running macOS Sierra and confirm the payment with iPhone 6 or later or Apple Watch, or with Touch ID on the new MacBook Pro.</p>
<p>For more information on Apple Pay, visit: <a href="https://www.apple.com/lu/apple-pay/" target="_blank">www.apple.com/lu/apple-pay/</a></p> | 1/21/2020 10:00:00 AM | EN | BIL today brings its customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient. | | |
| BIL capital increase to boost growth | https://www.bil.com/en/bil-group/pressroom/news/Pages/BIL-capital-increase-to-boost-growth.aspx | BIL capital increase to boost growth | | <p>The capital increase finalized today in an extraordinary general meeting represents an important milestone in the implementation of the key priorities of BIL’s 5-year strategic plan. Backed by the strong commitment of its main shareholders, it will allow the Bank to continue the successful building up of its local commercial activities, including the loan portfolio to support Luxembourg’s economy, and to further develop its business growth in some international markets.</p>
<p>The new shares were issued to existing shareholders of the Bank, in the proportion of the capital represented by their shares.</p> | 12/16/2019 1:00:00 PM | EN | Banque Internationale à Luxembourg today announces a capital increase of 58 million euros to support the growth of its local commercial activities and its international business. | | |
| BIL teams up with Quilvest Capital Partners to expand its real estate investment offering | https://www.bil.com/en/bil-group/pressroom/news/Pages/BIL-teams-up-with-Quilvest-Capital-Partners-to-expand-its-real-estate-investment-offering.aspx | BIL teams up with Quilvest Capital Partners to expand its real estate investment offering | | <p>While bond yields are stuck at historic lows, valuations of other traditional asset classes seem to have peaked. In this world of low returns, investors are keen to diversify their portfolio with long-term investments. The private markets, especially real estate private equity, are where institutional investors and family offices have long turned to in this type of financial environment.</p>
<p>Following an initial successful foray in private equity, which demonstrated the keen interest of the Bank’s clients for alternative investment opportunities, BIL is expanding its real estate investment offering.</p>
<p>The advantages of this asset class are undeniable. As well as solid growth potential, the sector is also a means of diversifying investment portfolios, alongside traditional equities and bonds. Moreover, some real estate strategies have the additional benefit of being less exposed to economic cycles and helping protect investors’ capital against inflation over the long term.</p>
<p>In order to offer its clients the best solution in this class, BIL’s partner of choice is Quilvest Capital Partners, a highly regarded firm in alternative asset management with a track record spanning more than 45 years. The aim of this partnership is to offer clients “value-add” real estate investments in Europe, which form the core of Quilvest Capital Partners' real-estate investment strategy. “Value-add” strategies focus on modernising and making properties acquired across a range of commercial real-estate segments ESG-compliant.</p>
<p>“<i>The current situation on financial markets is particularly complex and investors are keen to find innovative solutions. We are convinced that our offering developed with Quilvest Capital Partners will meet our clients’ needs,</i>” explains Fabien Machard, Head of UHNWI Entrepreneurs & Intermediaries at BIL.</p>
<p>“<i>We’re delighted to work on this real estate investment offering with BIL, one of our major long-standing partners. We specialise in “value-add” strategies, which in this low-rate environment in Europe offers a very appealing risk/return ratio,</i>” said Emile Zakhia, Head of Development, Quilvest Capital Partners.</p> | 12/13/2019 11:00:00 AM | EN | Banque Internationale à Luxembourg is expanding its range of real estate investment products, teaming up with Quilvest Capital Partners, a highly regarded asset and wealth management firm. | | |
