DekaBank Deutsche Girozentrale, succursale de Luxembourg

DekaBank Deutsche Girozentrale, succursale de Luxembourg is the Luxembourg branch of DekaBank Deutsche Girozentrale, part of Germany’s Savings Banks Finance Group. The branch operates under the EU passport for credit institutions; prudential supervision of the institution is conducted at group level by the European Central Bank in cooperation with BaFin and the Deutsche Bundesbank, while the Commission de Surveillance du Secteur Financier (CSSF) oversees the branch’s activities in Luxembourg. Its business is geared to institutional and professional clients and centers on securities and fund-related banking, including depositary and custody services for UCITS and AIFs, safekeeping and asset servicing, cash management, treasury and repo transactions, securities lending, execution and settlement, and financing solutions linked to investment funds and capital markets. It does not target mass‑market retail banking in Luxembourg. Eligible deposits booked to the branch are protected by the institutional protection scheme of the German Savings Banks Finance Group, which is recognized as a statutory deposit guarantee scheme under EU law (coverage generally up to EUR 100,000 per depositor); the branch is not covered by Luxembourg’s Fonds de garantie des dépôts Luxembourg (FGDL). The institution falls under the Single Resolution Mechanism, and public disclosures such as audited financial statements and Pillar 3 reports are published at group level. Customer complaints are handled under the branch’s internal procedure, with the option to escalate to the CSSF for out-of-court resolution.