KBL European Private Bankers - History

1980s

Berlin Wall falls, Japanese asset price bubble rises & global markets collapse on Black Monday

1981

First ECU loan granted

1981

First ECU loan granted

KBL is at the forefront of the implementation of the ECU, a new European currency. It is the first bank to grant a loan in ECU, for an Italian telecommunications company
1986

KBL invests abroad

1986

KBL invests abroad

In a clear sign of the focus of the Luxembourg-based bank on future geographic expansion, KBL invests in Brown Shipley Holdings, parent of UK-based private bank Brown Shipley & Co, which is wholly acquired by KBL six years later
1988

Jean Adant appointed CEO

1988

Jean Adant appointed CEO

Jean Adant is appointed CEO of KBL. With significant expertise in finance and banking, he leads the long-term reorientation of the group, making private banking a pillar of its operations