Number of banks in Luxembourg 1994-2017

The data displays the total number of banks in Luxembourg from 1994 to 2017. In 2017, there were 139 banks in the Luxembourg banking sector, most of which had Germany as their country of origin. Luxembourg is an international financial center in the European Union. The fund industry is one of the biggest in Europe. In 2016, for example, the total value of investments in private equity companies in Luxembourg amounted to approx. 465 million euro.