In collaboration with
Introduction
2023 marked yet another impressive year for Luxembourg's banking sector. Record numbers across the industry shaped the overall performance of Luxembourg banks, yet this did not come without its challenges. Geopolitical uncertainty, inflation, greater ESG compliance, and other challenges are demanding financial institutions to adapt and evolve for a more sustainable banking industry.
So how did your bank compare against others? With statistical analyses and data from over 70 of Luxembourg’s banking institutions, we invite you to delve into our data, discover financial trends, and learn about your bank’s positioning against others in Luxembourg’s financial ecosystem.
Key highlights
Listen to our experts discuss the key highlights and challenges of the Luxembourg banking industry in 2023.
1. Net interest income
Net interest income increased significantly – over 50% - in 2023 compared to 2022. This substantial increase occurred mainly due to interest rate hikes through decisions made by the European Central Bank. Along with liquidity replacements, bank profits increased greatly to EUR 8.9 billion (+85% compared to 2019, +43% compared to 2022).
2. Decreasing bank numbers
There was a slight trend of decreasing bank numbers due to consolidation, including mergers, transformation into branches, or full business closures. Recent trends in retail market activities suggest a potential downward pressure on the industry.
3. Talent attraction
The main challenges the sector will face are talent attraction to Luxembourg’s financial markets and regulatory requirements such as DORA, Pillar Two, and ESG compliance and reporting.
Interview with the Minister of Finance, Gilles Roth
Simply telling people how good Luxembourg is won’t cut it.
— Gilles Roth, Luxembourg's Minister of Finance
Read interviewPhoto: © 2024 Anouk Antony (Luxemburger Wort)
Banking insights
Delve deep into the key trends, challenges and opportunities shaping the banking sector in Luxembourg.
Interactive bank rankings 31 December 2023Close
Get the most from our banking insights report by filtering the data by factors that interest you.
- Overview
- Total assets
- Amount owed to customers
- Equity
- Net interest income
- Net fee and commission income
- Profit for the financial year
- Staff
Overview (rank by category) |
|||||||
|---|---|---|---|---|---|---|---|
| Bank | Total assets | Amounts owed to customers | Net interest income | Net fee and commission income | Profit for the financial year | Equity | Staff |
| BGL BNP Paribas S.A. | 2 | 2 | 2 | 7 | 2 | 1 | 1 |
| Banque Internationale à Luxembourg S.A. | 5 | 4 | 4 | 6 | 8 | 6 | 2 |
| Banque et Caisse d'Epargne de l'Etat, Luxembourg | 1 | 1 | 1 | 9 | 3 | 2 | 3 |
| Quintet Private Bank (Europe) S.A. | 15 | 11 | 10 | 4 | 21 | 12 | 4 |
| DZ PRIVATBANK S.A. | 6 | 5 | 14 | 11 | 13 | 11 | 5 |
| Société Générale Luxembourg | 3 | 3 | 9 | 8 | 4 | 4 | 6 |
| Banque de Luxembourg S.A. | 12 | 7 | 12 | 12 | 14 | 17 | 7 |
| ING LUXEMBOURG S.A. | 10 | 6 | 7 | 14 | 7 | 10 | 8 |
| RBC Investor Services Bank S.A./ CACEIS INVESTOR SERVICES BANK S.A. | 11 | 10 | 70 | 10 | 31 | 13 | 9 |
| Banque Raiffeisen Société Coopérative | 14 | 9 | 11 | 31 | 20 | 25 | 10 |
| Clearstream Fund Centre S.A. | 60 | 62 | 58 | 65 | 29 | 35 | 11 |
| CA Indosuez Wealth (Europe) S.A. | 9 | 12 | 18 | 16 | 35 | 23 | 12 |
| Clearstream Banking S.A. | 8 | 30 | 3 | 1 | 1 | 13 | 13 |
| Northern Trust Global Services SE | 20 | 13 | 22 | 5 | 22 | 16 | 14 |
| Edmond de Rothschild (Europe) | 26 | 17 | 17 | 22 | 19 | 43 | 15 |
| Brown Brothers Harriman (Luxembourg) S.C.A. | 67 | 62 | 64 | 13 | 23 | 51 | 16 |
| Bank Julius Baer Europe S.A. | 31 | 22 | 25 | 17 | 24 | 40 | 17 |
| Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. | 25 | 26 | 36 | 32 | 30 | 29 | 18 |
| Deutsche Bank Luxembourg S.A. | 4 | 19 | 5 | 70 | 5 | 3 | 19 |
| Crédit Suisse (Luxembourg) S.A. | 23 | 14 | 40 | 19 | 62 | 24 | 20 |
| Nomura Bank (Luxembourg) S.A. | 28 | 21 | 41 | 23 | 28 | 30 | 21 |
| Banque Degroof Petercam Luxembourg S.A. | 38 | 29 | 42 | 28 | 67 | 38 | 22 |
| European Depositary Bank S.A. | 46 | 33 | 37 | 25 | 33 | 54 | 23 |
| Banque J. Safra Sarasin (Luxembourg) SA | 18 | 15 | 16 | 21 | 12 | 27 | 24 |
| Intesa Sanpaolo Wealth Management S.A. | 32 | 24 | 31 | 29 | 44 | 42 | 25 |
| Lombard Odier (Europe) S.A. | 39 | 36 | 32 | 20 | 32 | 50 | 26 |
| China Construction Bank (Europe) S.A. | 30 | 50 | 33 | 41 | 38 | 26 | 27 |
| Advanzia Bank S.A. | 27 | 25 | 8 | 24 | 10 | 28 | 28 |
| EFG Bank (Luxembourg) S.A. | 29 | 20 | 26 | 27 | 17 | 41 | 29 |
| Mizuho Trust & Banking (Luxembourg) SA | 48 | 43 | 44 | 30 | 46 | 52 | 30 |
| HSBC Private Bank (Luxembourg) S.A. | 35 | 32 | 68 | 34 | 71 | 44 | 31 |
| Mitsubishi UFJ Investor Services and Banking (Luxembourg) S.A. | 21 | 18 | 19 | 18 | 11 | 21 | 32 |
| Intesa Sanpaolo Bank Luxembourg S.A. | 7 | 23 | 13 | 26 | 9 | 5 | 33 |
| John Deere Bank S.A. | 33 | 62 | 21 | 60 | 34 | 22 | 34 |
| Banque Havilland S.A. | 55 | 52 | 51 | 45 | 69 | 46 | 35 |
| Eurobank Private Bank Luxembourg S.A. | 36 | 27 | 24 | 53 | 27 | 37 | 36 |
| NORD/LB Luxembourg S.A. Covered Bond Bank S.A. | 19 | 28 | 23 | 71 | 70 | 19 | 37 |
| Union Bancaire Privée (Europe) S.A. | 37 | 31 | 29 | 33 | 40 | 32 | 37 |
| Bank GPB International S.A. | 42 | 37 | 27 | 54 | 51 | 33 | 38 |
| Banque de Patrimoines Privés S.A. | 56 | 46 | 49 | 42 | 50 | 60 | 39 |
| PayPal (Europe) S.à r.l. et Cie, S.C.A. | 16 | 62 | 6 | 3 | 6 | 9 | 40 |
| VP Bank (Luxembourg) S.A. | 41 | 35 | 46 | 40 | 48 | 53 | 41 |
| SMBC Nikko Bank (Luxembourg) S.A. | 57 | 49 | 63 | 39 | 26 | 45 | 42 |
| UniCredit International Bank (Luxembourg) S.A. | 44 | 40 | 47 | 51 | 58 | 36 | 43 |
| Bank of Communications (Luxembourg) S.A. | 50 | 56 | 45 | 62 | 49 | 39 | 44 |
| Swissquote Bank Europe SA | 54 | 42 | 43 | 48 | 45 | 56 | 45 |
| Rakuten Europe Bank S.A. | 70 | 59 | 65 | 43 | 68 | 67 | 46 |
| Banco Bradesco Europa S.A. | 47 | 44 | 30 | 47 | 39 | 34 | 47 |
| Agricultural Bank of China (Luxembourg) S.A. | 69 | 60 | 66 | 58 | 60 | 69 | 48 |
| Delen Private Bank Luxembourg S.A. | 49 | 38 | 57 | 15 | 15 | 48 | 49 |
| Natixis Corporate and Investment Banking Luxembourg | 34 | 55 | 28 | 69 | 37 | 18 | 50 |
| RiverBank S.A. | 63 | 54 | 50 | 64 | 64 | 65 | 50 |
| Mirabaud & Cie (Europe) S.A. | 59 | 53 | 53 | 36 | 63 | 68 | 51 |
| Banque Transatlantique Luxembourg S.A. | 51 | 41 | 55 | 52 | 53 | 58 | 52 |
| DNB Luxembourg S.A. | 40 | 34 | 39 | 59 | 41 | 47 | 53 |
| Bankinter Luxembourg S.A. | 53 | 45 | 52 | 44 | 43 | 57 | 54 |
| Andbank Luxembourg S.A. | 61 | 51 | 54 | 61 | 52 | 64 | 54 |
| RBS INTERNATIONAL DEPOSITARY SERVICES S.A | 71 | 62 | 67 | 50 | 59 | 71 | 55 |
| BTG Pactual Europe S.A. | 64 | 57 | 61 | 63 | 65 | 61 | 56 |
| Commerzbank Finance & Covered Bond S.A. | 24 | 39 | 20 | 2 | 42 | 14 | 57 |
| BPER Bank Luxembourg SA | 52 | 48 | 48 | 56 | 47 | 59 | 58 |
| CaixaBank Wealth Management Luxembourg S.A. | 58 | 47 | 56 | 49 | 56 | 66 | 59 |
| Sumitomo Mitsui Trust Bank (Luxembourg) S.A. | 62 | 62 | 59 | 57 | 55 | 62 | 60 |
| CIBC Capital Markets (Europe) SA | 45 | 62 | 34 | 37 | 25 | 15 | 61 |
| China Merchants Bank (Europe) S.A. | 68 | 62 | 60 | 66 | 66 | 55 | 62 |
| MEDIOBANCA INTERNATIONAL (LUXEMBOURG) S.A. | 22 | 61 | 38 | 46 | 36 | 31 | 63 |
| Société Nationale de Crédit et d'Investissement | 43 | 58 | 35 | 67 | 18 | 8 | 64 |
| Société Générale Financing and Distribution S.A. | 66 | 62 | 69 | 68 | 57 | 63 | 65 |
| China Everbright Bank (Europe) S.A. | 65 | 62 | 62 | 55 | 54 | 70 | 66 |
| Société Générale Capital Market Finance S.A. | 13 | 8 | 71 | 38 | 61 | 49 | 66 |
| Bank of China (Europe) S.A. | 17 | 16 | 15 | 35 | 20 | 20 | |
Total assets (€ million) |
|||
|---|---|---|---|
| Bank | 2023 | 2022 | % change |
| Advanzia Bank S.A. | 4155.61 | 3248.45 | 27.93% |
| Agricultural Bank of China (Luxembourg) S.A. | 61.27 | 50.62 | 21.06% |
| Andbank Luxembourg S.A. | 465.21 | 540.89 | -13.99% |
| Banco Bradesco Europa S.A. | 1309.22 | 2099.60 | -37.64% |
| Bank GPB International S.A. | 1949.12 | 4634.11 | -57.94% |
| Bank Julius Baer Europe S.A. | 3623.27 | 4085.83 | -11.32% |
| Bank of China (Europe) S.A. | 9280.74 | 8622.95 | 7.63% |
| Bank of Communications (Luxembourg) S.A. | 1014.79 | 992.81 | 2.21% |
| Bankinter Luxembourg S.A. | 802.52 | 839.45 | -4.40% |
| Banque de Luxembourg S.A. | 14101.74 | 14632.70 | -3.63% |
| Banque de Patrimoines Privés S.A. | 666.08 | 847.10 | -21.37% |
| Banque Degroof Petercam Luxembourg S.A. | 2715.20 | 3346.33 | -18.86% |
| Banque et Caisse d'Epargne de l'Etat, Luxembourg | 56324.16 | 56905.62 | -1.02% |
| Banque Havilland S.A. | 723.85 | 938.85 | -22.90% |
| Banque Internationale à Luxembourg S.A. | 30535.26 | 32412.31 | -5.79% |
| Banque J. Safra Sarasin (Luxembourg) SA | 9111.59 | 6216.58 | 46.57% |
| Banque Raiffeisen Société Coopérative | 10764.85 | 10754.48 | 0.10% |
| Banque Transatlantique Luxembourg S.A. | 976.21 | 976.65 | -0.05% |
| BGL BNP Paribas S.A. | 52656.40 | 50986.30 | 3.28% |
| BPER Bank Luxembourg SA | 970.02 | 875.69 | 10.77% |
| Brown Brothers Harriman (Luxembourg) S.C.A. | 135.30 | 118.75 | 13.94% |
| BTG Pactual Europe S.A. | 248.68 | 53.04 | 368.83% |
| CA Indosuez Wealth (Europe) S.A. | 16458.07 | 15077.48 | 9.16% |
| CaixaBank Wealth Management Luxembourg S.A. | 518.87 | 373.01 | 39.10% |
| China Construction Bank (Europe) S.A. | 3655.98 | 3164.42 | 15.53% |
| China Everbright Bank (Europe) S.A. | 186.02 | 103.76 | 79.28% |
| China Merchants Bank (Europe) S.A. | 117.23 | 44.82 | 161.59% |
| CIBC Capital Markets (Europe) SA | 1623.04 | 770.38 | 110.68% |
| Clearstream Banking S.A. | 17084.82 | 17174.44 | -0.52% |
| Clearstream Fund Centre S.A. | 482.26 | 376.17 | 28.20% |
| Commerzbank Finance & Covered Bond S.A. | 5347.97 | 6379.20 | -16.17% |
| Crédit Suisse (Luxembourg) S.A. | 5450.72 | 5290.44 | 3.03% |
| Delen Private Bank Luxembourg S.A. | 1054.01 | 631.03 | 67.03% |
| Deutsche Bank Luxembourg S.A. | 32334.34 | 29507.24 | 9.58% |
| DNB Luxembourg S.A. | 2407.87 | 2431.69 | -0.98% |
| DZ PRIVATBANK S.A. | 25661.93 | 24812.73 | 3.42% |
| Edmond de Rothschild (Europe) | 4824.61 | 5147.30 | -6.27% |
| EFG Bank (Luxembourg) S.A. | 3697.98 | 3550.13 | 4.16% |
| Eurobank Private Bank Luxembourg S.A. | 3056.67 | 2790.61 | 9.53% |
| European Depositary Bank S.A. | 1417.99 | 1619.00 | -12.42% |
| HSBC Private Bank (Luxembourg) S.A. | 3098.09 | 8565.99 | -63.83% |
| Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. | 5074.70 | 7403.55 | -31.46% |
| ING LUXEMBOURG S.A. | 16454.49 | 20933.24 | -21.40% |
| Intesa Sanpaolo Bank Luxembourg S.A. | 22172.64 | 18365.97 | 20.73% |
| Intesa Sanpaolo Wealth Management S.A. | 3452.13 | 1981.86 | 74.19% |
| John Deere Bank S.A. | 3437.89 | 3184.60 | 7.95% |
| Lombard Odier (Europe) S.A. | 2715.04 | 1840.80 | 47.49% |
| MEDIOBANCA INTERNATIONAL (LUXEMBOURG) S.A. | 5576.39 | 7482.49 | -25.47% |
| Mirabaud & Cie (Europe) S.A. | 517.11 | 466.41 | 10.87% |
| Mitsubishi UFJ Investor Services and Banking (Luxembourg) S.A. | 6007.27 | 7698.40 | -21.97% |
| Mizuho Trust & Banking (Luxembourg) SA | 1218.18 | 1318.68 | -7.62% |
| Natixis Corporate and Investment Banking Luxembourg | 3238.69 | 4920.65 | -34.18% |
| Nomura Bank (Luxembourg) S.A. | 4126.33 | 4858.21 | -15.06% |
| NORD/LB Luxembourg S.A. Covered Bond Bank S.A. | 7814.70 | 9154.70 | -14.64% |
| Northern Trust Global Services SE | 7302.16 | 6108.92 | 19.53% |
| PayPal (Europe) S.à r.l. et Cie, S.C.A. | 9972.96 | 11572.93 | -13.83% |
| Quintet Private Bank (Europe) S.A. | 10577.00 | 13010.00 | -18.70% |
| Rakuten Europe Bank S.A. | 56.16 | 53.77 | 4.43% |
| RBC Investor Services Bank S.A./ CACEIS INVESTOR SERVICES BANK S.A. | 15480.97 | 16413.78 | -5.68% |
| RBS INTERNATIONAL DEPOSITARY SERVICES S.A | 16.57 | 15.65 | 5.89% |
| RiverBank S.A. | 255.72 | 246.48 | 3.75% |
| SMBC Nikko Bank (Luxembourg) S.A. | 640.12 | 712.24 | -10.13% |
| Société Générale Capital Market Finance S.A. | 13140.36 | 12059.47 | 8.96% |
| Société Générale Financing and Distribution S.A. | 178.04 | 671.85 | -73.50% |
| Société Générale Luxembourg | 50976.21 | 52415.58 | -2.75% |
| Société Nationale de Crédit et d'Investissement | 1660.74 | 1602.56 | 3.63% |
| Sumitomo Mitsui Trust Bank (Luxembourg) S.A. | 265.71 | 329.65 | -19.40% |
| Swissquote Bank Europe SA | 790.38 | 792.64 | -0.28% |
| UniCredit International Bank (Luxembourg) S.A. | 1644.61 | 2482.29 | -33.75% |
| Union Bancaire Privée (Europe) S.A. | 2802.68 | 3038.94 | -7.77% |
| VP Bank (Luxembourg) S.A. | 2147.21 | 2096.80 | 2.40% |
Amount owed to customers (€ million) |
|||
|---|---|---|---|
| Bank | 2023 | 2022 | % change |
| Advanzia Bank S.A. | 2711.10 | 2355.66 | 15.09% |
| Agricultural Bank of China (Luxembourg) S.A. | 10.00 | 10.00 | 0.00% |
| Andbank Luxembourg S.A. | 301.41 | 311.68 | -3.30% |
| Banco Bradesco Europa S.A. | 521.99 | 522.37 | -0.07% |
| Bank GPB International S.A. | 936.89 | 1213.29 | -22.78% |
| Bank Julius Baer Europe S.A. | 3177.39 | 3682.90 | -13.73% |
| Bank of China (Europe) S.A. | 3540.43 | 3336.25 | 6.12% |
| Bank of Communications (Luxembourg) S.A. | 50.00 | 100.00 | -50.00% |
| Bankinter Luxembourg S.A. | 519.34 | 717.18 | -27.59% |
| Banque de Luxembourg S.A. | 11855.46 | 12673.63 | -6.46% |
| Banque de Patrimoines Privés S.A. | 449.73 | 617.63 | -27.18% |
| Banque Degroof Petercam Luxembourg S.A. | 1984.70 | 2562.96 | -22.56% |
| Banque et Caisse d'Epargne de l'Etat, Luxembourg | 40142.93 | 41214.95 | -2.60% |
| Banque Havilland S.A. | 273.93 | 489.47 | -44.04% |
| Banque Internationale à Luxembourg S.A. | 18455.04 | 21040.95 | -12.29% |
| Banque J. Safra Sarasin (Luxembourg) SA | 3850.28 | 3258.35 | 18.17% |
| Banque Raiffeisen Société Coopérative | 9596.27 | 9425.70 | 1.81% |
| Banque Transatlantique Luxembourg S.A. | 704.08 | 640.62 | 9.91% |
| BGL BNP Paribas S.A. | 36175.50 | 37712.30 | -4.08% |
| BPER Bank Luxembourg SA | 405.72 | 587.03 | -30.89% |
| Brown Brothers Harriman (Luxembourg) S.C.A. | |||
| BTG Pactual Europe S.A. | 34.35 | 41.22 | -16.66% |
| CA Indosuez Wealth (Europe) S.A. | 7635.71 | 7999.55 | -4.55% |
| CaixaBank Wealth Management Luxembourg S.A. | 442.29 | 335.09 | 31.99% |
| China Construction Bank (Europe) S.A. | 362.96 | 315.14 | 15.17% |
| China Everbright Bank (Europe) S.A. | |||
| China Merchants Bank (Europe) S.A. | |||
| CIBC Capital Markets (Europe) SA | |||
| Clearstream Banking S.A. | 1827.06 | 2164.47 | -15.59% |
| Clearstream Fund Centre S.A. | |||
| Commerzbank Finance & Covered Bond S.A. | 805.12 | 790.12 | 1.90% |
| Crédit Suisse (Luxembourg) S.A. | 4331.15 | 4294.94 | 0.84% |
| Delen Private Bank Luxembourg S.A. | 845.86 | 430.51 | 96.48% |
| Deutsche Bank Luxembourg S.A. | 3427.47 | 2860.52 | 19.82% |
| DNB Luxembourg S.A. | 1234.12 | 1461.55 | -15.56% |
| DZ PRIVATBANK S.A. | 13624.64 | 15131.48 | -9.96% |
| Edmond de Rothschild (Europe) | 3523.30 | 4084.64 | -13.74% |
| EFG Bank (Luxembourg) S.A. | 3277.30 | 3187.28 | 2.82% |
| Eurobank Private Bank Luxembourg S.A. | 2304.37 | 1842.59 | 25.06% |
| European Depositary Bank S.A. | 1256.11 | 1473.73 | -14.77% |
| HSBC Private Bank (Luxembourg) S.A. | 1623.48 | 1332.39 | 21.85% |
| Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. | 2571.89 | 3947.85 | -34.85% |
| ING LUXEMBOURG S.A. | 13429.00 | 17556.40 | -23.51% |
| Intesa Sanpaolo Bank Luxembourg S.A. | 3047.13 | 2237.40 | 36.19% |
| Intesa Sanpaolo Wealth Management S.A. | 2969.21 | 1821.02 | 63.05% |
| John Deere Bank S.A. | |||
| Lombard Odier (Europe) S.A. | 1071.53 | 1674.63 | -36.01% |
| MEDIOBANCA INTERNATIONAL (LUXEMBOURG) S.A. | 3.02 | 12.43 | -75.75% |
| Mirabaud & Cie (Europe) S.A. | 258.48 | 416.80 | -37.98% |
| Mitsubishi UFJ Investor Services and Banking (Luxembourg) S.A. | 3452.99 | 4549.41 | -24.10% |
| Mizuho Trust & Banking (Luxembourg) SA | 532.07 | 512.73 | 3.77% |
| Natixis Corporate and Investment Banking Luxembourg | 134.49 | 577.75 | -76.72% |
| Nomura Bank (Luxembourg) S.A. | 3249.77 | 3852.11 | -15.64% |
| NORD/LB Luxembourg S.A. Covered Bond Bank S.A. | 2066.30 | 2371.20 | -12.86% |
| Northern Trust Global Services SE | 4768.25 | 5090.38 | -6.33% |
| PayPal (Europe) S.à r.l. et Cie, S.C.A. | |||
| Quintet Private Bank (Europe) S.A. | 8345.00 | 10719.00 | -22.15% |
| Rakuten Europe Bank S.A. | 14.43 | 17.12 | -15.71% |
| RBC Investor Services Bank S.A./ CACEIS INVESTOR SERVICES BANK S.A. | 8525.49 | 12259.61 | -30.46% |
| RBS INTERNATIONAL DEPOSITARY SERVICES S.A | |||
| RiverBank S.A. | 199.09 | 189.81 | 4.89% |
| SMBC Nikko Bank (Luxembourg) S.A. | 400.65 | 516.43 | -22.42% |
| Société Générale Capital Market Finance S.A. | 11831.26 | 11483.89 | 3.02% |
| Société Générale Financing and Distribution S.A. | |||
| Société Générale Luxembourg | 22565.17 | 24720.46 | -8.72% |
| Société Nationale de Crédit et d'Investissement | 30.00 | 30.00 | 0.00% |
| Sumitomo Mitsui Trust Bank (Luxembourg) S.A. | |||
| Swissquote Bank Europe SA | 679.49 | 709.76 | -4.26% |
| UniCredit International Bank (Luxembourg) S.A. | 757.57 | 374.36 | 102.37% |
| Union Bancaire Privée (Europe) S.A. | 1654.44 | 2184.81 | -24.28% |
| VP Bank (Luxembourg) S.A. | 1140.62 | 1287.08 | -11.38% |
Equity (€ million) |
|||
|---|---|---|---|
| Bank | 2023 | 2022 | % change |
| Advanzia Bank S.A. | 475.18 | 343.69 | 38.26% |
| Agricultural Bank of China (Luxembourg) S.A. | 23.33 | 22.83 | 2.20% |
| Andbank Luxembourg S.A. | 50.05 | 46.15 | 8.44% |
| Banco Bradesco Europa S.A. | 321.24 | 532.86 | -39.71% |
| Bank GPB International S.A. | 327.85 | 350.42 | -6.44% |
| Bank Julius Baer Europe S.A. | 265.10 | 230.46 | 15.03% |
| Bank of China (Europe) S.A. | 621.77 | 547.97 | 13.47% |
| Bank of Communications (Luxembourg) S.A. | 287.75 | 279.72 | 2.87% |
| Bankinter Luxembourg S.A. | 83.91 | 70.10 | 19.71% |
| Banque de Luxembourg S.A. | 810.12 | 799.99 | 1.27% |
| Banque de Patrimoines Privés S.A. | 66.36 | 60.19 | 10.26% |
| Banque Degroof Petercam Luxembourg S.A. | 292.24 | 296.83 | -1.54% |
| Banque et Caisse d'Epargne de l'Etat, Luxembourg | 5577.75 | 5345.09 | 4.35% |
| Banque Havilland S.A. | 153.48 | 161.47 | -4.95% |
| Banque Internationale à Luxembourg S.A. | 2413.37 | 2277.86 | 5.95% |
| Banque J. Safra Sarasin (Luxembourg) SA | 487.95 | 534.90 | -8.78% |
| Banque Raiffeisen Société Coopérative | 521.76 | 478.58 | 9.02% |
| Banque Transatlantique Luxembourg S.A. | 76.64 | 74.22 | 3.26% |
| BGL BNP Paribas S.A. | 6145.70 | 5880.80 | 4.50% |
| BPER Bank Luxembourg SA | 77.10 | 67.77 | 13.77% |
| Brown Brothers Harriman (Luxembourg) S.C.A. | 109.51 | 102.37 | 6.98% |
| BTG Pactual Europe S.A. | 62.79 | 11.19 | 461.04% |
| CA Indosuez Wealth (Europe) S.A. | 532.56 | 538.00 | -1.01% |
| CaixaBank Wealth Management Luxembourg S.A. | 48.63 | 21.70 | 124.06% |
| China Construction Bank (Europe) S.A. | 512.32 | 494.87 | 3.52% |
| China Everbright Bank (Europe) S.A. | 20.51 | 14.64 | 40.04% |
| China Merchants Bank (Europe) S.A. | 90.31 | 44.20 | 104.33% |
| CIBC Capital Markets (Europe) SA | 857.63 | 376.37 | 127.87% |
| Clearstream Banking S.A. | 1638.62 | 1461.34 | 12.13% |
| Clearstream Fund Centre S.A. | 319.53 | 294.17 | 8.62% |
| Commerzbank Finance & Covered Bond S.A. | 1070.06 | 1056.01 | 1.33% |
| Crédit Suisse (Luxembourg) S.A. | 532.46 | 521.44 | 2.11% |
| Delen Private Bank Luxembourg S.A. | 138.81 | 137.12 | 1.23% |
| Deutsche Bank Luxembourg S.A. | 4984.54 | 4881.35 | 2.11% |
| DNB Luxembourg S.A. | 144.59 | 129.65 | 11.52% |
| DZ PRIVATBANK S.A. | 1230.50 | 1168.12 | 5.34% |
| Edmond de Rothschild (Europe) | 246.13 | 213.32 | 15.38% |
| EFG Bank (Luxembourg) S.A. | 262.53 | 193.57 | 35.63% |
| Eurobank Private Bank Luxembourg S.A. | 305.47 | 271.93 | 12.33% |
| European Depositary Bank S.A. | 97.59 | 70.23 | 38.95% |
| HSBC Private Bank (Luxembourg) S.A. | 236.35 | 334.49 | -29.34% |
| Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. | 434.80 | 409.11 | 6.28% |
| ING LUXEMBOURG S.A. | 1285.85 | 1089.36 | 18.04% |
| Intesa Sanpaolo Bank Luxembourg S.A. | 2567.60 | 2422.42 | 5.99% |
| Intesa Sanpaolo Wealth Management S.A. | 249.46 | 93.15 | 167.80% |
| John Deere Bank S.A. | 548.62 | 530.28 | 3.46% |
| Lombard Odier (Europe) S.A. | 129.73 | 106.62 | 21.67% |
| MEDIOBANCA INTERNATIONAL (LUXEMBOURG) S.A. | 355.90 | 343.01 | 3.76% |
| Mirabaud & Cie (Europe) S.A. | 28.35 | 29.57 | -4.14% |
| Mitsubishi UFJ Investor Services and Banking (Luxembourg) S.A. | 588.96 | 518.39 | 13.61% |
| Mizuho Trust & Banking (Luxembourg) SA | 107.42 | 100.55 | 6.83% |
| Natixis Corporate and Investment Banking Luxembourg | 730.47 | 720.89 | 1.33% |
| Nomura Bank (Luxembourg) S.A. | 371.00 | 358.87 | 3.38% |
| NORD/LB Luxembourg S.A. Covered Bond Bank S.A. | 626.40 | 625.70 | 0.11% |
| Northern Trust Global Services SE | 844.56 | 801.87 | 5.32% |
| PayPal (Europe) S.à r.l. et Cie, S.C.A. | 1327.71 | 1230.64 | 7.89% |
| Quintet Private Bank (Europe) S.A. | 1154.00 | 1116.00 | 3.41% |
| Rakuten Europe Bank S.A. | 37.37 | 32.03 | 16.67% |
| RBC Investor Services Bank S.A./ CACEIS INVESTOR SERVICES BANK S.A. | 1087.27 | 1171.60 | -7.20% |
| RBS INTERNATIONAL DEPOSITARY SERVICES S.A | 15.27 | 14.13 | 8.08% |
| RiverBank S.A. | 50.42 | 48.85 | 3.21% |
| SMBC Nikko Bank (Luxembourg) S.A. | 215.04 | 179.35 | 19.90% |
| Société Générale Capital Market Finance S.A. | 138.36 | 81.36 | 70.07% |
| Société Générale Financing and Distribution S.A. | 52.63 | 50.85 | 3.51% |
| Société Générale Luxembourg | 3233.36 | 3131.08 | 3.27% |
| Société Nationale de Crédit et d'Investissement | 1333.08 | 1274.66 | 4.58% |
| Sumitomo Mitsui Trust Bank (Luxembourg) S.A. | 54.37 | 53.16 | 2.28% |
| Swissquote Bank Europe SA | 84.58 | 73.33 | 15.34% |
| UniCredit International Bank (Luxembourg) S.A. | 307.00 | 307.36 | -0.12% |
| Union Bancaire Privée (Europe) S.A. | 347.99 | 312.31 | 11.43% |
| VP Bank (Luxembourg) S.A. | 106.99 | 127.81 | -16.29% |
Net interest income (€ million) |
|||
|---|---|---|---|
| Bank | 2023 | 2022 | % change |
| Advanzia Bank S.A. | 384.53 | 361.74 | 6.30% |
| Agricultural Bank of China (Luxembourg) S.A. | 0.45 | 0.09 | 402.45% |
| Andbank Luxembourg S.A. | 9.31 | 4.24 | 119.47% |
| Banco Bradesco Europa S.A. | 40.84 | 29.34 | 39.16% |
| Bank GPB International S.A. | 49.90 | 50.00 | -0.20% |
| Bank Julius Baer Europe S.A. | 61.50 | 27.41 | 124.38% |
| Bank of China (Europe) S.A. | 138.87 | 87.90 | 57.99% |
| Bank of Communications (Luxembourg) S.A. | 20.68 | 10.24 | 101.99% |
| Bankinter Luxembourg S.A. | 10.42 | 7.98 | 30.58% |
| Banque de Luxembourg S.A. | 193.12 | 100.67 | 91.84% |
| Banque de Patrimoines Privés S.A. | 12.08 | 7.39 | 63.57% |
| Banque Degroof Petercam Luxembourg S.A. | 23.69 | 15.67 | 51.22% |
| Banque et Caisse d'Epargne de l'Etat, Luxembourg | 777.62 | 488.33 | 59.24% |
| Banque Havilland S.A. | 11.25 | 10.03 | 12.12% |
| Banque Internationale à Luxembourg S.A. | 537.43 | 362.48 | 48.26% |
| Banque J. Safra Sarasin (Luxembourg) SA | 114.80 | 76.60 | 49.88% |
| Banque Raiffeisen Société Coopérative | 202.04 | 129.65 | 55.84% |
| Banque Transatlantique Luxembourg S.A. | 8.76 | 6.61 | 32.45% |
| BGL BNP Paribas S.A. | 661.10 | 524.30 | 26.09% |
| BPER Bank Luxembourg SA | 14.23 | 5.81 | 145.00% |
| Brown Brothers Harriman (Luxembourg) S.C.A. | 1.16 | 0.21 | 452.84% |
| BTG Pactual Europe S.A. | 2.30 | 0.83 | 177.09% |
| CA Indosuez Wealth (Europe) S.A. | 92.85 | 72.60 | 27.88% |
| CaixaBank Wealth Management Luxembourg S.A. | 7.21 | 0.94 | 670.70% |
| China Construction Bank (Europe) S.A. | 37.87 | 31.32 | 20.90% |
| China Everbright Bank (Europe) S.A. | 1.62 | 0.46 | 249.82% |
| China Merchants Bank (Europe) S.A. | 2.62 | 0.14 | 1759.41% |
| CIBC Capital Markets (Europe) SA | 33.54 | 3.35 | 901.04% |
| Clearstream Banking S.A. | 555.19 | 194.36 | 185.66% |
| Clearstream Fund Centre S.A. | 6.57 | 0.02 | 43666.67% |
| Commerzbank Finance & Covered Bond S.A. | 74.36 | 111.07 | -33.05% |
| Crédit Suisse (Luxembourg) S.A. | 25.76 | 28.72 | -10.31% |
| Delen Private Bank Luxembourg S.A. | 6.97 | 1.36 | 414.16% |
| Deutsche Bank Luxembourg S.A. | 533.27 | 294.43 | 81.12% |
| DNB Luxembourg S.A. | 27.90 | 22.25 | 25.42% |
| DZ PRIVATBANK S.A. | 154.54 | 117.53 | 31.49% |
| Edmond de Rothschild (Europe) | 98.00 | 37.78 | 159.42% |
| EFG Bank (Luxembourg) S.A. | 60.75 | 18.45 | 229.24% |
| Eurobank Private Bank Luxembourg S.A. | 66.45 | 36.26 | 83.28% |
| European Depositary Bank S.A. | 29.34 | 12.89 | 127.65% |
| HSBC Private Bank (Luxembourg) S.A. | -3.03 | -14.22 | -78.66% |
| Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. | 31.31 | 45.83 | -31.68% |
| ING LUXEMBOURG S.A. | 448.52 | 250.18 | 79.28% |
| Intesa Sanpaolo Bank Luxembourg S.A. | 176.10 | 130.50 | 34.94% |
| Intesa Sanpaolo Wealth Management S.A. | 40.46 | 9.61 | 321.22% |
| John Deere Bank S.A. | 72.02 | 70.46 | 2.21% |
| Lombard Odier (Europe) S.A. | 39.84 | 18.90 | 110.86% |
| MEDIOBANCA INTERNATIONAL (LUXEMBOURG) S.A. | 28.52 | 17.25 | 65.32% |
| Mirabaud & Cie (Europe) S.A. | 10.24 | 3.16 | 223.67% |
| Mitsubishi UFJ Investor Services and Banking (Luxembourg) S.A. | 88.48 | 45.70 | 93.60% |
| Mizuho Trust & Banking (Luxembourg) SA | 21.34 | 5.07 | 321.33% |
| Natixis Corporate and Investment Banking Luxembourg | 46.38 | 30.28 | 53.14% |
| Nomura Bank (Luxembourg) S.A. | 25.23 | 2.19 | 1050.57% |
| NORD/LB Luxembourg S.A. Covered Bond Bank S.A. | 68.51 | 75.38 | -9.11% |
| Northern Trust Global Services SE | 68.64 | 9.29 | 639.21% |
| PayPal (Europe) S.à r.l. et Cie, S.C.A. | 486.13 | 258.15 | 88.31% |
| Quintet Private Bank (Europe) S.A. | 219.25 | 98.05 | 123.60% |
| Rakuten Europe Bank S.A. | 0.62 | -0.03 | N/A |
| RBC Investor Services Bank S.A./ CACEIS INVESTOR SERVICES BANK S.A. | -10.43 | 69.36 | N/A |
| RBS INTERNATIONAL DEPOSITARY SERVICES S.A | 0.27 | 0.03 | 799.97% |
| RiverBank S.A. | 11.71 | 10.51 | 11.45% |
| SMBC Nikko Bank (Luxembourg) S.A. | 1.59 | 0.18 | 780.59% |
| Société Générale Capital Market Finance S.A. | -11.38 | -4.02 | 182.63% |
| Société Générale Financing and Distribution S.A. | -4.76 | 3.23 | N/A |
| Société Générale Luxembourg | 350.52 | 197.79 | 77.22% |
| Société Nationale de Crédit et d'Investissement | 31.75 | 2.50 | 1168.89% |
| Sumitomo Mitsui Trust Bank (Luxembourg) S.A. | 5.87 | 2.45 | 139.87% |
| Swissquote Bank Europe SA | 22.47 | 8.14 | 175.97% |
| UniCredit International Bank (Luxembourg) S.A. | 16.85 | 19.86 | -15.14% |
| Union Bancaire Privée (Europe) S.A. | 44.90 | 30.12 | 49.08% |
| VP Bank (Luxembourg) S.A. | 20.37 | 10.76 | 89.22% |
Net fee and commission income (€ million) |
|||
|---|---|---|---|
| Bank | 2023 | 2022 | % change |
| Advanzia Bank S.A. | 50.94 | 41.67 | 22.25% |
| Agricultural Bank of China (Luxembourg) S.A. | 5.61 | 7.53 | -25.48% |
| Andbank Luxembourg S.A. | 2.30 | 3.12 | -26.07% |
| Banco Bradesco Europa S.A. | 10 | 11.82 | -16.86% |
| Bank GPB International S.A. | 7.36 | 28.88 | -74.50% |
| Bank Julius Baer Europe S.A. | 83.40 | 81.85 | 1.88% |
| Bank of China (Europe) S.A. | 24.40 | 14.03 | 73.89% |
| Bank of Communications (Luxembourg) S.A. | 2.24 | 3.74 | -40.24% |
| Bankinter Luxembourg S.A. | 12.00 | 12.37 | -2.99% |
| Banque de Luxembourg S.A. | 135.81 | 137.71 | -1.38% |
| Banque de Patrimoines Privés S.A. | 19.05 | 18.35 | 3.84% |
| Banque Degroof Petercam Luxembourg S.A. | 44.33 | 47.72 | -7.11% |
| Banque et Caisse d'Epargne de l'Etat, Luxembourg | 157.25 | 162.97 | -3.51% |
| Banque Havilland S.A. | 10 | 12.15 | -17.70% |
| Banque Internationale à Luxembourg S.A. | 212.02 | 224.21 | -5.43% |
| Banque J. Safra Sarasin (Luxembourg) SA | 58.86 | 51.58 | 14.11% |
| Banque Raiffeisen Société Coopérative | 32.83 | 33.71 | -2.60% |
| Banque Transatlantique Luxembourg S.A. | 7.52 | 6.52 | 15.32% |
| BGL BNP Paribas S.A. | 169.60 | 168.20 | 0.83% |
| BPER Bank Luxembourg SA | 6.12 | 6.20 | -1.37% |
| Brown Brothers Harriman (Luxembourg) S.C.A. | 119 | 127.54 | -6.59% |
| BTG Pactual Europe S.A. | 1.23 | 2.19 | -43.87% |
| CA Indosuez Wealth (Europe) S.A. | 85.83 | 96.16 | -10.75% |
| CaixaBank Wealth Management Luxembourg S.A. | 9.06 | 5.06 | 79.02% |
| China Construction Bank (Europe) S.A. | 19.74 | 14.23 | 38.69% |
| China Everbright Bank (Europe) S.A. | 6.25 | 3.04 | 105.66% |
| China Merchants Bank (Europe) S.A. | 0.12 | 0.01 | 1964.10% |
| CIBC Capital Markets (Europe) SA | 22.35 | 10.86 | 105.77% |
| Clearstream Banking S.A. | 721.42 | 633.49 | 13.88% |
| Clearstream Fund Centre S.A. | 0.22 | 0 | |
| Commerzbank Finance & Covered Bond S.A. | 489.00 | 3.22 | 15109.95% |
| Crédit Suisse (Luxembourg) S.A. | 72.33 | 94.89 | -23.77% |
| Delen Private Bank Luxembourg S.A. | 93.27 | 86.57 | 7.74% |
| Deutsche Bank Luxembourg S.A. | -23.03 | -14.74 | 56.22% |
| DNB Luxembourg S.A. | 3.99 | 4.48 | -10.87% |
| DZ PRIVATBANK S.A. | 154.46 | 157.33 | -1.82% |
| Edmond de Rothschild (Europe) | 58.45 | 59.01 | -0.94% |
| EFG Bank (Luxembourg) S.A. | 44.44 | 44.07 | 0.84% |
| Eurobank Private Bank Luxembourg S.A. | 7.51 | 7.12 | 5.47% |
| European Depositary Bank S.A. | 46.01 | 44.35 | 3.76% |
| HSBC Private Bank (Luxembourg) S.A. | 26.84 | 11.28 | 137.90% |
| Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. | 32.71 | 23.09 | 41.67% |
| ING LUXEMBOURG S.A. | 103.13 | 107.02 | -3.64% |
| Intesa Sanpaolo Bank Luxembourg S.A. | 45.50 | 44.37 | 2.55% |
| Intesa Sanpaolo Wealth Management S.A. | 43.96 | 33.70 | 30.46% |
| John Deere Bank S.A. | 3.97 | 3.47 | 14.59% |
| Lombard Odier (Europe) S.A. | 63.02 | 62.43 | 0.96% |
| MEDIOBANCA INTERNATIONAL (LUXEMBOURG) S.A. | 10.04 | 6.94 | 44.54% |
| Mirabaud & Cie (Europe) S.A. | 23.23 | 27.73 | -16.21% |
| Mitsubishi UFJ Investor Services and Banking (Luxembourg) S.A. | 79.09 | 85.02 | -6.97% |
| Mizuho Trust & Banking (Luxembourg) SA | 34.52 | 36.84 | -6.30% |
| Natixis Corporate and Investment Banking Luxembourg | -1.47 | 9.10 | -116.15% |
| Nomura Bank (Luxembourg) S.A. | 54.48 | 55.77 | -2.32% |
| NORD/LB Luxembourg S.A. Covered Bond Bank S.A. | -31.74 | -38.75 | -18.10% |
| Northern Trust Global Services SE | 238.59 | 235.44 | 1.34% |
| PayPal (Europe) S.a r.l. et Cie, S.C.A. | 335.75 | 347.13 | -3.28% |
| Quintet Private Bank (Europe) S.A. | 244.34 | 237.31 | 2.96% |
| Rakuten Europe Bank S.A. | 16.45 | 17.41 | -5.55% |
| RBC Investor Services Bank S.A./ CACEIS INVESTOR SERVICES BANK S.A. | 154.89 | 175.33 | -11.66% |
| RBS INTERNATIONAL DEPOSITARY SERVICES S.A | 8.84 | 7.55 | 17.10% |
| RiverBank S.A. | 0.67 | 0.98 | -32.08% |
| SMBC Nikko Bank (Luxembourg) S.A. | 20.85 | 21.03 | -0.87% |
| Société Générale Capital Market Finance S.A. | 21.84 | 14.73 | 48.32% |
| Société Générale Financing and Distribution S.A. | -1.03 | -1.37 | -25.32% |
| Société Générale Luxembourg | 159.11 | 163.87 | -2.91% |
| Société Nationale de Crédit et d'Investissement | -0.29 | -0.25 | 12.82% |
| Sumitomo Mitsui Trust Bank (Luxembourg) S.A. | 5.82 | 6.34 | -8.19% |
| Swissquote Bank Europe SA | 9.35 | 8.76 | 6.78% |
| UniCredit International Bank (Luxembourg) S.A. | 8.13 | 6.86 | 18.47% |
| Union Bancaire Privée (Europe) S.A. | 29.29 | 30.06 | -2.58% |
| VP Bank (Luxembourg) S.A. | 20.08 | 20.12 | -0.20% |
Profit for the financial year (€ million) |
|||
|---|---|---|---|
| Bank | 2023 | 2022 | % change |
| Advanzia Bank S.A. | 97.50 | 122.41 | -20.35% |
| Agricultural Bank of China (Luxembourg) S.A. | 0.50 | 0.64 | -21.89% |
| Andbank Luxembourg S.A. | 6.04 | 2.83 | 113.57% |
| Banco Bradesco Europa S.A. | 16.51 | 21.11 | -21.79% |
| Bank GPB International S.A. | 6.14 | 61.43 | -90.00% |
| Bank Julius Baer Europe S.A. | 38.93 | 27.11 | 43.58% |
| Bank of China (Europe) S.A. | 68.37 | 14.37 | 375.84% |
| Bank of Communications (Luxembourg) S.A. | 7.77 | -9.00 | N/A |
| Bankinter Luxembourg S.A. | 13.82 | -4.44 | N/A |
| Banque de Luxembourg S.A. | 75.69 | 72.11 | 4.97% |
| Banque de Patrimoines Privés S.A. | 6.86 | 6.37 | 7.65% |
| Banque Degroof Petercam Luxembourg S.A. | -4.21 | 37.62 | N/A |
| Banque et Caisse d'Epargne de l'Etat, Luxembourg | 400.78 | 234.69 | 70.77% |
| Banque Havilland S.A. | -7.99 | -27.77 | -71.23% |
| Banque Internationale à Luxembourg S.A. | 201.77 | 152.93 | 31.93% |
| Banque J. Safra Sarasin (Luxembourg) SA | 88.09 | 47.68 | 84.75% |
| Banque Raiffeisen Société Coopérative | 43.87 | 23.72 | 84.98% |
| Banque Transatlantique Luxembourg S.A. | 4.92 | 3.91 | 26.02% |
| BGL BNP Paribas S.A. | 437.20 | 433.00 | 0.97% |
| BPER Bank Luxembourg SA | 9.33 | 3.36 | 177.81% |
| Brown Brothers Harriman (Luxembourg) S.C.A. | 40.94 | 50.58 | -19.07% |
| BTG Pactual Europe S.A. | -3.41 | -2.31 | 47.45% |
| CA Indosuez Wealth (Europe) S.A. | 19.56 | 82.37 | -76.26% |
| CaixaBank Wealth Management Luxembourg S.A. | 1.93 | -4.70 | N/A |
| China Construction Bank (Europe) S.A. | 17.14 | -16.13 | N/A |
| China Everbright Bank (Europe) S.A. | 4.75 | 1.06 | 349.81% |
| China Merchants Bank (Europe) S.A. | -3.89 | -4.54 | -14.39% |
| CIBC Capital Markets (Europe) SA | 37.73 | 0.08 | 45683.90% |
| Clearstream Banking S.A. | 610.52 | 432.24 | 41.25% |
| Clearstream Fund Centre S.A. | 25.87 | 8.44 | 206.42% |
| Commerzbank Finance & Covered Bond S.A. | 14.13 | -54.25 | N/A |
| Crédit Suisse (Luxembourg) S.A. | -0.45 | 28.81 | N/A |
| Delen Private Bank Luxembourg S.A. | 75.44 | 73.77 | 2.26% |
| Deutsche Bank Luxembourg S.A. | 290.92 | 186.43 | 56.05% |
| DNB Luxembourg S.A. | 14.94 | 11.15 | 34.00% |
| DZ PRIVATBANK S.A. | 86.88 | 79.44 | 9.36% |
| Edmond de Rothschild (Europe) | 52.82 | 26.02 | 102.99% |
| EFG Bank (Luxembourg) S.A. | 63.62 | 26.55 | 139.64% |
| Eurobank Private Bank Luxembourg S.A. | 33.54 | 13.56 | 147.37% |
| European Depositary Bank S.A. | 19.84 | 2.85 | 596.31% |
| HSBC Private Bank (Luxembourg) S.A. | -18.00 | -7.40 | 143.29% |
| Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. | 25.70 | -147.71 | N/A |
| ING LUXEMBOURG S.A. | 262.85 | 119.57 | 119.83% |
| Intesa Sanpaolo Bank Luxembourg S.A. | 131.26 | -153.83 | N/A |
| Intesa Sanpaolo Wealth Management S.A. | 12.27 | 8.55 | 43.59% |
| John Deere Bank S.A. | 19.71 | 58.94 | -66.56% |
| Lombard Odier (Europe) S.A. | 23.11 | 14.48 | 59.58% |
| MEDIOBANCA INTERNATIONAL (LUXEMBOURG) S.A. | 18.59 | 6.97 | 166.81% |
| Mirabaud & Cie (Europe) S.A. | -1.22 | -1.03 | 18.70% |
| Mitsubishi UFJ Investor Services and Banking (Luxembourg) S.A. | 88.58 | 59.06 | 49.98% |
| Mizuho Trust & Banking (Luxembourg) SA | 10.36 | 2.72 | 280.44% |
| Natixis Corporate and Investment Banking Luxembourg | 18.37 | 9.26 | 98.44% |
| Nomura Bank (Luxembourg) S.A. | 31.00 | 18.17 | 70.59% |
| NORD/LB Luxembourg S.A. Covered Bond Bank S.A. | -16.55 | 13.72 | N/A |
| Northern Trust Global Services SE | 42.69 | 54.10 | -21.10% |
| PayPal (Europe) S.à r.l. et Cie, S.C.A. | 287.49 | 73.19 | 292.78% |
| Quintet Private Bank (Europe) S.A. | 43.04 | 7.63 | 464.19% |
| Rakuten Europe Bank S.A. | -4.66 | -3.68 | 26.65% |
| RBC Investor Services Bank S.A./ CACEIS INVESTOR SERVICES BANK S.A. | 24.35 | 28.78 | -15.39% |
| RBS INTERNATIONAL DEPOSITARY SERVICES S.A | 1.14 | 0.94 | 22.09% |
| RiverBank S.A. | -1.68 | -6.75 | -75.13% |
| SMBC Nikko Bank (Luxembourg) S.A. | 35.69 | 5.08 | 602.08% |
| Société Générale Capital Market Finance S.A. | 0.08 | 0.07 | 14.82% |
| Société Générale Financing and Distribution S.A. | 1.78 | -74.17 | N/A |
| Société Générale Luxembourg | 324.35 | 343.51 | -5.58% |
| Société Nationale de Crédit et d'Investissement | 58.42 | 35.63 | 63.98% |
| Sumitomo Mitsui Trust Bank (Luxembourg) S.A. | 4.13 | 1.24 | 233.83% |
| Swissquote Bank Europe SA | 11.25 | 2.86 | 293.91% |
| UniCredit International Bank (Luxembourg) S.A. | 1.67 | 4.75 | -64.88% |
| Union Bancaire Privée (Europe) S.A. | 15.88 | 8.13 | 95.27% |
| VP Bank (Luxembourg) S.A. | 8.87 | 5.46 | 62.63% |
Staff (Total number) |
|||
|---|---|---|---|
| Bank | 2023 | 2022 | % change |
| Advanzia Bank S.A. | 192 | 188 | 2.13% |
| Agricultural Bank of China (Luxembourg) S.A. | 54 | 52 | 3.85% |
| Andbank Luxembourg S.A. | 38 | 37 | 2.70% |
| Banco Bradesco Europa S.A. | 59 | 58 | 0.96% |
| Bank GPB International S.A. | 109 | 108 | 0.93% |
| Bank Julius Baer Europe S.A. | 372 | 361 | 3.05% |
| Bank of China (Europe) S.A. | 227 | N/A | |
| Bank of Communications (Luxembourg) S.A. | 69 | 72 | -4.17% |
| Bankinter Luxembourg S.A. | 38 | 39 | -2.56% |
| Banque de Luxembourg S.A. | 992 | 965 | 2.80% |
| Banque de Patrimoines Privés S.A. | 102 | 103 | -0.97% |
| Banque Degroof Petercam Luxembourg S.A. | 299 | 280 | 6.79% |
| Banque et Caisse d'Epargne de l'Etat, Luxembourg | 1876 | 1841 | 1.90% |
| Banque Havilland S.A. | 133 | 154 | -13.64% |
| Banque Internationale à Luxembourg S.A. | 1888 | 1851 | 2.00% |
| Banque J. Safra Sarasin (Luxembourg) SA | 227 | 208 | 9.13% |
| Banque Raiffeisen Société Coopérative | 683 | 662 | 3.17% |
| Banque Transatlantique Luxembourg S.A. | 43 | 37 | 16.22% |
| BGL BNP Paribas S.A. | 2100 | 2152 | -2.42% |
| BPER Bank Luxembourg SA | 29 | 27 | 7.41% |
| Brown Brothers Harriman (Luxembourg) S.C.A. | 403 | 392 | 2.81% |
| BTG Pactual Europe S.A. | 34 | 26 | 30.77% |
| CA Indosuez Wealth (Europe) S.A. | 626 | 590 | 6.10% |
| CaixaBank Wealth Management Luxembourg S.A. | 29 | 25 | 14.28% |
| China Construction Bank (Europe) S.A. | 199 | 193 | 3.11% |
| China Everbright Bank (Europe) S.A. | 6 | 6 | -8.33% |
| China Merchants Bank (Europe) S.A. | 22 | 19 | 15.79% |
| CIBC Capital Markets (Europe) SA | 27 | 22 | 22.73% |
| Clearstream Banking S.A. | 518 | 557 | -7.00% |
| Clearstream Fund Centre S.A. | 139 | 83 | 67.47% |
| Commerzbank Finance & Covered Bond S.A. | 33 | 11 | 200.00% |
| Crédit Suisse (Luxembourg) S.A. | 332 | 371 | -10.51% |
| Delen Private Bank Luxembourg S.A. | 50 | 51 | -1.96% |
| Deutsche Bank Luxembourg S.A. | 348 | 320 | 8.75% |
| DNB Luxembourg S.A. | 41 | 43 | -4.65% |
| DZ PRIVATBANK S.A. | 1110 | 1052 | 5.51% |
| Edmond de Rothschild (Europe) | 428 | 439 | -2.51% |
| EFG Bank (Luxembourg) S.A. | 186 | 183 | 1.64% |
| Eurobank Private Bank Luxembourg S.A. | 121 | 105 | 15.24% |
| European Depositary Bank S.A. | 267 | 241 | 10.79% |
| HSBC Private Bank (Luxembourg) S.A. | 174 | 93 | 87.10% |
| Industrial and Commercial Bank of China (Europe) S.A., en abrégé ICBC (Europe) S.A. | 353 | 363 | -2.75% |
| ING LUXEMBOURG S.A. | 966 | 969 | -0.31% |
| Intesa Sanpaolo Bank Luxembourg S.A. | 167 | 165 | 1.21% |
| Intesa Sanpaolo Wealth Management S.A. | 216 | 148 | 45.95% |
| John Deere Bank S.A. | 152 | 156 | -2.56% |
| Lombard Odier (Europe) S.A. | 210 | 206 | 1.94% |
| MEDIOBANCA INTERNATIONAL (LUXEMBOURG) S.A. | 20 | 18 | 11.11% |
| Mirabaud & Cie (Europe) S.A. | 44 | 35 | 25.71% |
| Mitsubishi UFJ Investor Services and Banking (Luxembourg) S.A. | 173 | 166 | 4.22% |
| Mizuho Trust & Banking (Luxembourg) SA | 185 | 180 | 2.78% |
| Natixis Corporate and Investment Banking Luxembourg | 49 | 91 | -46.15% |
| Nomura Bank (Luxembourg) S.A. | 301 | 295 | 2.03% |
| NORD/LB Luxembourg S.A. Covered Bond Bank S.A. | 117 | 124 | -5.65% |
| Northern Trust Global Services SE | 503 | 484 | 3.93% |
| PayPal (Europe) S.à r.l. et Cie, S.C.A. | 101 | 102 | -0.98% |
| Quintet Private Bank (Europe) S.A. | 1336 | 1387 | -3.68% |
| Rakuten Europe Bank S.A. | 64 | 47 | 36.17% |
| RBC Investor Services Bank S.A./ CACEIS INVESTOR SERVICES BANK S.A. | 860 | 877 | -1.94% |
| RBS INTERNATIONAL DEPOSITARY SERVICES S.A | 35 | 34 | 2.94% |
| RiverBank S.A. | 49 | 69 | -28.99% |
| SMBC Nikko Bank (Luxembourg) S.A. | 82 | 81 | 1.23% |
| Société Générale Capital Market Finance S.A. | 5 | 5 | 0.00% |
| Société Générale Financing and Distribution S.A. | 9 | 8 | 12.50% |
| Société Générale Luxembourg | 1100 | 1074 | 2.42% |
| Société Nationale de Crédit et d'Investissement | 16 | 14 | 14.29% |
| Sumitomo Mitsui Trust Bank (Luxembourg) S.A. | 28 | 27 | 3.70% |
| Swissquote Bank Europe SA | 66 | 48 | 37.50% |
| UniCredit International Bank (Luxembourg) S.A. | 71 | 69 | 2.90% |
| Union Bancaire Privée (Europe) S.A. | 117 | 114 | 2.63% |
| VP Bank (Luxembourg) S.A. | 100 | 108 | -7.41% |
In case annual accounts were prepared on foreign currency basis, the ECB rate at year end was used to convert the figures into EUR
Meet our team
For queries, please contact:
Reem Olleik Gharib
Manager, Audit
KPMG Luxembourg