BNP Paribas increases lending to €9 billion in Luxembourg
Mortgages, corporate loans up at French bank's Luxembourg retail arm
nadia di pillo and hannah brenton
06.02.2018
French bank BNP Paribas' retail banking arm in Luxembourg reported a 7.4% increase in outstanding loans last year to reach €9 billion.
In its annual results, the bank said there had been robust growth in mortgages and corporate loans at BGL BNP Paribas, and deposits were up 15.4% particularly for corporates.