BIL Reviews

Updated 7 May 2020

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3.6
69%
Recommend to a Friend
26%
Approve of CEO
  1. "Nice experience"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Business Analyst in Luxembourg
    Recommends
    Positive Outlook

    I worked at BIL full-time for more than a year

    Pros

    Easy to experience new tasks Good ambiance Reputation International dimension Salary

    Cons

    Administrative Slow Political Old-fashioned Lack of organization

  2. "Associate Software Engineer"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Software Engineer in Luxembourg
    Recommends
    Positive Outlook

    I worked at BIL full-time for more than a year

    Pros

    Good salary Good advantages Good teams and ambience

    Cons

    Like in any bank, very politic

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  3. "Ahit"

    5.0
    Former Employee - Business Analyst in North Kensington, England

    I worked at BIL full-time for more than 10 years

    Pros

    Very nice in money point of view

    Cons

    Very long hours which are tiring

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  4. Helpful (3)

    "If you have a good profile, minimum standards and career ambitions don't come close"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Manager 
    Doesn't Recommend
    Negative Outlook

    I worked at BIL full-time for more than 3 years

    Pros

    Cantine availability and its prices even though it has been constantly degrading in quality according to 'older' employees

    Cons

    No startegy nor vision No competent top or middle management, most have very local 'village' experience and happen to end up there because they knew the right people Very political despite its small size, people spend their time digging other colleagues grave to maintain their positions, they know no one out there would hire them due to the very low average level of competence within the bank All competent people or those who have had good inernational education and experience leave in less than a year, willingly for the most, pushed out for the rest by the fear of the 'older' staff of making them look incompetent and slow (I personally have seen the departure of a dozen competent employees who have spent on average no more than 2 years, one of them just after moving to Luxembourg and having a baby born, he ran with it in less than 4 months Very political between Luxembourgish who hate everyone else, Belgium who hate even each other Flemish vs French, and French from North France villages who hate almost all the others too, not to mention racism and open descrimination towards minorities especially the dark ones endless game of attacking each others image at the coffee machine using the fact that feed-back is subjective and not constructed in objectives, criteria of reaching them and means of reaching them, so it is a big fighting bazar If you have a promotion because you are competent you will have everyone turning their backs to you and you become the black sheep that will sooner or later go out Managers of units never worked in their domain of activities where they have now responsibilities, very common to most managers, you do the work, they watch, if something is wrong or if it is good but your enemies decided it is wrong (it is subjective, remember) you will be the one to blame, even if there is nothing wrong or nothing to blame, you will be retrogrades as fast as you came up Many ex-managers and head-of units have been retrograded, but they stay and they are bent on their desks with depressive faces waiting for retirement (most common subject of conversation in coffee machines after insulting others in their back) THe issue is that your managers will not understand even your potential and what you are capable of or even what you are saying to them, which makes brilliant people being treated same as the worst dummies, helpless, you will have to leave or suck it up No one approves of middle and top managers but nothing changes, clans are everywhere, fighting each other, by nationality and even worse by village sometimes, the last thing they worry about is work and productivity and creating something Many decision makers with contradictory decisions, no vision at the end, nothing is done, reactionary to the market rather than active or driver I had a senior manager position and I have seen all the above daily, ask yourself why this bank has failed twice in one single decade and why it is closing offices every year (London, Singapore, etc.) It is called Banque International Luxembourg but there is nothing international about it, only office in Luxembourg loosing money for two years in a row so far, No competitiveness since all european regulations cut the vans of dirty money which Luxembourg lived easily on for a decade or more, and an office in Switzerland and one in Denmark which live on few local clients completely independently from Lux and they refuse even to report to Luxembourg management, I have seen it as well in daily ops In short, if you accept to live in a village as sad and boring and empty culturally and emotionally as Luxembourg that can not attract talent (expensive, boring, no career, etc,), at least aim for a better company When I joined, the current staff told me we dont know if we congratulate you or if we be sad for you, I understood what they meant only few months later The bank has been bought recently by Legend Holding Group from the qatari who bought it after the second failure for pennies and sold it for 1,8 bn , they dont know how bad their investment will be... CEO fired and others but little will change simply because Luxembourg can not attract talented people and when they do they can not keep them due to all the above Big no recommend unless you want to be part of the third or fourth failure of the bank

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  5. Helpful (1)

    "Complete lost of time"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Luxembourg
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at BIL full-time for more than a year

    Pros

    Honestly? Not a single except perhaps the restaurant which is good value for money.

    Cons

    Meritocracy is a concept that is does not exist at the Bank. Most of the employees are spending their time in political games to keep their job or being promoted. The bank has no plan to evolve. The top and middle management is mediocre. The good employees either rapidly quit, or lose their self-motivation in less than one year time.

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  6. "Summer Intern"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BIL full-time

    Pros

    People who are really open for monitorship, Lunch and Learn event that enriches general information, networking drinks during the summer and every lunch.

    Cons

    Less well-defined task for interns, maybe also more training process and more layered interviews. More brochures about necessary shortcut specifically for the company would be fantastic

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  7. Helpful (1)

    "Nice people, shambolic management and lack of strategy"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Project Manager in Luxembourg
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at BIL full-time for more than 3 years

    Pros

    On the whole, the coworkers are very nice and the company has a real family feel to it.

    Cons

    Complete lack of a “one bank” culture. Instead silo thinking, networks etc prevail. Very francophone rather than international. Profess to be a meritocracy but in reality it’s all down to who you know

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  8. Helpful (1)

    "bank without concept"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Luxembourg
    Doesn't Recommend
    Neutral Outlook

    I have been working at BIL full-time for more than 3 years

    Pros

    in-house restaurant, parties, many coffee corners

    Cons

    meritocracy is an idle concept, no career development, some people are overworked whereas others enjoy chatting with colleagues in the coffee corners, no corporate culture

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  9. "Good work atmosphere"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Credit Risk Analyst in Luxembourg
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at BIL full-time for more than 3 years

    Pros

    Great team. Good work atmosphere. No need to stay late to pretend that you had any value. Doing the job right is enough. Heard from other colleagues that it was hard to get advancement.

    Cons

    Luxembourgish bank so not the best place if you are hoping for an international carreer. Political games between luxembourgish and the others.

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  10. "English language supervisor , IGCSE"

    4.0
    Former Employee - Translator, English Supervisor, Lecturer & Instructor in Berlin

    I worked at BIL full-time

    Pros

    I like team work and enthusiasm.I work with devotion and cooperation with my colleagues.I'm much into creativity and innovation.

    Cons

    I hate selfishness and vanity when it comes to finishing a task that is assigned to a team.Neglegence and reluctance are two downsides that ruin any business.

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Found 14 reviews
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