RU | EN
News
Banks

Dexia Banque Internationale a Luxembourg

Luxembourg,
Luxembourg National Rating [2],
World Rating [179].

Credit Rating :

S&P’s: AA;A-1+; Fitch: AA+;F1+

History:

The oldest bank in the  country, established in 1856; member of Dexia banking group, which includes Dexia Bank in Belgium and Dexia Credit Local in France. Presently the Bank plays major role in financials sector of Luxembourg. The staff is 17 112 persons.

Shareholders:

The Bank is a joint stock company, with its shares listed by the world major markets. The shareholders are large state-owned and commercial banks.

Types of Accounts:

Private (numbered) and corporate.
Opening Balance:

75 000 Euro. The money can be deposited within a month.

Minimum Deposit:

75 000 Euro, however the Bank assumes that the amount deposited on the account, will be increased. No transactions are allowed unless in exceptional cases and for personal reasons.  

Service Fees:

Average, typical for the banking services fees set by banks of Luxembourg.    

Execution of Payments:

Date of valuation is the first day. The operational day is over at 16 o’clock Moscow time.

Account Management:

For corporate accounts: fax + confirmation by phone call

Time of opening a bank account:

One week

Personnel:

Russian-speaking; other Bank’s officers speak Polish, Hungarian and other European languages  

Credit Cards:

Available

Other banking products:

The Bank handles operation with all banking products: letters of credit, guarantees, checks , etc.

Profitability/reliability of investment products:

Vast choice of traditional programs with various profitability. To form a portfolio, the Bank has to be advised on the percentage of money for deposit, obligations, shares. To discuss investment possibilities with clients, the Bank’s financial consultants are available for regular visits to the clients in their resident countries.

Visit to the Bank:

Not required. But it is strongly recommended to facilitate the opening of account. 

Account Opening procedure:

The client’s signatories on the banking forms, copies of passport and other documents’ copies are certified by the Bank.

Required Documents:

Copy of passport, corporate documents

Nature of Accounts:

Saving  

Our Evaluation (max 10):

6

 

Ireland Will Not Budge On Corporate Tax Rate

5/20/2012 7:07:00 AM

Hiking Ireland’s corporation tax rate is not in the country’s interests, Prime Minister Enda Kenny has said, a sentiment backed up by his deputy and Finance Minister, who have also stressed that Ireland remains firm in its position on the tax.
read more >>

FAQ
What is offshore?

The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.

read more >>

Portfolio of Laws
- BVI - Trustee (Amendment) Act, 2003

- Cayman Islands - The Companies Law (CAP.22) - (2002 Revision)

- Cyprus - The Income Tax Law of 2002

more laws >>

Comparison Table >>
60 Cannon Street, London, EC4N 6NP,
tel.+44 207-002 1304, +44 207-002 1305, E-mail: gsl@gsl.co.uk
G.S.L. Law & Consulting