Banque et Caisse d'Épargne de l'État (Luxembourg)

The Banque et Caisse d'Épargne de l'Etat (BCEE) (or Spuerkeess, as it is known in its original tongue) is a commercial bank formed and controlled by the Luxembourgish government. It was founded in 1856. It was founded as a savings bank, but as time passed, it increased its capabilities, eventually becoming a full-service financial organization by Grand-Ducal Decree in 1944.

It now fulfills all of the tasks of a commercial bank, including private and retail banking. Its total assets are little over €46 billion ($51.2 billion), making it one among Luxembourg's major financial organizations.

Type: State-owned enterprise

Website: www.spuerkeess.lu