Bank Brussels Lambert Explained

Bank Brussels Lambert should not be confused with Groupe Bruxelles Lambert.

Bank Brussels Lambert
Image Alt:BBL in Brussels
Trade Name:BBL
Native Name:French: Banque Bruxelles Lambert
Dutch; Flemish: Bank Brussel Lambert
Predecessor:Banque de Bruxelles and Banque Lambert
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Fate:Acquisition by ING Group
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Hq Location:Av. Marnix 24
Hq Location City:City of Brussels
Hq Location Country:Belgium
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Owner:ING Group (since 1998)
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Subsid:Banque de Commerce S.A.

Bank Brussels Lambert (BBL, French: '''Banque Bruxelles Lambert''') was a prominent Belgian bank that was created in 1975 through the merger of Banque de Bruxelles and Banque Lambert, and was eventually acquired in 1998 by ING Group; however the name survived as part of Groupe Bruxelles Lambert, which controlled the bank prior to its acquisition.

Overview

The 1975 merger made BBL the second largest Belgian bank at that time. It provided retail and commercial banking services to individuals and businesses in Belgium, together with related financial products such as insurance and asset management.

In 2003, ING rebranded BBL as ING Belgium.[1]

The headquarters of BBL, now an office of ING Group, was the former head office building of Bank Lambert on Marnixlaan 24, Brussels. This modernist building was the only European building designed by the American architect Gordon Bunshaft making it one of the most important modernist architectural buildings in Belgium.

See also

Notes and References

  1. Web site: Belga . La BBL devient ING . 2022-11-04 . La Libre.be . fr.