The data displays the percentage change on previous year of net commission income of banks in Luxembourg in 2016, by country of origin of the bank. Luxembourg is an international financial center in the European Union, with over 140 international banks having an office in the country. In the most recent Global Financial Centers Index, Luxembourg was ranked as having the third most competitive financial center in Europe after London and Zürich. In 2016, only the Chinese and UK/US segments recorded a growth in their net commission result with 19% and 5.
Total market | -2.3 |
China | 19 |
United States of America/United Kingdom | 5.6 |
Luxembourg | -1.2 |
France | -9.4 |
Switzerland | -12.9 |
Germany | -20.1 |