The Official Spanish Chamber of Commerce in Belgium and Luxembourg recognises, in the VIII Edition of its “Company of the Year” awards, the great track record of Bankinter Luxembourg, which landed ten years ago in the Grand Duchy to complement its private banking strategy.
Through this award, the Chamber aims to contribute once again this year to the promotion of Spanish economic and business development in Belgium and Luxembourg, rewarding the experience and demonstration of leadership and competitiveness of companies in their sector of activity.
Thus, the Chamber has highlighted the international presence of a company that was the first Spanish bank with a banking licence to operate in Luxembourg, the country with the highest credit rating by the three rating agencies and which holds, among other achievements, second place in the world ranking in terms of both the volume of investment funds deposited and the highest GDP per capita ratio.
Bankinter chose Luxembourg because it is a country that fosters a solid culture of investor, economic and regulatory protection. The regulatory environment and the quality of supervision are two of the main reasons why financial firms choose Luxembourg as their EU headquarters.
For Héctor Esteban, General Manager of Bankinter Luxembourg, this award is “recognition of our activity in this country, where we were the first Spanish institution to set up our own bank. From this jurisdiction we have been able to offer a global and clearly differentiated financial proposal to our high net worth clients, as well as having a much more in-depth perspective of the international financial markets, which has been enormously useful for us”.
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