CGD opens office in Luxembourg

After opening a representation office in South Africa earlier this year, Caixa Geral de Depósitos has now opened one in Luxembourg to better serve the enormous Portuguese community of 95,000 living in the grand duchy.

In a communiqué the bank said that it was opening its office on 5 October in the city of Luxembourg.
The goal of Caixa’s presence in Luxembourg is to “provide a local presence to resident customers in Luxembourg, as well as providing all the products and services available at the bank’s branches in Portugal, such as acquiring a property, business loans, savings, investments, pensions and other types of solutions”, says the bank.
CGD has a policy of having representation offices in countries where there are large Portuguese communities such as South Africa (Johannesburg), Germany (Berlin) — and offers weekly banking services in Cologne, Frankfurt, Hamburg, Stuttgart (Germany), Belgium (Brussels), Canada (Toronto), UK (London), Switzerland (Geneva, with commercial delegations in Zurich and Lausanne) and in Venezuela (Caracas).
The opening ceremony was done by the Portuguese ambassador to Portugal in Luxembourg, António Gamito, the Consul-General, Jorge Cruz and a Caixa executive director, José João Guilherme.
Also present were Portuguese business owners and community representatives resident in the duchy.