Banque Nagelmackers

{{Infobox company

| name = Banque Nagelmackers nv

| native_name =

| image = Nagelmackers HQ - Rue Montoyerstraat.jpg

| founded = {{start date and age |1747}}

| founder = Pierre Nagelmackers

| industry = Banking

| aum = 13,24 billion EUR

| owner = Caisse d'Epargne Hauts de France (100%)

| num_employees_year =

| logo = Nagelmackers logo.svg

| key_people = David Yuan (CEO)

| location = Rue Montoyer 14

| location_city = Brussels

| location_country = Belgium

| website = {{URL|https://www.nagelmackers.be}}

}}

Nagelmackers is a private bank in Belgium, the oldest in the country and the 14th oldest surviving bank in the world.{{cn|date=November 2023}} It focuses on wealthy individuals and families, relying on a network of local offices. In July 2024, It was purchased from China's Anbang by {{lang|fr|Caisse d'Epargne Hauts de France}}, a local bank of Groupe BPCE in the Northern French region.{{cite web |website=MandA.be |date={{date|2024/07/22}} |url=https://manda.be/article/french-banking-group-bpce-buys-bank-nagelmackers/ |title=French banking group BPCE buys Bank Nagelmackers}}

History

Nagelmackers was founded in 1747 in Liège by Pierre Nagelmackers (1705-1780) and developed by his son Gérard Nagelmackers (1731-1798). In 1810, it purchased a building on Place de Louvain 12 in Brussels,{{citation |url=https://orbi.uliege.be/bitstream/2268/144135/1/Nagelmackers.pdf |publisher=University of Liège |title=Inventaire des archives de la famille Nagelmackers |author=Cécile Oger, Nicole Caulier-Mathy and Nicole Haesenne-Peremans |year=2012}} which it had rebuilt in 1870 on a design by architect {{ill|Antoine Trappeniers|fr}} and eventually became its head office.{{cite web |website=Région de Bruxelles-Capitale / Inventaire du Patrimoine Architectural |title=Place de Louvain 12 |url=https://monument.heritage.brussels/fr/Bruxelles_Pentagone/Place_de_Louvain/12/33639 }} The Nagelmackers family was instrumental in promoting the Liège International Exposition in 1905. In 1910, it was restructured into a partnership {{langx|fr|société en commandite simple}} under the name {{lang|fr|Nagelmackers Fils & Cie}}. In 1935, financier {{ill|Paul de Launoit|nl|Paul Auguste Cyrille de Launoit}} purchased shares in the bank from several members of the Nagelmackers family. It was rebranded {{lang|fr|Banque Nagelmackers 1747}} in the 1970s, with reference to the date of its founding.{{cite web |website=Members Only |author=Philippe Janssens |url=https://www.members-only.be/autre/nagelmackers-une-histoire-belge-pas-comme-les-autres/ |date={{date|2023/07/17}} |title=Nagelmackers : une histoire belge pas comme les autres}} By the late 1980s, it still kept its registered office ({{langx|fr|siège social}}) in Liège (Place de la Cathédrale 18), even though its main center of operations was in Brussels (Place de Louvain 12) with a third main seat in Namur (Rue des Dames Blanches 24).{{citation |title=La société d'une personne à responsabilité limitée |journal=Revue du Notariat Belge |date=October 1987 |url=https://bib.kuleuven.be/rbib/collectie/archieven/rnb/1987-2776.pdf |author=Banque Nagelmackers 1747}}

After 243 years in independent operation, Nagelmackers went into several successive changes of ownership. In 1990, its banking business was acquired by Banque Nationale de Paris. In 1994, BNP in turn sold it to Belgian insurer {{ill|P&V Verzekeringen|nl}}. In 2001, P&V sold it to Dutch insurer Delta Lloyd, which in 2005 replaced the Nagelmackers brand with Delta Lloyd Bank. Also in 2005, Delta Lloyd sold the bank's operations in Luxembourg to Banque Degroof.{{cite web |website=Wealth Briefing Asia |url=https://www.wealthbriefingasia.com/article.php?id=2230 |title=Belgium Private Bank Buys Luxembourg Private Bank |date={{date|2005/09/29}} }} In December 2014, Delta Lloyd announced the sale of its banking arm to Anbang, which closed the transaction a few months later and revived the Nagelmackers brand in October 2015.{{Cite web |last=Times |first=The Brussels |title=The promised instant bank transfer is now ready for rollout |url=https://www.brusselstimes.com/54210/instant-payments-start-today |access-date=2024-03-31 |website=www.brusselstimes.com |language=en}} In 2022, amid a downsizing program, Banque Nagelmackers moved to a new head office on Rue Montoyer 14 in Brussels.

File:Sépulture Familliale Ngalemackers.jpg|Family tomb of the Nagelmackers family in Angleur near Liège

File:Brussels Nagelmackers Louvain.jpg|Building at Place de Louvain 12 in Brussels, the Brussels office of Nagelmackers until the 1990s

File:Brussels Nagelmackers Lobby.jpg|Entrance lobby at Place de Louvain 12

File:Sunny Nagelmackers.jpg|Building at Avenue de l'Astronomie 23 in Brussels, Nagelmackers head office from the 1990s until 2022

Operations

As of mid-2021, Nagelmackers had 22 branches and 41 independent agents.{{cite web |url=https://www.nagelmackers.be/fr/a-propos-de-nous/actualites/detail/un-nouveau-siege-durable-pour-nagelmackers |author=Marjorie Hoyaux |title=Un nouveau siège durable pour Nagelmackers |date={{date|2021/07/01}} }}