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BCEE meaning in General ? |
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Answer» What is Banque et Caisse d'Epargne de l'Etat mean? The State Bank and Savings Fund (French: Banque et Caisse d'Épargne de l'État), also known by its Luxemburgish name Spuerkeess (lit. 'Savings Bank'), is the leading national financial institution founded in 1856 and governed by the law of March 24, 1989. BCEE is a commercial bank wholly owned by the government of Luxembourg. Nowadays, it provides all the functions of a commercial bank, including retail banking and private banking. In terms of total assets BCEE is the third-largest bank in Luxembourg and the largest bank with domestic capital. reference |
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