Carlo Thelen blogs on economy & “the duty to seduce”
Carlo Thelen, Director General of the Luxembourg Chamber of Commerce, recently shared his thoughts on how to make our tax system more attractive.
Tag: Economy
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BCL: Consumer confidence continues to rise in June 2023.
The Banque centrale du Luxembourg’s consumer confidence indicator has continued to rise in June.
Luxembourg joins 16 Member States in pledging support for EIB’s Ukraine Fund
The European Investment Bank (EIB) and the ministers of 16 EU countries signed expressions of intent for the EIB EU for Ukraine Fund in support of Ukraine’s agenda for recovery and reconstruction.
ArcelorMittal reports first quarter 2023 results
Luxembourg, May 4, 2023 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results1 for the three-month ended March 31, 2023.
General Members News BIL 2020 Results: Investing For The Future
In 2020, BIL Group demonstrated its resilience and support to the economy in a context marked by the health crisis. Net income after tax : EUR 101 million, -10% (EUR 112 million in 2019) Assets under management : EUR 43.7 billion (EUR 43.5 billion in 2019) Total balance sheet : EUR 6 billion, +8.9% (EUR 28.1 billion in 2019) Customer deposits:
General Members News BIL delivers strong 2019 results
Banque Internationale à Luxembourg SA (BIL) announced its financial results for the year 2019. BIL recorded a good performance of all business lines with a 20% increase in core operating net income before tax. Core operating net income before tax: EUR 136 million, +20% (EUR 114 million in 2018). Assets under Management: EUR 43.5
