Financial sector in Luxembourg - statistics & facts
Financial activities in Luxembourg are the most internationally oriented in the Benelux region. Take, for instance, the number of banks in the country. In early 2024, most of the 117 banks operating in the Grand Duchy were branches and subsidiaries of foreign banks, and over 40 percent of clients in private banking in Luxembourg came from other European countries. The country is an attractive place for both foreign investments and private clients.
