SPUERKEESS

Your bridge to life

Throughout 165 years of history, Spuerkeess has always had the ambition to meet and exceed the requirements of its customers:

  • A trusted partner: tradition and banking innovation since 1856.
  • A partner of proximity: the largest network of agencies and self-banking spaces in Luxembourg.
  • A partner who's listening: 1,800 employees to meet your needs and accompany you in your projects.
  • A strong partner: Standard & Poor's and Moody's international rating agencies have awarded Spuerkeess some of the best ratings in the world.
  • An experienced partner: our advisors offer you their know-how and experience in the international financial markets.

Since its foundation in 1856, the sole shareholder of Spuerkeess is the State of Luxembourg Aware of its mission to support the national economy, Spuerkeess strives to maintain an excellent financial solidity.

Long Term Deposit Rating

Moody’s

Rating

Standard & Poor’s

The loyalty of existing customers and the continuous arrival of new customers encourage us to continue our approach while we keep striving to be even closer to the needs of each and every client.

Françoise Thoma, Chief Executive Officer

The financial strength of Spuerkeess An important argument when looking for a trading partner for a long-term banking relationship.

Key figures 2024 in millions of Euros

Balance sheet
31.12.2023
31.12.2024
Variation
Total assets
56.324,2
57.155,3
+1,5%
Customer deposits
40.142,9
42.207,1
+5,1%
Debt securities in issue
3.837,5
2.833,2
-26,2%
Loans and advances to customers
26.967,7
27.190,9
+0,8%
Equity
4.815,5
5.367,0
+11,5%
Capital ratio
21,8%
23,1%
Profit and loss account
31.12.2023
31.12.2024
 
Operating income
1.070,8
1.171,8
+9,4%
Total general expenses
465,2
475,0
+2,1%
Net income
400,8
400,4
-0,1%

Report and balance sheet 2024 (French version only)

9,01 MB Download

Thanks to its experienced staff, Spuerkeess is regularly awarded for the excellent services offered

  • Spuerkeess seeks to be the partner of private customers as well as of commercial, craft and industrial companies, thanks to its strong and experienced teams, its network of branches covering the whole country and its ability to innovate.
  • Regular exchanges, transparency, understanding and trust continue to be the key elements of a successful and lasting partnership between the client and his banker.
  • The Bank remains attentive to its customers in order to keep offering services and products of optimum quality.

The Board of Directors of Spuerkeess

Seated from left to right: Mr THILL, Ms JAFFKE, Ms MARQUES and Mr FELLER; standing from left to right: Mr KRIER, Mr ZIGRAND, Mr FOHL, Mr AHMADZADEH and Ms BLINN.
(Ms SCHUMACHER is not present in the photo)

Mr. Camille FOHL
Chairman
 
Mr. Nima AHMADZADEH
Vice-Chairman*
 
Mrs. Bettina BLINN
Member
 
Mrs. Carmen JAFFKE
Member, Staff representative
 
Mr. Pierre KRIER
Member
 
Mrs. Marilène MARQUES
Member, Staff representative
 
Mrs. Chantal SCHUMACHER
Member**
 
Mr. François THILL
Member
 
Mr. Jean-Pierre ZIGRAND
Member
 

* Appointment as Vice-Chairman on 14 February 2025

** Appointment as member of the Board of Directors on 1 April 2025

Supervisory Commissioner

Mr. Luc FELLER

The Executive Committee of Spuerkeess

Françoise Thoma

Chief Executive Officer

Aly Kohll

Deputy Chief Executive Officer

Doris Engel

Executive Vice President

Olivier Wantz

Executive Vice President

Romain Wehles

Executive Vice President

The advisory boards of Spuerkeess

To assist Spuerkeess’s Board of Directors and Executive Committee in continuously identifying the needs of different types of customers and guiding the Bank’s business strategy, in September 2019 the Board of Directors established three advisory boards composed of prominent business leaders in Luxembourg.

As per 2024, the members of the various advisory boards are as follows:

“Retail Client” Advisory Board

Sister Danièle FALTZ
Mrs. Anne HARLES
Mr. Claude ROELTGEN

“Professional Client” Advisory Board

Mrs. Lynn ELVINGER
Mr. Roland KUHN
Mrs. Karin SCHINTGEN
Mr. Carlo FRIOB

“Institutional Client” Advisory Board

Mr. Frank MAUSEN
Mr. Keith O'DONNELL
Mr. Hugo WOESTMANN