This collaboration was announced on the evening of May 31st 2018, at BCEE’s evening event “At the heart of Luxembourg’s Financial Centre: Luxembourg securitisation – an efficient tool for structuring”, which was well attended by 200 representatives of Luxembourg’s financial community. The evening event included presentations from PwC, Allen & Overy, Universal Investments and CrossLend. All centred around securitisation under the Luxembourg Law of 2004.

CEO & Founder of CrossLend, Oliver Schimek: “This partnership solidifies our presence in Luxembourg and adds a further stable and long-term partner to our business. BCEE, one of the most prestigious financial institutions in Europe, and of such great importance locally, has again proven to us that we have a great deal of support from the Luxembourg ecosystem – coming after two investments from the Luxembourg Future Fund.”

Head of Institutional Relationship Management at BCEE, Alain Uhres, said: “Cooperating with CrossLend is yet another way in which we are supporting our institutional clients and Luxembourg’s securitisation market. I think that securitisation is a growing market in Luxembourg and that a legal framework exists ensuring legal certainty, which is of the utmost importance for investors. BCEE has always supported the Luxembourg economy and this most recent collaboration is further evidence of this.”