Investor Relations

State-backed strength, financial expertise and a sustainable vision

Our Investment Case

A public-law institution at the heart of the Luxembourg economy

Since 1856, Spuerkeess (Banque et Caisse d’Épargne de l’État, Luxembourg) has been the reference banking institution in Luxembourg. Our mission is to support the country’s economic development by providing reliable and accessible banking services to all participants in the economy. Our value proposition is built on the following pillars:

At the core of an exceptionally strong economy

Spuerkeess is a systemic and key player in the Luxembourg economy. We operate within a national ecosystem recognised for its dynamism, political stability and macroeconomic resilience.

A universal bank and market leader

As the country’s leading financial institution, we cover the full spectrum of financial needs through our retail banking, corporate banking, private banking and financial markets activities. This strong business diversification enables us to maintain dominant market positions.

An outstanding liquidity and solvency profile

Our commitment to best-in-class risk management practices, combined with our long-term growth strategy, translates into capital, solvency and liquidity ratios that rank among the most robust.

A sovereign shareholder rated AAA

Spuerkeess is an autonomous public institution wholly owned by the Luxembourg State. This unique shareholder structure anchors us to one of the very few countries worldwide benefiting from a top-tier AAA sovereign rating.

Credit Ratings

S & P Global - Ratings: Long Term, Short Term and Outlook
Standard & Poor’s Global
Ratings
Long Term
AA+
Court Term
A-1+
Outlook
Stable
Moody's - Investors service: Senior Unsecured Debt rating, Short Term Deposit rating and Outlook
Moody's - Investors service
Ratings
Senior Unsecured Debt rating
Aa3
Short Term Deposit rating
P-1
Outlook
Stable

Key figures

2025

EUR 59,6 billion

Total assets

EUR 586,8 million

Net income after tax

EUR 43,3 billion

Customer deposits

EUR 936,9 million

Net interest margin

189,9% LCR

Liquidity Coverage Ratio

EUR 29,2 billion

Loans and advances to customers

EUR 227,2 million

Net fees and commissions

138% NSFR

Net Stable Funding Ratio

26,87% Capital ratio

Common Equity Tier 1

44,8%

Cost/income ratio

Reports & Information

Annual Reports

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Half-Yearly Reports

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Pillar 3 Reports

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Other Investor Presentations

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Press Releases

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