With the aim to provide home building funds at inexpensive conditions for government employees, the Oeuvre CGFP d’Epargne-Logement decisively worked toward enabling the BHW Bausparkasse AG to commence activities in Luxembourg.
After signing a co-operation contract, BHW began operations on the 1.February 1977 as the first Bausparkasse with a branch in the Grand Duchy of Luxembourg.
Thanks to the good co-operation between CGFP and BHW, we look back on nearly 40 years of successful development to the benefit of state employees.