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This anniversary is an opportunity to revisit the major milestones that have helped us continuously transform the way we support our clients: from expanding access to banking services to reinventing the customer journey through digital innovation.<\u002fp>\r\n\r\n

A History of Progress for Our Clients <\u002fh2>\r\n\r\n
On 31 July 1856, the opening of BIL\u2019s - and the country\u2019s - first bank agency in the heart of Luxembourg City marked the beginning of a new financial era, with BIL also becoming the first institution in Luxembourg to issue banknotes. From day one, our mission has been to make banking more accessible, more transparent, and more supportive of people\u2019s lives and ambitions.<\u002fp>\r\n\r\n
Since 1856, the Bank has been closely aligned with every major transformation that shaped Luxembourg\u2019s social and economic landscape. By steadily expanding access to modern banking services, we have enabled individuals, entrepreneurs, and businesses to thrive, from the early days of industrialisation to the digital era.<\u002fp>\r\n\r\n
At the turn of the 20th century, as Luxembourg grew under the strength of the steel industry, BIL supported the industrial players who defined the country\u2019s economic identity. By contributing to the rise of major industrial enterprises, we helped lay the foundations for prosperity, progress that directly benefited generations of workers, families, and communities.<\u002fp>\r\n\r\n
BIL\u2019s story also mirrors the construction of the Grand Duchy\u2019s financial foundations. Our contribution to the creation of the Luxembourg Stock Exchange in 1929 helped open new financial opportunities for companies and investors, while the issuance of the world\u2019s first Eurobond in 1963 reshaped international markets and reinforced Luxembourg\u2019s reputation for innovation. <\u002fp>\r\n\r\n
After the Second World War, BIL supported the country\u2019s opening to the world through aviation and broadcasting, helping to bring new services, new connections, and new possibilities to our customers. <\u002fp>\r\n\r\n
With the inauguration of our Ind\u00e9pendance headquarters in 1989 and the creation of the Ind\u00e9pendance Foundation in 1999, we reaffirmed our long-term commitment to stability, culture, and community life in Luxembourg.<\u002fp>\r\n\r\n
From 2011 onward, the Luxembourg State\u2019s entry into BIL\u2019s shareholding recognised the Bank\u2019s strategic, systemic importance. In parallel BIL remained forward looking, becoming a founding partner of the Digital Tech Fund in 2016 and strengthening the country\u2019s ambition to position itself as a European hub for innovation and entrepreneurship.<\u002fp>\r\n\r\n

A New Era: Innovation Designed Around our customers<\u002fh2>\r\n\r\n
In recent years, our transformation has accelerated, always with one goal in mind: to make banking simpler, faster, and more intuitive for our clients.<\u002fp>\r\n\r\n
When the COVID 19 pandemic struck in 2020, BIL provided essential support to businesses and the self employed, helping preserve economic activity during a period of unprecedented uncertainty. <\u002fp>\r\n\r\n
In the following years, the deployment of our new Core Banking System presented significant challenges that affected our clients. This transition period tested us, but it also strengthened us. By listening carefully to customer feedback and mobilising teams across the Bank, we resolved the issues, stabilised the system, and transformed that difficult moment into a catalyst for improvement. <\u002fp>\r\n\r\n
Today, the platform delivers faster, secure, and more efficient services across all channels. The progress has been so significant that today, new clients can open a BIL account through a fully digital process and in just a few minutes. What was once a difficult experience has become the foundation for simpler, smoother, and far more intuitive banking.<\u002fp>\r\n\r\n
Since then, we have entered a new phase of innovation built around the opportunities of AI and digitalisation. This includes the launch of Berry, our AI powered assistant designed to simplify daily banking and provide instant, personalised support.<\u002fp>\r\n\r\n

Berry: your intelligent, AI-powered banking assistant<\u002fh2>\r\n\r\n
Recently launched, Berry helps clients access information instantly, navigate their daily banking more easily, and benefit from personalised support. This is a major step toward making banking more intuitive and more accessible for everyone.<\u002fp>\r\n\r\n

Instant, fully digital onboarding<\u002fh2>\r\n\r\n
In 2026, we introduced a breakthrough innovation: new clients can now open an account with BIL in just a few minutes, entirely online and without visiting a branch.<\u002fp>\r\n
This is a milestone in our commitment to offering a modern, seamless, and customer friendly experience.<\u002fp>\r\n\r\n\r\n \r\n
\r\n
Building Tomorrow Together<\u002fp>\r\n <\u002fdiv>\r\n\r\n
As we celebrate 170 years, BIL does more than honour its heritage: we reaffirm our commitment to shaping the future of banking in Luxembourg, with our customers at the centre of every innovation.<\u002fp>\r\n\r\n
Guided by our Building Tomorrow Together positioning and our 2025 2030 strategy, we remain focused on digitalisation, customer excellence, resilience, regional expansion, and operational simplicity.<\u002fp>\r\n\r\n
Because our story is not just about history, it is about progress towards the future and the people we serve. <\u002fp>\r\n\r\n
\ud83d\udd17 Look at some of BIL\u2019s history milestones<\u002fa><\u002fp>\r\n\r\n\r\n","BILInternetPublicationDate":"\/Date(1772816400000)\/","BILInternetLanguage":"EN","Description":"On 8 March 2026, Banque Internationale \u00e0 Luxembourg (BIL) marked its 170 years anniversary, a journey shaped not only by Luxembourg\u2019s development as a nation, but also by our constant commitment to meeting the evolving needs of our customers.","FileExtension":"aspx","SecondaryFileExtension":"aspx","OriginalPath":"https:\u002f\u002fwww.bil.com\u002fen\u002fbil-group\u002fpressroom\u002fnews\u002fPages\u002f170-years-of-bil-a-story-at-the-heart-of-luxembourg.aspx","PartitionId":"\/Guid(0c37852b-34d0-418e-91c6-2ac25af4be5b)\/","UrlZone":2,"Culture":"en-US","ResultTypeId":0,"RenderTemplateId":"~sitecollection\u002f_catalogs\u002fmasterpage\u002fDisplay Templates\u002fSearch\u002fItem_Default.js","DocId":31228,"QueryRuleId":"\/Guid(00000000-0000-0000-0000-000000000000)\/" },{ "Rank":0,"Path":"https:\u002f\u002fwww.bil.com\u002fen\u002fbil-group\u002fpressroom\u002fnews\u002fPages\u002fbil-unveils-independent-aif-depositary-strategy-led-by-newly-appointed-industry-experts.aspx","Title":"BIL Unveils Independent AIF Depositary Strategy Led by Newly Appointed Industry Experts","BILInternetContent":"
Banque Internationale \u00e0 Luxembourg (BIL), one of Luxembourg\u2019s leading financial institutions, announces a strategic repositioning of its services for Alternative Investment Funds (AIFs). Following the recent separation of its former AIFM and Central Administration service activities, the Bank is reaffirming its commitment to delivering AIF Depositary and banking solutions dedicated to AIFs and their fund managers.<\u002fp>\r\n
This repositioning sends a strong signal to the market: a renowned Luxembourg bank is now offering AIF Depositary services on a fully independent, non-competing basis, strengthening the ecosystem with a stable and neutral partner for alternative investment structures.<\u002fp>\r\n
BIL\u2019s repositioning centers on three core pillars:<\u002fp>\r\n\r\n
1. Independent AIF Depositary & Banking Services<\u002fh2>\r\n\r\n
BIL will provide fully independent AIF Depositary services to Alternative Investment Funds, complemented by banking solutions tailored to the operational, transactional, and treasury needs of alternative structures. The Bank will also deliver independent services to AIF managers and pursue collaborations with AIFMs and asset servicers on a strictly non-competing basis, reinforcing its role as a neutral and reliable industry partner.<\u002fp>\r\n\r\n
2. Senior Industry Leadership<\u002fh2>\r\n\r\n
To drive this strategic directory, BIL has appointed two senior fund-industry professionals to lead and expand its AIF Depositary offering:<\u002fp>\r\n\r\n
\r\n
Ms Florence Alexandre<\u002fb>, Head of AIF Depositary
<\u002fli>\r\n
Mr Philippe Lanciers<\u002fb>, Senior Business Development Manager, AIF Depositary
<\u002fli>\r\n<\u002ful>\r\n\r\n
Their extensive experience in depositary oversight, alternative assets classes, client engagement and governance frameworks, strengthens BIL\u2019s ability to deliver best-in-class services. Together, they will guide the Bank\u2019s next phase of growth in the alternative investment space.<\u002fp>\r\n\r\n
3. Technology & Market Engagement<\u002fh3>\r\n\r\n
The repositioning is further enabled by the deployment of integrated technology solutions designed to enhance efficiency, transparency, and reporting accuracy for clients and partners. In parallel, BIL will implement a targeted engagement plan, including participation in key industry events and the roll-out of thought-leadership initiatives across the alternative investment community.<\u002fp>\r\n\r\n
With its strong banking heritage, financial stability and renewed strategic clarity, BIL positions itself as a trusted, independent partner for AIFs, AIFMs, and asset servicers seeking long-term alignment, sector expertise, and non-competing collaboration.<\u002fp>\r\n\r\n
The move marks a new chapter for BIL, one rooted in independence, partnership, and a reinforced commitment to Luxembourg\u2019s alternative investment ecosystem.<\u002fp>","BILInternetPublicationDate":"\/Date(1772632800000)\/","BILInternetLanguage":"EN","Description":"The Bank strengthens its role as a neutral partner for alternative investment structures with strategic repositioning and expanded leadership.","FileExtension":"aspx","SecondaryFileExtension":"aspx","OriginalPath":"https:\u002f\u002fwww.bil.com\u002fen\u002fbil-group\u002fpressroom\u002fnews\u002fPages\u002fbil-unveils-independent-aif-depositary-strategy-led-by-newly-appointed-industry-experts.aspx","PartitionId":"\/Guid(0c37852b-34d0-418e-91c6-2ac25af4be5b)\/","UrlZone":2,"Culture":"en-US","ResultTypeId":0,"RenderTemplateId":"~sitecollection\u002f_catalogs\u002fmasterpage\u002fDisplay Templates\u002fSearch\u002fItem_Default.js","DocId":35089,"QueryRuleId":"\/Guid(00000000-0000-0000-0000-000000000000)\/" },{ "Rank":0,"Path":"https:\u002f\u002fwww.bil.com\u002fen\u002fbil-group\u002fpressroom\u002fnews\u002fPages\u002fbil-reignites-the-bamchallenge-planting-trees-growing-commitment.aspx","Title":"\ud83c\udf33 BIL Reignites the #BamChallenge: Planting Trees, Growing Commitment","BILInternetContent":"
Launched in late 2025, the #BamChallenge<\u002fb> has rapidly become a symbol of grassroots environmental engagement. It is a simple concept with meaningful impact: plant a tree, inspire others, and contribute to the country\u2019s green coverage, one gesture at a time.\r\nAt the end of 2025, Jeffrey Dentzer<\u002fb>, BIL\u2019s CEO, took part in the challenge, demonstrating the Bank\u2019s commitment to sustainability and collective responsibility. This act of leadership set the tone for what BIL stand for: taking concrete steps today to build a better tomorrow.<\u002fp>\r\n\r\n
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