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Strengthened relations between Bank of Luxembourg and BNP Paribas Securities Services.

  • 15.03.2002
After France and Turkey, Bank of Luxembourg has chosen the MDCC sites in Spain and Italy as its custodian in those markets.

The MDCC (Multi-Direct Clearing and Custody) business line of BNP Paribas Securities Services (a specialized securities subsidiary of the Group) offers direct access to the major European markets for clearing and custody services.

This new deal for BNP Paribas Securities Services is fully in keeping with the business strategy defined by Bank of Luxembourg.
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