Saturday, September 10, 2022

Luxembourg, Luxembourg: State Bank and Savings Fund

First impressions are always important when visiting a new country. When arriving in Luxembourg, we left the bus on the other side of the valley from the center of town, and headed for the bridge. On the way, we passed this building.

Naturally, we had no idea what it was - the language barrier was part of the problem, but there were no signs of what it was. 

It turned out it was a bank. OK, it was the State Bank and Savings Fund. It was established in 1856, and it is wholly owned by the government of Luxembourg. Those who keep track of things say it is one of the safest banks in the world. Maybe that's why foreigners have been putting money there since 1862.

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