KBL Monaco Private Bankers (formerly KB Luxembourg (monaco)) provides private banking and asset management tailor-made solutions to private and institutional clients.
KBL Monaco private bankers is the 15th largest bank in Monaco in terms of total assets. In 2016 its total assets were 416,15 mln EUR, providing the bank with the market share of 0.93%.
KBL Monaco private bankers participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.
| Total Assets (2016) |
|---|
| 416.15 mln EUR (-0.65%) |
In 2016 total assets of KBL Monaco private bankers were 416.15 mln EUR. Decline compared to the previous period (2015) was -0.65%. The evolution of the total assets of KBL Monaco private bankers is shown at Chart 1 below.
Chart 1. Total Assets of KBL Monaco private bankers.
| Total Assets (2016) |
|---|
| 15th (market share 0.93%) |
In 2016 KBL Monaco private bankers was the 15th largest bank in Monaco in terms of total assets, having 0.93% of market share.
Chart 2. Market share of KBL Monaco private bankers
Several banks with market shares closest to KBL Monaco private bankers are shown below.
| Rank | Name | Total Assets | Market Share |
|---|---|---|---|
| 14 |  Banca popolare di Sondrio (Suisse) | 431.97 mln EUR | 0.97% |
| 15 |  KBL Monaco private bankers | 416.15 mln EUR | 0.93% |
| 16 |  Andbank Monaco S.A.M. | 381.76 mln EUR | 0.86% |
| Deposit Guarantee |
|---|
| Yes (up to 100 000 EUR per depositor) |
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
Credit institutions operating in Monaco participate in French deposit guarantee scheme on the same terms as French credit institutions.
In the case of KBL Monaco private bankers failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
| Eligible Depositors | natural persons, legal entities |
| Covered Accounts | all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.) |
| Covered Currencies | EEA currencies |
| Maximum Protected Amount | 100 000 EUR |
| Paid In Currency | EUR |
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of KBL Monaco private bankers and its components are shown in the table below.
| BIC | KBLXMCMCXXX |
| Bank BIC Code | KBLX |
| Country Code | MC (Monaco) |
| Location Code | MC |
| Branch Code | XXX |
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of KBL Monaco private bankers is shown in the table below.
| MFI ID | FR13338 |
This bank operates in the following European countries and selected dependent territories of the European countries:
(this bank) KBL Monaco private bankers (Monaco)
