Biggest domestic banks of Luxembourg 2019, based on number of branches
This statistic shows the total number of domestic branches of the three leading domestic banks in Luxembourg as of early 2019. At the beginning of 2019, Banque et Caisse d’Epargne de l’Etat (BCEE) reached 64 branches and was the Luxembourgish bank with the most domestic branches in the country. Banque Internationale à Luxembourg was the second-largest, reaching a number of 41 offices.
Luxembourg is an international financial center in the European Union, with over 140 international banks having an office in the Grand Duchy. IAs of 2019, for example, the number of banks in Luxembourg which originated from Germany reached a total of 24. Around 15 banks in the Luxembourg banking sector were from France.
The Grand Duchy's fund industry is one of the largest in Europe. In 2016, for example, the total value of investments in private equity companies in Luxembourg amounted to approximately 465 million euros.
Luxembourg is an international financial center in the European Union, with over 140 international banks having an office in the Grand Duchy. IAs of 2019, for example, the number of banks in Luxembourg which originated from Germany reached a total of 24. Around 15 banks in the Luxembourg banking sector were from France.
The Grand Duchy's fund industry is one of the largest in Europe. In 2016, for example, the total value of investments in private equity companies in Luxembourg amounted to approximately 465 million euros.
