Arrêté ministériel du 6 mars 2023 autorisant ING Bank N.V., Lancy/Geneva Branch, dont le siège social est à Petit-Lancy/Genève (Suisse), à se faire consentir des gages sur fonds de commerce. | http://data.legilux.public.lu/eli/etat/adm/amin/2023/03/06/b806/jo — Luxembourg law | Esheria

Arrêté ministériel du 6 mars 2023 autorisant ING Bank N.V., Lancy/Geneva Branch, dont le siège social est à Petit-Lancy/Genève (Suisse), à se faire consentir des gages sur fonds de commerce.

This ministerial order authorizes ING Bank N.V., Lancy/Geneva Branch to be granted pledges over business assets in Luxembourg.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Order
Citation
http://data.legilux.public.lu/eli/etat/adm/amin/2023/03/06/b806/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
View official record ↗
authorization business assets collateral commission caps default/late-payment clauses loan interest rates pledges security interests

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Statute overview

About this statute

This ministerial order authorizes ING Bank N.V., Lancy/Geneva Branch to be granted pledges over business assets in Luxembourg. ING Bank N.V., Lancy/Geneva Branch may have pledges on business assets, subject to the conditions in Article 2. Interest on foreign-currency and EUR loans is capped, and a loan commission cannot be renewed or exceed 0.5%. A penalty clause may not worsen the debtor’s position for late repayment or late interest payment. This article says the order will be published in Luxembourg’s official journal.