Degree of internationalization

Explore the extent of the Luxembourg banking industry’s internationalization with our banking market overview

Explore the extent of the Luxembourg banking industry’s internationalization with our bank

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Geographical origin of Luxembourg’s credit institutions

Countries of origin: Europe

Explore the number and geographical origins of financial institutions from European countries

Of Luxembourg’s 118 banks (including branches and covered bonds banks) as at end 2023, 85 were from Europe, with 42 percent of these originating from Luxembourg’s three bordering countries.

Countries of origin: worldwide

New entrants and leavers in Luxembourg in 2023

1 Entries
4 Exits

Change in number of credit institutions

Banking insights

Delve deep into the key trends, challenges, and opportunities shaping the banking sector in Luxembourg.

Evolution of the Luxembourg banking industry

How have the changes of 2023 affected the banking industry? KPMG’s annual banking market analysis based on statistical and annual accounts data tells all.