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BIL results don’t explain surprising sale rumour

Summary by luxtimes.lu
Banque Internationale à Luxembourg (BIL) reported lower revenue and profits for 2024, but an analyst at a major credit rating agency said lower earnings “was something we expected”, unlike the potential sale of its majority stake by Chinese investor Legend Holdings.
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BIL results don’t explain surprising sale rumour

Banque Internationale à Luxembourg (BIL) reported lower revenue and profits for 2024, but an analyst at a major credit rating agency said lower earnings “was something we expected”, unlike the potential sale of its majority stake by Chinese investor Legend Holdings.

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luxtimes.lu broke the news in on Friday, April 25, 2025.
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